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    Warehouse Flex Unit with Roll-Up Door Title is generated by Realmo AI

    2889 Bunsen Ave T, Ventura, CA 93003

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    For Lease
    $2,350/Mo $19 SF/Yr (calc)

    Versatile warehouse-and-office space with very high ceilings and a 14-foot roll-up door for loading and daily operations.

    Type:Industrial
    Property size:
    1,444 SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 2:01 am

    Property Features for 2889 Bunsen Ave T

    General Information

    Standard status
    Active
    Size
    1,444 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Cynthia Valdez

    Listing agent Cynthia Valdez License #02009641

    Listing office Comfort Real Estate Services

    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 Comfort Real Estate Services

    HighLights

    • 1,444 SF industrial unit with a warehouse‑and‑office layout for light industrial, storage, distribution, or service use
    • Very high ceilings in the warehouse area offer flexibility for racking, equipment, or buildout
    • 14‑foot roll‑up door provides convenient loading and unloading for vehicles and deliveries
    • BikeScore 84 (very bikeable), WalkScore 64 (somewhat walkable), and transitScore 31 (some transit)

    Overview

    This warehouse flex unit includes both warehouse and office space, offering a practical layout for light industrial, storage, distribution, or service-based users. The warehouse area is open and adaptable, with very high ceilings that can accommodate a range of racking, equipment, or customized buildout. A 14-foot roll-up door provides convenient access for loading and unloading, supporting operations that require vehicle or delivery entry.

    Located in Ventura’s commercial corridor, the unit is positioned for businesses that want straightforward access for day-to-day logistics. TransitScore, walkScore, and bikeScore indicate the area is very bikeable with some walkability, while transit access is more limited.

    For tenants seeking flexible space that can function as both a workspace and a practical storage or distribution area, this configuration is well-suited. The combination of office space and an open warehouse with high clearance can support a variety of light industrial and service operations that benefit from easy vehicle access through the roll-up door.
    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 - Versatile warehouse-and-office space with very high ceilings and a 14-foot roll-up door for loading and daily operations.
    Where is this flex space located?
    The property is located at 2889 Bunsen Ave T Ventura, CA.
    What is the lease rate?
    The lease rate is $2,350 /Mo.
    What are key features of this property?
    This property features: 1,444 SF industrial unit with a warehouse‑and‑office layout for light industrial, storage, distribution, or service use; Very high ceilings in the warehouse area offer flexibility for racking, equipment, or buildout; 14‑foot roll‑up door provides convenient loading and unloading for vehicles and deliveries
    (805) 890-5628
    We can help!
    Listing Contact
    Cynthia Valdez
    Real Estate License ID: 02009641
    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.

    More about this property
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    2889 Bunsen Ave T, Ventura, CA 93003
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