Flex Space with Roll-Up
New
For Sale
$699,000
4475 Dupont Court 11, Ventura, CA 93003
Industrial condominium combines office and warehouse functionality with on-site parking.
Property Size2,024 SF
Price / SF$345.36
Days on Market2
Property Features for 4475 Dupont Court 11
General Information
Standard status
Active
Size
2,024 SF
Additional Details
Highway Access
Yes
Listing Agency:
RE/MAX Gold Coast REALTORS
(805) 339-3500
Listed By:
Erik Moen · License #01747884
(805) 453-5566
Source:
Kaleorealestate
Added: Sep 18
Last Checked: Sep 19 at 8:16AM
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 RE/MAX Gold Coast REALTORS
Investment Insights
Based on property information with market context.
This industrial condominium at 4475 Dupont Court, Unit 11, provides approximately 2,024 square feet of combined office and warehouse space. The warehouse area includes a 10' x 12' roll-up door, ceilings over 15 feet high, and second-story storage. One restroom serves the unit, with parking available directly in front of and behind the complex.
The property is in Ventura and offers access to both the 101 and 126 freeways. Additional street parking is available on Goodyear Avenue, adding practical parking capacity for occupants and visitors.
The property is in Ventura and offers access to both the 101 and 126 freeways. Additional street parking is available on Goodyear Avenue, adding practical parking capacity for occupants and visitors.
Key Highlights
- Approximately 2,024 square feet of office and warehouse space
- 10' x 12' roll‑up door with ceilings over 15 feet high
- Second‑story storage area within the warehouse
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
$41,022
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
5.87%
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%
$820,440
$820.4K
Cap Rate 7%
$586,029
$586.0K
Cap Rate 9%
$455,800
$455.8K
Market Conditions
NOI Build-Up for 2,024 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
$52.2K $25.80/SF
− Vacancy
−$4.0K −$1.96/SF
EGI
$48.3K $23.84/SF
− OpEx
−$7.2K −$3.58/SF
NOI
$41.0K $20.27/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
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%
$820,440
Cap Rate 7%
$586,029
Cap Rate 9%
$455,800
Alternative Uses
Best Use
Warehouse
$586.0K
$512.8K – $683.7K
NOI $41,022 @ 7.0% cap · market cap 5.87%
Second Best
Industrial
$482.6K
$422.3K – $563.1K
NOI $33,783 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,534 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
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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Frequently Asked Questions
What type of property is this?
Flex space - Industrial condominium combines office and warehouse functionality with on-site parking.
Where is this flex space located?
The property is located at 4475 Dupont Court 11 Ventura, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Approximately 2,024 square feet of office and warehouse space; 10' x 12' roll‑up door with ceilings over 15 feet high; Second‑story storage area within the warehouse
