Retail Storefront
For Sale
$1,995,000
600 Meta Street, Oxnard, CA 93030
Retail storefront property for sale in Ventura County, CA, with address at 600 Meta Street.
Property Size4,500 SF
Days on Market67
Property Features for 600 Meta Street
General Information
Standard status
Active
Size
4,500 SF
Total Parking Spaces
8
Zoning
M-1
Amenities
Chain Link, Wrought Iron
Building Details
Building Size
4,500 SF
Year Built
1922
Listing Agency:
Century 21 Everest
Listed By:
Ken Wallis · License #01700449
(805) 218-3402
Source:
Evrealestate
Added: Jul 3
Changed: Sep 5
Last Checked: Sep 6 at 4:11AM
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 Century 21 Everest
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale and includes an established address at 600 Meta Street.
Directions provided for locating the property are Oxnard Blvd to 3rd St to Meta. The property is located in Ventura County, California.
For additional details on the building features, layout, or tenant configuration, please refer to the seller’s materials or contact the listing team.
Directions provided for locating the property are Oxnard Blvd to 3rd St to Meta. The property is located in Ventura County, California.
For additional details on the building features, layout, or tenant configuration, please refer to the seller’s materials or contact the listing team.
Key Highlights
- Retail storefront property for sale in Ventura County, CA
- Address: 600 Meta Street
- Year built: 1922
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
$57,692
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
2.89%
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%
$1,153,840
$1.2M
Cap Rate 7%
$824,171
$824.2K
Cap Rate 9%
$641,022
$641.0K
Market Conditions
NOI Build-Up for 4,500 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
$89.1K $19.80/SF
− Vacancy
−$6.7K −$1.49/SF
EGI
$82.4K $18.32/SF
− OpEx
−$24.7K −$5.49/SF
NOI
$57.7K $12.82/SF
Area
Oxnard, CA
Vacancy
7.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
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%
$1,153,840
Cap Rate 7%
$824,171
Cap Rate 9%
$641,022
Alternative Uses
Best Use
Retail
$824.2K
$721.2K – $961.5K
NOI $57,692 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.29M – $1.71M
NOI $102,805 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,942
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93030, CA
59,011
Population
15,966
Households
3.7
Avg Household Size
33
Median Age
19%
College-Educated
70%
High-School Grad
14.1 sq mi
ZIP Area
4,185
Density / Sq Mi
$90,067
Median Household Income
$36,217
Median Earnings
$1,853
Median Rent
$639,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront property for sale in Ventura County, CA, with address at 600 Meta Street.
Where is this storefront property located?
The property is located at 600 Meta Street Oxnard, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Retail storefront property for sale in Ventura County, CA; Address: 600 Meta Street; Year built: 1922
