Corner Flex Space with Lead-Lined
For Sale
$775,000
4125 Market Street 6 & 7, Ventura, CA 93003
Industrial condominium with adaptable zoning, private shower-equipped bathroom, kitchenette, and electrical capacity for specialized commercial operations.
Property Size2,476 SF
Price / SF$313
Days on Market20
Property Features for 4125 Market Street 6 & 7
General Information
Standard status
Active
Size
2,476 SF
Building Details
Year Built
1985
Listing Agency:
Coldwell Banker Realty
Listed By:
Mark Chacon · License #01464109
(805) 794-8069
Source:
Myfabuloushome
Added: Aug 15
Changed: Sep 2
Last Checked: Sep 1 at 9:20PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 2,476-square-foot industrial condominium is configured as a corner flex space with features that extend beyond a conventional office layout. The property includes a 200-amp electrical panel, a lead-lined room, a private bathroom with shower, and a kitchenette. Built in 1985, the unit offers a combination of office functionality and specialized improvements within an M-P-D zoning designation.
The property is positioned near US Highway 101 and State Route 126, providing access to regional transportation routes in Ventura. Its zoning supports a range of professional commercial applications, while the existing improvements accommodate office, specialized-use, and suite-oriented configurations.
The property is positioned near US Highway 101 and State Route 126, providing access to regional transportation routes in Ventura. Its zoning supports a range of professional commercial applications, while the existing improvements accommodate office, specialized-use, and suite-oriented configurations.
Key Highlights
- 2,476‑square‑foot corner industrial condominium
- M‑P‑D zoning supports a range of commercial uses
- 200‑amp electrical panel
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,327
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$826,540
$826.5K
Cap Rate 7%
$590,386
$590.4K
Cap Rate 9%
$459,189
$459.2K
Market Conditions
NOI Build-Up for 2,476 SF
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.
Gross rent
$63.9K $25.80/SF
− Vacancy
−$4.8K −$1.96/SF
EGI
$59.0K $23.84/SF
− OpEx
−$17.7K −$7.15/SF
NOI
$41.3K $16.69/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$826,540
Cap Rate 7%
$590,386
Cap Rate 9%
$459,189
Alternative Uses
Best Use
Office B
$1.24M
$1.09M – $1.45M
NOI $87,103 @ 7.0% cap · market cap 11.24%
Second Best
Industrial
$590.4K
$516.6K – $688.8K
NOI $41,327 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,636 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial condominium with adaptable zoning, private shower-equipped bathroom, kitchenette, and electrical capacity for specialized commercial operations.
Where is this flex space located?
The property is located at 4125 Market Street 6 & 7 Ventura, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2,476‑square‑foot corner industrial condominium; M‑P‑D zoning supports a range of commercial uses; 200‑amp electrical panel
