Renovated Industrial
530 Constitution Ave., Camarillo, CA 93012
For Sale
New
$5,168,988
M-1 zoning, freeway access, and updated office and building systems support industrial use.
Property Size22,572 SF
Price / SF$229
Days on Market2
Property Features for 530 Constitution Ave.
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Year Built
Stories
Properties For Sale
at 530 Constitution Ave.
Available Space
Size
22,572 SF
Industrial For Sale Single-Tenant NNN Lease Investment Complete Building Renovation, Including New Roof & HVAC in 2024 Office Remodel with High-End Finishes Longer-Term Occupancy w/ Well Established Commercial Cabinetry; Millwork Company Great Location w/ Excellent 10 Freeway Access
Contact us
Listing Agency:
Daum Commercial
Listed By:
Mitchell Conlee · License CA #00912213
(805) 384-8815
Source:
Daumcommercial
Added: Nov 12
Last Checked: Nov 12 at 2:29PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 22,572-square-foot industrial facility was built in 1981 and has undergone a full building renovation. The office area has been remodeled with upgraded finishes, and the property has new restrooms, HVAC, and LED lighting.
The property is zoned M-1 and offers freeway access.
The property is zoned M-1 and offers freeway access.
Key Highlights
- 22,572‑square‑foot industrial facility
- M‑1 zoning
- Full building renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,074
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,601,480
$4.6M
Cap Rate 7%
$3,286,771
$3.3M
Cap Rate 9%
$2,556,378
$2.6M
Market Conditions
NOI Build-Up for 22,572 SF
Gross rent
$346.7K $15.36/SF
− Vacancy
−$18.0K −$0.80/SF
EGI
$328.7K $14.56/SF
− OpEx
−$98.6K −$4.37/SF
NOI
$230.1K $10.19/SF
Area
Ventura County, CA
Vacancy
5.20%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,601,480
Cap Rate 7%
$3,286,771
Cap Rate 9%
$2,556,378
Alternative Uses
Best Use
Industrial
$3.29M
$2.88M – $3.83M
NOI $230,074 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.75M
$6.78M – $9.04M
NOI $542,421 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 93012, CA
37,550
Population
14,399
Households
2.6
Avg Household Size
44
Median Age
49%
College-Educated
95%
High-School Grad
50.1 sq mi
ZIP Area
750
Density / Sq Mi
$122,110
Median Household Income
$63,221
Median Earnings
$2,790
Median Rent
$794,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Industrial properties in Camarillo
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - M-1 zoning, freeway access, and updated office and building systems support industrial use.
Where is this industrial property located?
The property is located at 530 Constitution Ave. Camarillo, CA.
What is the asking price?
The asking price for this property is $5,168,988.
What are key features of this property?
This property features: 22,572‑square‑foot industrial facility; M‑1 zoning; Full building renovation
