Freestanding Warehouse with Two
700 E Port Hueneme Rd Port Hueneme, CA 93041
700 E Port Hueneme Rd, Port Hueneme, CA, 93041
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For Sale
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Freestanding corner-lot warehouse with 15’ clear height and two grade-level doors on M-1 zoned land.
Property Size18,808 SF
Price / SF$207.36
Days on Market109
Property Features for 700 E Port Hueneme Rd
General Information
- Standard status
- Active
- Size
- 18,808 SF
- Property subtype
- INDUSTRIAL
Listing agency
Kidder Mathews
(818) 206-7480
Listed by
Bentley McKean · License #02080641
(818) 206-7480
Source
Moodyscre
Added: Apr 6 Updated: Jul 21 at 7:18PM Checked: Jul 21 at 7:18PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This freestanding warehouse is currently vacant and ready for immediate occupancy. The building offers 15’ clear height and includes two grade-level doors, along with available power service described as 200 amps, 240 volts, 3-phase with 4 wires.
The property is situated on a corner lot and is noted for strong visibility. It is described as having flexible M-1 zoning, and the site is presented as a cannabis cultivation opportunity.
While details on interior finishes and additional improvements are not provided, the combination of clear height, grade-level access, and electrical service supports a range of light industrial and controlled-use considerations consistent with the stated zoning and use opportunity.
The property is situated on a corner lot and is noted for strong visibility. It is described as having flexible M-1 zoning, and the site is presented as a cannabis cultivation opportunity.
While details on interior finishes and additional improvements are not provided, the combination of clear height, grade-level access, and electrical service supports a range of light industrial and controlled-use considerations consistent with the stated zoning and use opportunity.
Key Highlights
- Freestanding warehouse on a corner lot with strong visibility
- M‑1 zoning with flexible use potential
- Currently vacant, allowing immediate occupancy
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $288.9k | $15.36 |
| − Vacancy | −$15.0k | −$0.80 |
| EGI | $273.9k | $14.56 |
| − OpEx | −$41.1k | −$2.18 |
| NOI | $232.8k | $12.38 |
18,808 SF · lease $15.36/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.33M
$2.91M – $3.88M
NOI $232,788 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.46M
$5.65M – $7.53M
NOI $451,970 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cannabis Properties
Similar For Sale Nearby
Similar Off Market Nearby
- A-1 Surfside Self Storage — 280 S Surfside Dr, Port Hueneme, CA 93041
- JM — 260 S Surfside Dr, Port Hueneme, CA 93041
- Surfside Drive Partners LLC — 260 S Surfside Dr, Port Hueneme, CA 93041
- Channel Islands Self Storage — 900 E Port Hueneme Rd, Port Hueneme, CA 93041
FAQs
What type of property is this?
Warehouse - Freestanding corner-lot warehouse with 15’ clear height and two grade-level doors on M-1 zoned land.
Where is this warehouse located?
The property is located at 700 E Port Hueneme Rd Port Hueneme, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Freestanding warehouse on a corner lot with strong visibility; M‑1 zoning with flexible use potential; Currently vacant, allowing immediate occupancy
