Industrial Warehouse Condo with Loading
For Sale
Contact for pricing
2889 Bunsen Ave, Ventura, CA 93003
Industrial condo with a grade level loading door, ample electrical service, and minimum clearance for efficient operations near the 101 Fwy.
Property Size1,741 SF
Price / SF$400
Days on Market111
Property Features for 2889 Bunsen Ave
General Information
Standard status
Active
Size
1,741 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
1
Power
200 amps
Additional Details
Highway Access
Yes
Listing Agency:
Lee & Associates
(818) 223-4388
Listed By:
Brett Saunders · License ##01991011
(818) 581-7061
Source:
Moodyscre
Added: Jun 26
Changed: Oct 7
Last Checked: Oct 12 at 6:24PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
Ventura Commerce Center industrial condo offers warehouse space with 200 Amps power service and one grade level loading door. The building provides a 14' minimum clearance height to support a wide range of light industrial and logistics needs.
The property is located at 2889 Bunsen Ave in Ventura, CA, with convenient access noted to the 101 Fwy.
Ideal for tenants seeking a compact, condo-style warehouse setup, this unit combines practical loading functionality, electrical capacity, and clear height within the Ventura Commerce Center industrial complex.
The property is located at 2889 Bunsen Ave in Ventura, CA, with convenient access noted to the 101 Fwy.
Ideal for tenants seeking a compact, condo-style warehouse setup, this unit combines practical loading functionality, electrical capacity, and clear height within the Ventura Commerce Center industrial complex.
Key Highlights
- Industrial condo at Ventura Commerce Center
- 200 Amps power service
- One grade level loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,549
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,980
$431.0K
Cap Rate 7%
$307,843
$307.8K
Cap Rate 9%
$239,433
$239.4K
Market Conditions
NOI Build-Up for 1,741 SF
Gross rent
$26.7K $15.36/SF
− Vacancy
−$1.4K −$0.80/SF
EGI
$25.4K $14.56/SF
− OpEx
−$3.8K −$2.18/SF
NOI
$21.5K $12.38/SF
Area
Ventura County, CA
Vacancy
5.20%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,980
Cap Rate 7%
$307,843
Cap Rate 9%
$239,433
Alternative Uses
Best Use
Warehouse
$307.8K
$269.4K – $359.2K
NOI $21,549 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$597.7K
$523.0K – $697.3K
NOI $41,837 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93003, CA
50,558
Population
20,734
Households
2.4
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
20.8 sq mi
ZIP Area
2,431
Density / Sq Mi
$100,300
Median Household Income
$50,185
Median Earnings
$2,173
Median Rent
$781,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Alex Moving & Storage — Ventura, CA 93001
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial condo with a grade level loading door, ample electrical service, and minimum clearance for efficient operations near the 101 Fwy.
Where is this warehouse located?
The property is located at 2889 Bunsen Ave Ventura, CA.
What is the asking price?
The asking price for this property is $696,400.
What are key features of this property?
This property features: Industrial condo at Ventura Commerce Center; 200 Amps power service; One grade level loading door
