Retail Strip Mall
For Sale
$859,000
924 E Main Street, Santa Paula, CA 93060
For sale retail strip mall at 924 E Main Street in Santa Paula, CA.
Property Size3,250 SF
Days on Market237
Property Features for 924 E Main Street
General Information
Standard status
Active
Size
3,250 SF
Property subtype
Mixed Use
Building Details
Building Size
3,250 SF
Listing Agency:
Century 21 Masters
Listed By:
Cynthia Aguilar · License #01839891
(805) 256-5088
Source:
Truthrealty
Added: Mar 3
Changed: Oct 25
Last Checked: Oct 24 at 10:35PM
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 Century 21 Masters
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Investment Insights
Based on property information with market context.
This for-sale retail strip mall at 924 E Main Street in Santa Paula, CA 93060 offers a storefront-focused commercial setup in a compact neighborhood retail format.
Directions provided indicate access via North 10th Street and a left turn onto East Main Street. The property is located in Ventura County.
If you’re looking for a manageable retail facility with storefront orientation, this strip mall configuration is positioned for local retail activity along East Main Street.
Directions provided indicate access via North 10th Street and a left turn onto East Main Street. The property is located in Ventura County.
If you’re looking for a manageable retail facility with storefront orientation, this strip mall configuration is positioned for local retail activity along East Main Street.
Key Highlights
- For sale retail strip mall at 924 E Main Street in Santa Paula, CA
- County/Parish: Ventura
- Directions: Take North 10th Street, turn left onto West on East Main Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,034
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,680
$1.0M
Cap Rate 7%
$743,343
$743.3K
Cap Rate 9%
$578,156
$578.2K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$78.0K $24.00/SF
− Vacancy
−$3.7K −$1.13/SF
EGI
$74.3K $22.87/SF
− OpEx
−$22.3K −$6.86/SF
NOI
$52.0K $16.01/SF
Area
Ventura County, CA
Vacancy
4.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,680
Cap Rate 7%
$743,343
Cap Rate 9%
$578,156
Alternative Uses
Best Use
Retail
$743.3K
$650.4K – $867.2K
NOI $52,034 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$976.3K – $1.30M
NOI $78,100 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 23%
Apparel 8%
Electronics 3%
Bank of America
Shops & Services
7,942 visits/mo
0.3 miles
Fosters Freeze
Dining
7,421 visits/mo
0.2 miles
Sinclair
Shops & Services
6,330 visits/mo
0.1 miles
Chevron
Shops & Services
5,000 visits/mo
0.1 miles
Goodwill
Apparel
2,506 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - For sale retail strip mall at 924 E Main Street in Santa Paula, CA.
Where is this strip mall located?
The property is located at 924 E Main Street Santa Paula, CA.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: For sale retail strip mall at 924 E Main Street in Santa Paula, CA; County/Parish: Ventura; Directions: Take North 10th Street, turn left onto West on East Main Street
