Camarillo Office Building For
815c Camarillo Springs Rd Camarillo, CA 93012
815c Camarillo Springs Rd, Camarillo, CA, 93012
Contact for pricing
For Sale
Contact for pricing
Pending
Office building in a professional business park, ready for occupancy.
Property Size6,560 SF
Days on Market748
Property Features for 815c Camarillo Springs Rd
General Information
- Standard status
- Pending
- Size
- 6,560 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing Agency
Marcus & Millichap Ventura
Listed by
Gary Cohen · License #00988655
Source
Crexi
Added: Jul 1, 2024 Checked: Jul 17 at 4:01 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 Marcus & Millichap Ventura
Investment Insights
Based on property information with market context.
This 6,560 square foot office building is available for immediate occupancy and offers an owner-user opportunity below replacement cost. Situated in a quiet and serene professional business park, the property benefits from the Property Owner’s Association (POA) which maintains landscaping, the parking lot, roof, and HVAC systems. The POA fee is approximately $1,650 per month, which equates to $0.25 per square foot. The building features visibility from the 101 Freeway. The interior layout includes two private offices, a large conference room, a breakroom, two restrooms, a server room, and a large open floor plan with windows on three sides. The space is divisible into two units.
Key Highlights
- Below Replacement Cost
- Available for Immediate Occupancy
- Divisible into 2 Units
Local Financial Insights For Office B
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 | $173.2k | $26.40 |
| − Vacancy | −$18.4k | −$2.80 |
| EGI | $154.8k | $23.60 |
| − OpEx | −$38.7k | −$5.90 |
| NOI | $116.1k | $17.70 |
6,560 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.66M
$1.45M – $1.94M
NOI $116,120 @ 7.0% cap · market cap 8.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,642 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Georgia Driver
Training Center
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FAQs
What type of property is this?
Office building - Office building in a professional business park, ready for occupancy.
Where is this office building located?
The property is located at 815c Camarillo Springs Rd Camarillo, CA.
What is the asking price?
The asking price for this property is $1,344,500.
What are key features of this property?
This property features: Below Replacement Cost; Available for Immediate Occupancy; Divisible into 2 Units
