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    Remodeled Flex Space with Garage Entrance Title is generated by Realmo AI

    2472 Eastman Ave 33, Ventura, CA 93003

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    For Lease
    $6,000/Mo $22 SF/Yr (calc)

    Move-in-ready flex suite with private offices and a showroom accessible via its own garage entrance.

    Type:Industrial
    Property size:
    3,270 SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 2:56 am

    Property Features for 2472 Eastman Ave 33

    General Information

    Standard status
    Active
    Size
    3,270 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1982

    We can help!

    Listing Contact
    Jonathan Claudio

    Listing agent Jonathan Claudio License #02191402

    Listing office

    Listing date Jun 3, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Jonathan Claudio

    HighLights

    • For lease: fully remodeled commercial unit built in 1982
    • Approximately 3,270 SF with a flexible upper‑level area for workspace, storage, training, or other uses
    • Floor plan includes three private offices, a meeting room, and a break room
    • Spacious showroom with its own garage entrance for operations, deliveries, and displays
    • Includes an attached one‑car garage
    • Walk Score 82 (Very Walkable) and Bike Score 76 (Very Bikeable)

    Overview

    This fully remodeled flex space is designed for a mix of office operations and display or service use. The main level features three private offices, a meeting room, a break room, and a spacious showroom. The showroom is supported by its own garage entrance, which can simplify loading, deliveries, and day-to-day access for businesses that need both customer-facing space and practical back-of-house flow. An expansive upper-level area adds flexibility for additional workspace, storage, training, creative uses, or other operational needs. The property also includes an attached one-car garage.

    Located at 2472 Eastman Ave, Unit 33 in Ventura, the suite offers convenient access to major thoroughfares and is positioned near shopping, dining, and surrounding business centers. Walk and bike scores indicate the area is very walkable and very bikeable, with some transit availability.

    For tenants seeking a move-in-ready suite that can support both client interaction and internal operations, this layout offers dedicated office rooms alongside a showroom configured for direct garage access. The combination of private workspace, meeting space, and an additional upper-level area supports a range of professional and hands-on business models that need room to operate within one well-organized footprint.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • BBQ Catering for Ventura County by Matheney BBQ — 394 maryville ave, ventura, ca 93003
    • L&T Catering — 1237 s victoria ave, oxnard, ca 93035

    Location Insight

    • Map
    • Local Demand
    City
    Ventura
    County
    Santa Clara
    State
    California
    Longitude
    -119.223
    Latitude
    34.2816

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    FAQs

    What type of property is this?
    Flex space - Move-in-ready flex suite with private offices and a showroom accessible via its own garage entrance.
    Where is this flex space located?
    The property is located at 2472 Eastman Ave 33 Ventura, CA.
    What is the lease rate?
    The lease rate is $6,000 /Mo.
    What are key features of this property?
    This property features: For lease: fully remodeled commercial unit built in 1982; Approximately 3,270 SF with a flexible upper‑level area for workspace, storage, training, or other uses; Floor plan includes three private offices, a meeting room, and a break room
    (805) 390-4480
    We can help!
    Listing Contact
    Jonathan Claudio
    Real Estate License ID: 02191402
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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