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Small Industrial Building
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3603 Old Conejo Road, Thousand Oaks, CA 91320

Compact industrial space along Old Conejo Road in Thousand Oaks.

Property Size10,993 SF
Price / SF$343.40
Days on Market50

Property Features for 3603 Old Conejo Road

General Information

Standard status Active
Size 10,993 SF
Property subtype Industrial

Building Details

Buildings 1
Building Size 10,993 SF
Listing Agency: CBRE - Woodland Hills
Listed By: Chris Swatosh · License #01803294
Source: Crexi
Added: Sep 8 Changed: Oct 25 Last Checked: Oct 26 at 4:14PM

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 - Woodland Hills

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Investment Insights

Based on property information with market context.

This industrial building contains 10,993 square feet and is located at 3603 Old Conejo Road in Thousand Oaks, California. The property is offered for sale and provides a defined industrial real estate opportunity at an established road address.

Key Highlights

  • 10,993‑square‑foot industrial building
  • Located at 3603 Old Conejo Road
  • Thousand Oaks, CA 91320

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$128,055
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,561,100 $2.6M
Cap Rate 7%
$1,829,357 $1.8M
Cap Rate 9%
$1,422,833 $1.4M
Market Conditions
NOI Build-Up for 10,993 SF
Gross rent
$195.2K $17.76/SF
− Vacancy
−$12.3K −$1.12/SF
EGI
$182.9K $16.64/SF
− OpEx
−$54.9K −$4.99/SF
NOI
$128.1K $11.65/SF
Area
Thousand Oaks, CA
Vacancy
6.30%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,561,100
Cap Rate 7%
$1,829,357
Cap Rate 9%
$1,422,833

Alternative Uses

Best Use
Industrial
$1.83M
$1.60M – $2.13M (±1% cap)
NOI $128,055 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.31M
$3.77M – $5.03M (±1% cap)
NOI $301,522 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conejo Ridge Cabinets General Contractor Shipping Bros Shipping Company 3PLzen Shipping Company

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Law Firm Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - Compact industrial space along Old Conejo Road in Thousand Oaks.
Where is this industrial property located?
The property is located at 3603 Old Conejo Road Thousand Oaks, CA.
What is the asking price?
The asking price for this property is $3,775,000.
What are key features of this property?
This property features: 10,993‑square‑foot industrial building; Located at 3603 Old Conejo Road; Thousand Oaks, CA 91320
(818) 517-8372 Call to check price and availability
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