Skylit Flex
For Sale
$1,000,000
6085 King Drive 108, Ventura, CA 93003
A private office, loading door, and existing work surfaces support a range of workspace needs.
Property Size2,989 SF
Price / SF$334.56
Days on Market8
Property Features for 6085 King Drive 108
General Information
Standard status
Active
Size
2,989 SF
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
2,989 SF
Office Build-Out
121 SF
Drive-In Doors
1
Additional Details
Highway Access
Yes
Amenities
skylights
roll-up door
formal entrance with glass doors
private office
half bath
work benches
built in shelving
Listing Agency:
LIV Sotheby's International Realty
(805) 641-0125
Listed By:
Amy Hall · License #01957427
(805) 444-7874
Source:
Realtyrightchoice
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 12 at 8:05PM
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 LIV Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 2,989 SF flex space features an open warehouse area illuminated by multiple skylights, a roll-up door, and a formal glass-door entrance. A private 11 x 11 office, half bath, built-in shelving, and work benches add functional workspace elements. Ample parking is also available.
The property is in Ventura, just off Olivas Park Drive and approximately five minutes from Highway 101.
The property is in Ventura, just off Olivas Park Drive and approximately five minutes from Highway 101.
Key Highlights
- 2989 SF of warehouse space
- Multiple skylights bring natural light into the interior
- Private 11 x 11 office and half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,995
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,900
$739.9K
Cap Rate 7%
$528,500
$528.5K
Cap Rate 9%
$411,056
$411.1K
Market Conditions
NOI Build-Up for 2,989 SF
Gross rent
$45.9K $15.36/SF
− Vacancy
−$2.4K −$0.80/SF
EGI
$43.5K $14.56/SF
− OpEx
−$6.5K −$2.18/SF
NOI
$37.0K $12.38/SF
Area
Ventura County, CA
Vacancy
5.20%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,900
Cap Rate 7%
$528,500
Cap Rate 9%
$411,056
Alternative Uses
Best Use
Warehouse
$528.5K
$462.4K – $616.6K
NOI $36,995 @ 7.0% cap · market cap 3.70%
Second Best
Industrial
$435.2K
$380.8K – $507.8K
NOI $30,467 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$1.03M
$897.9K – $1.20M
NOI $71,828 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - A private office, loading door, and existing work surfaces support a range of workspace needs.
Where is this flex space located?
The property is located at 6085 King Drive 108 Ventura, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 2989 SF of warehouse space; Multiple skylights bring natural light into the interior; Private 11 x 11 office and half bath
