Agoura Hills Commercial
For Sale
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5210 Lewis Rd #14, Agoura Hills, CA 91301
9291 sq ft commercial space in Agoura Hills.
Property Size9,291 SF
Price / SF$317.51
Days on Market163
Property Features for 5210 Lewis Rd #14
General Information
Standard status
Active
Size
9,291 SF
Class
B
Property subtype
Office
Zoning
CRS-FC-OA
Investment Type
Owner/User
Building Details
Year Built
1982
Year Renovated
2020
Units
9
Listing Agency:
Pinnacle Estate Properties, Inc.
(818) 402-9763
Listed By:
Douglas Loversky · License #01135833
Source:
Crexi
Added: Mar 13
Changed: Aug 8
Last Checked: Aug 8 at 3:18PM
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 Pinnacle Estate Properties, Inc.
Investment Insights
Based on property information with market context.
This commercial space, offering 9291 sq ft, is located in Agoura Hills, Los Angeles County. The property provides an opportunity to build equity with each mortgage payment and hedge against inflation with a fixed mortgage payment. It also allows for modifications to the space and control over business operations. Significant tax advantages may be available through mortgage interest and depreciation deductions. The Agoura Hills market is a high-demand area with strong growth potential, offering an excellent price per sq ft.
Key Highlights
- Seller Financing: Lock in a great payment.
- Flexible Commercial Space: 9291 sq ft in high‑demand Agoura Hills.
- Significant Tax Advantages: Benefit from mortgage interest and depreciation deductions.
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
$164,462
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
5.57%
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%
$3,289,240
$3.3M
Cap Rate 7%
$2,349,457
$2.3M
Cap Rate 9%
$1,827,356
$1.8M
Market Conditions
NOI Build-Up for 9,291 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
$245.3K $26.40/SF
− Vacancy
−$26.0K −$2.80/SF
EGI
$219.3K $23.60/SF
− OpEx
−$54.8K −$5.90/SF
NOI
$164.5K $17.70/SF
Area
Ventura County, CA
Vacancy
10.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$3,289,240
Cap Rate 7%
$2,349,457
Cap Rate 9%
$1,827,356
Alternative Uses
Best Use
Office B
$2.35M
$2.06M – $2.74M
NOI $164,462 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.19M
$2.79M – $3.72M
NOI $223,269 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,352
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91301, CA
24,790
Population
9,394
Households
2.6
Avg Household Size
45
Median Age
66%
College-Educated
97%
High-School Grad
33.1 sq mi
ZIP Area
749
Density / Sq Mi
$166,912
Median Household Income
$85,240
Median Earnings
$3,163
Median Rent
$1,096,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office space - 9291 sq ft commercial space in Agoura Hills.
Where is this office space located?
The property is located at 5210 Lewis Rd #14 Agoura Hills, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Seller Financing: Lock in a great payment.; Flexible Commercial Space: 9291 sq ft in high‑demand Agoura Hills.; Significant Tax Advantages: Benefit from mortgage interest and depreciation deductions.
