Oxnard Flex Space with
720 Pacific Avenue Oxnard, CA 93030
720 Pacific Avenue, Oxnard, CA, 93030
$3,250,000
For Sale
$3,250,000
Flex space with offices, secured yard, and M2 zoning.
Property Size18,857 SF
Price / SF$172.35
Days on Market119
Property Features for 720 Pacific Avenue
General Information
- Standard status
- Active
- Size
- 18,857 SF
- Property subtype
- Industrial
Listing Agency
(805) 288-4700
Listed by
JIM MEANEY · License #01360121
(805) 288-4700
Source
Cbre
Added: Mar 25 Updated: Jul 10 at 3:51 pm Checked: Jul 20 at 2:04 am
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 JIM MEANEY
Investment Insights
Based on property information with market context.
This commercial property features 1,300 square feet of office space, comprising 5 offices, and includes 3 restrooms. The building has a 15-foot clear height and 5 ground-level doors, including one 12x12 door, three 12x14 doors, and one 8x9 door. The property includes 23 parking spaces and is zoned M2. The construction type is metal and tilt-up. The offices have been recently remodeled. The property also features a large fenced and secured yard. An additional 1,306 square foot lot (APN 201-0-260-325) is included. The property is located in central Oxnard, in Ventura County, situated between Los Angeles and Santa Barbara, with access to the Ventura Freeway (U. S. 101).
Key Highlights
- Rare M2 zoning offers versatile usage options.
- Large fenced secured yard provides security and storage.
- Includes additional 1,306 sq. ft. lot (APN 201‑0‑260‑325) expands potential.
Local Financial Insights For Flex RnD
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 | $350.7k | $18.60 |
| − Vacancy | −$19.3k | −$1.02 |
| EGI | $331.4k | $17.58 |
| − OpEx | −$116.0k | −$6.15 |
| NOI | $215.4k | $11.43 |
18,857 SF · lease $18.60/SF/yr · vacancy 5.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$4.67M
$4.09M – $5.45M
NOI $327,037 @ 7.0% cap · market cap 10.06%
Second Best
Flex RnD
$3.08M
$2.69M – $3.59M
NOI $215,442 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$6.15M
$5.38M – $7.18M
NOI $430,799 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fábricas
Industrial Manufacturer
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FAQs
What type of property is this?
Flex space - Flex space with offices, secured yard, and M2 zoning.
Where is this flex space located?
The property is located at 720 Pacific Avenue Oxnard, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Rare M2 zoning offers versatile usage options.; Large fenced secured yard provides security and storage.; Includes additional 1,306 sq. ft. lot (APN 201‑0‑260‑325) expands potential.
