6-Unit Flex Space with Fenced
For Sale
Contact for pricing
4226 Valley Fair St, Simi Valley, CA 93063
Multi-tenant flex space with GI zoning and a fenced yard in Simi Valley.
Property Size23,470 SF
Price / SF$288
Days on Market122
Property Features for 4226 Valley Fair St
General Information
Standard status
Active
Size
23,470 SF
Property subtype
INDUSTRIAL
Zoning
GI
Additional Details
Fenced Yard
Yes
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial NRT
(818) 995-2424
Listed By:
Terry Adams
Source:
Moodyscre
Added: May 19
Changed: Sep 13
Last Checked: Sep 16 at 6:27PM
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 Commercial NRT
Investment Insights
Based on property information with market context.
This is a six-unit, multi-tenant flex space offering a fenced yard and GI zoning. The property totals 23,470 square feet and includes the potential for full HVAC.
Located at 4226 Valley Fair St in Simi Valley, CA 93063, the configuration is suitable for tenants seeking flexible space within a multi-bay, multi-tenant arrangement.
For users evaluating space layout and site features, the combination of a fenced yard and the option for HVAC supports a range of operational needs while keeping the property positioned for multiple occupants under one ownership structure.
Located at 4226 Valley Fair St in Simi Valley, CA 93063, the configuration is suitable for tenants seeking flexible space within a multi-bay, multi-tenant arrangement.
For users evaluating space layout and site features, the combination of a fenced yard and the option for HVAC supports a range of operational needs while keeping the property positioned for multiple occupants under one ownership structure.
Key Highlights
- Six‑unit multi‑tenant flex space
- 23,470 square feet total
- GI zoning
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
$311,578
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
4.61%
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%
$6,231,560
$6.2M
Cap Rate 7%
$4,451,114
$4.5M
Cap Rate 9%
$3,461,978
$3.5M
Market Conditions
NOI Build-Up for 23,470 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
$521.0K $22.20/SF
− Vacancy
−$41.7K −$1.78/SF
EGI
$479.4K $20.42/SF
− OpEx
−$167.8K −$7.15/SF
NOI
$311.6K $13.28/SF
Area
Simi Valley, CA
Vacancy
8.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
35.00%
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%
$6,231,560
Cap Rate 7%
$4,451,114
Cap Rate 9%
$3,461,978
Alternative Uses
Best Use
Flex RnD
$4.45M
$3.89M – $5.19M
NOI $311,578 @ 7.0% cap · market cap 4.61%
Second Best
Warehouse
$3.35M
$2.93M – $3.91M
NOI $234,726 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$7.63M
$6.68M – $8.90M
NOI $534,260 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,354
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93063, CA
55,076
Population
20,220
Households
2.7
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
36.2 sq mi
ZIP Area
1,521
Density / Sq Mi
$124,030
Median Household Income
$56,868
Median Earnings
$2,385
Median Rent
$746,000
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant flex space with GI zoning and a fenced yard in Simi Valley.
Where is this flex space located?
The property is located at 4226 Valley Fair St Simi Valley, CA.
What is the asking price?
The asking price for this property is $6,759,360.
What are key features of this property?
This property features: Six‑unit multi‑tenant flex space; 23,470 square feet total; GI zoning
