Gated Mixed-Use Property with
For Sale
$1,128,000
907 Mission Rock Road, Santa Paula, CA 93060
Combined residential and commercial improvements offer mountain views, secured grounds, and room for work, storage, or equipment.
Property Size3,600 SF
Price / SF$313.33
Days on Market169
Property Features for 907 Mission Rock Road
General Information
Standard status
Active
Size
3,600 SF
Property subtype
General Commercial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Warehouse Space
2,000 SF
Amenities
20 Parking Spaces.
Building Details
Year Built
2008
Listing Agency:
(805) 233-1571
Listed By:
Real Brokerage Technologies
Source:
Xome
Added: Mar 11
Changed: Aug 24
Last Checked: Aug 25 at 7:06AM
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 Real Brokerage Technologies
Investment Insights
Based on property information with market context.
Located at 907 Mission Rock Rd in Santa Paula, this 2008-built mixed-use property combines a residence with attached commercial space. The residential portion provides approximately 1,600+/- square feet with three bedrooms, 1.5 baths, a remodeled kitchen featuring a Viking range and Sub-Zero refrigerator, hardwood floors, and a great room opening to a mountain-facing balcony.
The attached shop, warehouse, and garage area measures approximately 2,000 square feet and includes a half bath. Fully gated grounds add an approximately 5,000 square foot cement pad for vehicles, trailers, equipment, or materials. A separate RV garage includes sewer, water, and electrical hookups. The property also has a bike score of 27 and a walk score of 4, reflecting a primarily vehicle-oriented setting.
The attached shop, warehouse, and garage area measures approximately 2,000 square feet and includes a half bath. Fully gated grounds add an approximately 5,000 square foot cement pad for vehicles, trailers, equipment, or materials. A separate RV garage includes sewer, water, and electrical hookups. The property also has a bike score of 27 and a walk score of 4, reflecting a primarily vehicle-oriented setting.
Key Highlights
- Approximately 1,600+/- SF residence with 3 bedrooms and 1.5 baths
- Approximately 2,000 SF attached commercial/shop/warehouse/garage area with 1/2 bath
- Approximately 5,000 SF cement pad for equipment, trailers, vehicles, or material storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,198
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$903,960
$904.0K
Cap Rate 7%
$645,686
$645.7K
Cap Rate 9%
$502,200
$502.2K
Market Conditions
NOI Build-Up for 3,600 SF
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.
Gross rent
$77.8K $21.60/SF
− Vacancy
−$5.4K −$1.51/SF
EGI
$72.3K $20.09/SF
− OpEx
−$27.1K −$7.53/SF
NOI
$45.2K $12.56/SF
Area
Ventura County, CA
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$903,960
Cap Rate 7%
$645,686
Cap Rate 9%
$502,200
Alternative Uses
Best Use
Mixed Use
$645.7K
$565.0K – $753.3K
NOI $45,198 @ 7.0% cap · market cap 4.01%
Second Best
Warehouse
$636.5K
$557.0K – $742.6K
NOI $44,558 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,511 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 93060, CA
33,859
Population
10,935
Households
3.1
Avg Household Size
35
Median Age
16%
College-Educated
67%
High-School Grad
92.4 sq mi
ZIP Area
366
Density / Sq Mi
$79,606
Median Household Income
$36,202
Median Earnings
$1,678
Median Rent
$582,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined residential and commercial improvements offer mountain views, secured grounds, and room for work, storage, or equipment.
Where is this mixed-use property located?
The property is located at 907 Mission Rock Road Santa Paula, CA.
What is the asking price?
The asking price for this property is $1,128,000.
What are key features of this property?
This property features: Approximately 1,600+/- SF residence with 3 bedrooms and 1.5 baths; Approximately 2,000 SF attached commercial/shop/warehouse/garage area with 1/2 bath; Approximately 5,000 SF cement pad for equipment, trailers, vehicles, or material storage
