Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Simi Valley Title is generated by Realmo AI

    2495-2597 Sycamore Dr, Simi Valley, CA 93065

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

    Retail space available in Simi Valley, freeway visibility.

    Type:Retail
    Added:
    Sep 5, 2023
    Days on Market:
    985
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 2495-2597 Sycamore Dr

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1973

    Spaces For Lease

    at 2495-2597 Sycamore Dr Contact us

    1st Floor, Suite 2495 $1.20/Mo

    Size
    23,200 SF
    Type
    Retail
    ±43,150 SF of retail space, ±163,481 SF lot size ±3.75 AC Land Zoned for Commercial...
    show more
    Contact us

    1st Floor, Suite 2517 $2/Mo

    Size
    1,625 SF
    Type
    Retail
    ±43,150 SF of retail space, ±163,481 SF lot size ±3.75 AC Land Zoned for Commercial...
    show more
    Contact us

    Suite(s) 2549 - 2557 $2/Mo

    Size
    2,275 SF
    Type
    Retail
    Suite(s) 2549-2557nFormer Retail Mattress Store UsenRecently RemodelednFreeway Adjacent...
    show more
    Contact us

    We can help!

    Listing Contact
    Austin Harrell
    Austin Harrell

    Listing agent Austin Harrell License #CA 02051633

    Listing office illi Commercial Real Estate

    Listing date Sep 5, 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 illi Commercial Real Estate

    HighLights

    • Freeway visibility ensures your business gets noticed.
    • Benefit from a signalized intersection for easy customer access.
    • Prominent pylon sign available for maximum exposure.
    • Easy access to 118 freeway.
    • Located in a shopping center at the intersection of Sycamore Dr and Cochran St.
    • Situated in a safe neighborhood.

    Overview

    The property is located in Simi Valley, conveniently situated between Santa Barbara and the San Fernando Valley. It benefits from freeway visibility and pylon signage. The surrounding area features a DIY Home Center, Walgreens, and a Shell Gas Station. The location is adjacent to a safe neighborhood. The property is located at the intersection of Sycamore Drive and Cochran Street. Nearby airports include Burbank Airport and Los Angeles International Airport (LAX).
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.7443009
    Latitude
    34.2807272

    Nearby Similar for Lease

    • $8,200/Mo
      5,000 SF

      Simi Valley Commercial Sublease Opportunity

      Multi-tenant building in West Simi Valley available for sublease.
      888 E Easy Street, Simi Valley, CA 93065
      View Details
    • Contact for pricing
      2,195 SF

      Simi Valley Ground-Floor Office Suite

      2,195 SF office suite with flexible layout and private entrance.
      5775 E Los Angeles Avenue, Simi Valley, CA 93063
      View Details
    • Contact for pricing
      2,168 SF

      Simi Valley Office Suite For Lease

      Top-floor office suite with panoramic views and flexible layout.
      5775 E Los Angeles Avenue, Simi Valley, CA 93063
      View Details
    • Contact for pricing
      1,940 SF

      Simi Valley Office Suite

      Professional office suite with flexible layout and panoramic views.
      5775 E Los Angeles Avenue, Simi Valley, CA 93063
      View Details
    • Contact for pricing
      970 SF

      Simi Valley Office Suite Available

      970 SF office suite in Simi Valley for lease.
      5775 E Los Angeles Avenue, Simi Valley, CA 93063
      View Details
    • $1.65 SF/Yr
      10,665 SF

      Renovated Retail Space in Simi

      Recently renovated retail property with frontage on Los Angeles Avenue.
      1512-1534 E. Los Angeles Ave., Simi Valley, CA 93065
      View Details
    • $2 SF/Yr
      34,946 SF

      Simi Valley Office Suites For Rent

      Office suites available in Simi Valley with flexible lease terms.
      1445 E Los Angeles Ave, Simi Valley, CA 93065
      View Details
    • $500/Mo
      60,416 SF

      Creative Office Space Available

      Creative office space with recent buildout and highway access.
      685 E Cochran St, Simi Valley, CA 93065
      View Details
    • $8,200/Mo

      Versatile Multi-Tenant Building in Simi

      CPD-zoned building suitable for industrial, retail, or light commercial use.
      888 E Easy St, Simi Valley, CA 93065
      View Details
    • $2 SF/Yr
      24,417 SF

      Renovated Office Space Available

      Recently renovated office space with fiber optic service in Simi Valley.
      2045 Royal Ave, Simi Valley, CA 93065
      View Details
    • $1.70 SF/Yr
      10,998 SF

      New Office Space in Simi

      Brand new office space with flexible floor plans available for lease.
      4115 Guardian St., Simi Valley, CA 93063
      View Details
    • $6,320/Mo

      Renovated Office Space Available

      Renovated office space with kitchen, private bathroom, and parking.
      1633 Erringer Rd 100, Simi Valley, CA 93065
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in Simi Valley, freeway visibility.
    Where is this retail space located?
    The property is located at 2495-2597 Sycamore Dr Simi Valley, CA.
    What are key features of this property?
    This property features: Freeway visibility ensures your business gets noticed.; Benefit from a signalized intersection for easy customer access.; Prominent pylon sign available for maximum exposure.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Austin Harrell
    Austin Harrell
    Real Estate License ID: CA 02051633
    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

    Thank You for Inquiry
    2495-2597 Sycamore Dr, Simi Valley, CA 93065
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!