Remodeled Industrial Condo
2747 SHERWIN AVE Ventura, CA
2747 SHERWIN AVE, Ventura, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Mid-line industrial condo with remodeled open plan, polished concrete, and a motorized 10'x12' roll-up door.
Property Size940 SF
Price / SF$382.98
Days on Market65
Property Features for 2747 SHERWIN AVE
General Information
- Standard status
- Active
- Size
- 940 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing agency
The Becker Group Inc
(805) 653-6794
Listed by
Jeffrey Becker · License #CA 01213236
Source
Crexi
Added: May 19 Updated: Jul 21 at 4:54PM Checked: Jul 21 at 4:54PM
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 The Becker Group Inc
Investment Insights
Based on property information with market context.
This mid-line industrial condo unit has been completely remodeled and is set up with an open plan interior, polished concrete floors, a restroom, and LED lighting. The unit includes one private office, a motorized roll-up door, and does not include HVAC. Sprinklers are not installed.
The property is located in Ventura’s industrial corridor with excellent access to the 101 Fwy.
Zoned M1, the unit is configured for industrial use and features a 10'x12' roll-up door to support practical loading and receiving needs.
The property is located in Ventura’s industrial corridor with excellent access to the 101 Fwy.
Zoned M1, the unit is configured for industrial use and features a 10'x12' roll-up door to support practical loading and receiving needs.
Key Highlights
- Mid‑line industrial condo unit remodeled with open plan layout and polished concrete flooring
- Motorized 10' x 12' roll‑up door for industrial access
- Includes 1 private office and 1 restroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.7k | $56.04 |
| − Vacancy | −$8.6k | −$9.13 |
| EGI | $44.1k | $46.91 |
| − OpEx | −$11.0k | −$11.73 |
| NOI | $33.1k | $35.18 |
940 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$472.4K
$413.4K – $551.1K
NOI $33,068 @ 7.0% cap · market cap 9.19%
Second Best
Warehouse
$272.2K
$238.2K – $317.5K
NOI $19,052 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$567.5K
$496.6K – $662.1K
NOI $39,724 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Butterscotch — 60 Middlefield Rd, Menlo Park, CA 94025
- Bite Catering Couture — 584 Channing Ave, Palo Alto, CA 94301
- Jessica's Catering — Palo Alto, CA 94301
- Panache Catering-Sales — Palo Alto, CA 94301
- Feast and Floral — 369 Lytton Ave, Palo Alto, CA 94301
FAQs
What type of property is this?
Flex space - Mid-line industrial condo with remodeled open plan, polished concrete, and a motorized 10'x12' roll-up door.
Where is this flex space located?
The property is located at 2747 SHERWIN AVE Ventura, CA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Mid‑line industrial condo unit remodeled with open plan layout and polished concrete flooring; Motorized 10' x 12' roll‑up door for industrial access; Includes 1 private office and 1 restroom
