Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    243 N 10th St Santa Paula, CA 93060

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Fully furnished medical office space available for rent now.

    Type:Office
    Added:
    Jul 13, 2023
    Days on Market:
    1009
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 243 N 10th St

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 243 N 10th St Contact us

    $2.00 /Mo

    Size
    1,200 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Joe Corazza

    Listing agent Joe Corazza License #CA 01936228

    Listing office Miramar Group

    Listing date Jul 13, 2023

    Source Crexi

    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 Miramar Group

    Overview

    Furnished Medical Office Available

    A fully furnished medical office space is currently available for rent. The property is located at 243 N 10th St, Santa Paula, CA 93060.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Alexander B ... Pediatrician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Four Paws Veterinary Clinic — 1107 Harvard Blvd, Santa Paula, CA 93060
    • Michael Kelly DVM — 1107 Harvard Blvd, Santa Paula, CA 93060
    • Halford John a DVM — Santa Paula, CA 93060
    • Mckenzie Rasmussen, DVM — Santa Paula, CA 93060

    Location Insight

    • Map
    • Local Demand
    City
    Santa Paula
    County
    Ventura
    State
    California
    Longitude
    -119.0611435
    Latitude
    34.357301

    Nearby Similar for Lease

    • $140,000/mo

      Retail Pad in Santa Paula

      Retail pad available in a busy Santa Paula shopping center.
      327 S Palm Ave, Santa Paula, CA 91381
      View Details
    • $1.20/mo

      New Industrial Space For Lease

      New construction industrial space with immediate highway access available for lease.
      600 Todd Lane, Santa Paula, CA, 93060
      View Details
    • $0.90/mo

      Industrial Space in Santa Paula

      2000 SF industrial space for rent in Santa Paula.
      957 Faulkner Road, Santa Paula, CA, 93060
      View Details
    • $25,000/mo

      Santa Paula Farm Ground For Lease

      Farm ground available for lease in Santa Paula, California.
      000 Faulkner Road, Santa Paula, CA 93060
      View Details
    • $1.10/mo

      Santa Paula Warehouse/Distribution Space

      Freestanding building suitable for manufacturing, warehousing, or distribution.
      1780 E Lemonwood Dr, Santa Paula, CA
      View Details
    • Contact for pricing

      Retail & Restaurant Spaces Available

      Retail and restaurant spaces for lease in Santa Paula.
      NWQ Highway 126 and Hallock Drive, Santa Paula, CA,
      View Details
    • Contact for pricing

      Land for Retail Development

      Land available for hotel, restaurant, and retail development.
      SEC Highway 126 & Hallock Drive, Santa Paula, CA, 93060
      View Details
    • Contact for pricing

      Santa Paula Freestanding Warehouse

      Freestanding warehouse in Santa Paula with dock and ground doors.
      1755 Lemonwood Dr, Santa Paula, CA
      View Details
    • Contact for pricing

      Restored Historical Building Office Space

      Office space in a beautifully restored historical building for rent.
      216 N 8th St, Santa Paula, CA 93060
      View Details
    • $1.75/mo

      Santa Paula Office Space Available

      Second floor office space available for rent in Santa Paula.
      725 E Main St, Santa Paula, CA
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Fully furnished medical office space available for rent now.
    Where is this medical office space located?
    The property is located at 243 N 10th St Santa Paula, CA.
    What are key features of this property?
    This property features: Fully furnished, ready for immediate use; Medical office space available; Available now for occupancy
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joe Corazza
    Real Estate License ID: CA 01936228
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!