Renovated Flex Unit in
For Sale
Contact for pricing
4848 Colt Street, Ventura, CA 93003
Move-in ready industrial/flex unit with recent upgrades and accessibility.
Property Size1,077 SF
Price / SF$519.96
Days on Market185
Property Features for 4848 Colt Street
General Information
Standard status
Active
Size
1,077 SF
Class
B
Total Parking Spaces
27
Property subtype
Industrial
Zoning
MPD
Investment Type
Owner/User
Building Details
Year Built
1986
Year Renovated
2024
Stories
1
Tenancy
Multi
Listing Agency:
DAUM Commercial Real Estate Services Ventura County
(805) 384-8897
Listed By:
Greg Palazzo · License #CA 01196703
Source:
Crexi
Added: Feb 5
Changed: Aug 8
Last Checked: Aug 8 at 2:46PM
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 DAUM Commercial Real Estate Services Ventura County
Investment Insights
Based on property information with market context.
Located in the Windward Business Center, this recently renovated industrial/flex unit offers a clean, move-in-ready environment suitable for various owner-users or businesses seeking efficient operational space. The property features a ground-level 9' x 12' roll-up door for easy loading and equipment access. Full sprinkler coverage and existing HVAC enhance safety and comfort. Recent upgrades include new electrical wiring, switches, and plumbing, along with fresh interior paint. The property's location near U.S. 101 and Hwy 126 provides regional accessibility for employees, customers, and logistics. The property size is 1077 square feet.
Key Highlights
- Move‑in‑ready, recently renovated industrial/flex unit.
- Excellent regional accessibility via U.S. 101 and Hwy 126.
- Ground‑level 9' x 12' roll‑up door for easy loading and access.
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
$21,828
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
3.90%
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%
$436,560
$436.6K
Cap Rate 7%
$311,829
$311.8K
Cap Rate 9%
$242,533
$242.5K
Market Conditions
NOI Build-Up for 1,077 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
$27.8K $25.80/SF
− Vacancy
−$2.1K −$1.96/SF
EGI
$25.7K $23.84/SF
− OpEx
−$3.9K −$3.58/SF
NOI
$21.8K $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%
$436,560
Cap Rate 7%
$311,829
Cap Rate 9%
$242,533
Alternative Uses
Best Use
Warehouse
$311.8K
$272.9K – $363.8K
NOI $21,828 @ 7.0% cap · market cap 3.90%
Second Best
Industrial
$256.8K
$224.7K – $299.6K
NOI $17,976 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$650.2K
$568.9K – $758.6K
NOI $45,514 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,824
Businesses Nearby
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Move-in ready industrial/flex unit with recent upgrades and accessibility.
Where is this flex space located?
The property is located at 4848 Colt Street Ventura, CA.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Move‑in‑ready, recently renovated industrial/flex unit.; Excellent regional accessibility via U.S. 101 and Hwy 126.; Ground‑level 9' x 12' roll‑up door for easy loading and access.
