Flexible Use Industrial
For Sale
Contact for pricing
3235-3241 Grande Vista Dr, Newbury Park, CA 91320
Flexible-use facility with freshly painted exterior and easy access to Ventura County’s 101 Freeway.
Property Size8,076 SF
Price / SF$335
Days on Market274
Property Features for 3235-3241 Grande Vista Dr
General Information
Standard status
Active
Size
8,076 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
CBRE, Inc
(805) 288-4700
Listed By:
Bob Boyer
(805) 443-7279
Source:
Moodyscre
Added: Jan 30
Changed: Oct 26
Last Checked: Oct 30 at 3:15PM
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 CBRE, Inc
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Investment Insights
Based on property information with market context.
This flexible-use industrial facility is suited for R&D, life science, engineering, manufacturing, or warehouse needs, with a freshly painted exterior. The property’s configuration supports a range of light industrial and technical uses, with the option to tailor operations to tenant requirements.
The facility offers extremely easy access to the 101 Freeway and is positioned near numerous everyday amenities, supporting convenient daily logistics and employee access.
As listed for sale, it presents a straightforward option for organizations seeking a versatile industrial footprint with updated exterior presentation and strong freeway connectivity.
The facility offers extremely easy access to the 101 Freeway and is positioned near numerous everyday amenities, supporting convenient daily logistics and employee access.
As listed for sale, it presents a straightforward option for organizations seeking a versatile industrial footprint with updated exterior presentation and strong freeway connectivity.
Key Highlights
- Flexible‑use facility suited for R&D, life science, engineering, manufacturing, or warehouse uses
- Freshly painted exterior
- Extremely easy access to Ventura County’s 101 Freeway (Venture (101) Fwy access)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,235
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,284,700
$2.3M
Cap Rate 7%
$1,631,929
$1.6M
Cap Rate 9%
$1,269,278
$1.3M
Market Conditions
NOI Build-Up for 8,076 SF
Gross rent
$143.4K $17.76/SF
− Vacancy
−$9.0K −$1.12/SF
EGI
$134.4K $16.64/SF
− OpEx
−$20.2K −$2.50/SF
NOI
$114.2K $14.14/SF
Area
Thousand Oaks, CA
Vacancy
6.30%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,284,700
Cap Rate 7%
$1,631,929
Cap Rate 9%
$1,269,278
Alternative Uses
Best Use
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,235 @ 7.0% cap · market cap 4.22%
Second Best
Flex RnD
$1.46M
$1.28M – $1.71M
NOI $102,521 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M
NOI $221,513 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
905
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91320, CA
44,462
Population
15,509
Households
2.9
Avg Household Size
43
Median Age
53%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,201
Density / Sq Mi
$150,861
Median Household Income
$62,932
Median Earnings
$2,617
Median Rent
$917,700
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
Frequently Asked Questions
What type of property is this?
Flex space - Flexible-use facility with freshly painted exterior and easy access to Ventura County’s 101 Freeway.
Where is this flex space located?
The property is located at 3235-3241 Grande Vista Dr Newbury Park, CA.
What is the asking price?
The asking price for this property is $2,705,460.
What are key features of this property?
This property features: Flexible‑use facility suited for R&D, life science, engineering, manufacturing, or warehouse uses; Freshly painted exterior; Extremely easy access to Ventura County’s 101 Freeway (Venture (101) Fwy access)
