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    145 Park Ln Moorpark, CA 93021

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    For Lease
    Contact for pricing

    Prime Moorpark location, flexible medical space available.

    Lot size:
    16,429 SF

    Property Features for 145 Park Ln

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,429 SF
    Total Rate
    16264.71

    Spaces For Lease

    at 145 Park Ln, Moorpark, CA 93021 Contact us
    Unit Suite 120

    $11 /Mo

    Size
    1,912 SF
    Contact us
    Unit Suite 210

    $11 /Mo

    Size
    2,467 SF
    Contact us
    Unit Suite 110

    $11 /Mo

    Size
    2,841 SF
    Contact us
    Unit Suite 100

    $11 /Mo

    Size
    2,452 SF
    Contact us

    We can help!

    Listing Contact
    Yair Haimoff
    Yair Haimoff

    Listing Agent: Yair Haimoff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    The Renaissance Building, located at 145 Park Ln, Moorpark, CA 93021, offers exceptional medical office space for lease in Ventura County. This multi-tenant building totals 16,429 square feet and features ample surface parking with 52 spaces. Currently, there are multiple suites available, ranging from a minimum of 1,912 square feet to a maximum contiguous space of 8,019 square feet. Two immediately available suites are particularly well-suited for medical or dental practices. These suites boast desirable features including inviting lobbies, well-equipped kitchen or staff areas, private bathrooms, and welcoming reception areas. While approximate square footage is provided (one suite is approximately 1500-2000 sq ft, and the other approximately 1200-1500 sq ft), prospective tenants are encouraged to conduct their own measurements for precise figures. The building's location in a desirable area of Moorpark presents a significant opportunity for businesses seeking to establish or expand their presence in this thriving community. The total vacant space in the building is 23,243 square feet, indicating significant leasing potential. This property offers a compelling combination of size flexibility, desirable amenities, and a prime location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Moorpark Oral & Maxillofacial Dental Office Morin Paul MD Physician Schilperoort Joanne B Physician Carter Report Inc Church Park Lane Family ... Medical Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Moorpark
    County
    Ventura
    State
    California
    Longitude
    -118.8858114
    Latitude
    34.2774117

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      Retail Space in Busy Plaza

      Retail space available now in a busy Moorpark plaza.
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      Industrial Unit in Business Park

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      Retail Space Available for Lease

      Retail property with 3601 square feet available for lease.
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    FAQs

    What type of property is this?
    Medical office - Prime Moorpark location, flexible medical space available.
    Where is this medical office located?
    The property is located at 145 Park Ln Moorpark, CA.
    What is the lease rate?
    The lease rate is $0.00-$11 SF/Yr.
    What are key features of this property?
    This property features: High-image medical/office building in Moorpark, CA.; Suites available for immediate occupancy.; Features extensive wrap-around window lines.
    (818) 203-5429 Call to check price and availability
    Request Owner's contact information
    145 Park Ln Moorpark, CA 93021
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    Moorpark, CA 93021
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    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
    145 Park Ln Moorpark, CA 93021
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Yair Haimoff
    Yair Haimoff
    Real Estate License ID: 01414758
    (818) 203-5429
    Learn more
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