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    Oxnard Commercial Office Condos Title is generated by Realmo AI

    1100 N Ventura Rd, Oxnard, CA 93030

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    Two fully leased commercial office condos in a central Oxnard location.

    Type:Office
    Property size:
    2,898 SF
    Price / SF:
    $207/SF
    Added:
    Mar 2, 2024
    Days on Market:
    857
    Last Refresh:
    Jul 4 at 10:23 am

    Property Features for 1100 N Ventura Rd

    General Information

    Standard status
    Active
    Size
    2,898 SF
    Property subtype
    Office

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    Jesus Camacho
    Jesus Camacho

    Listing office Buenger Commercial Real Estate, Inc.

    Listing date Mar 2, 2024

    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 Buenger Commercial Real Estate, Inc.

    HighLights

    • Investment opportunity
    • Two fully leased commercial office condos
    • Centrally located in Oxnard

    Overview

    This property presents an investment opportunity in two fully leased commercial office condos. The condos are centrally located in Oxnard and offer a total property size of 2898 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $81.7k $28.20
    − Vacancy −$14.7k −$5.08
    EGI $67.0k $23.12
    − OpEx −$16.8k −$5.78
    NOI $50.3k $17.34
    2,898 SF · lease $28.20/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $718.0K
    $628.3K – $837.7K (±1% cap)
    NOI $50,260 @ 7.0% cap · market cap 8.38%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $945.8K
    $827.6K – $1.10M (±1% cap)
    NOI $66,207 @ 7.0% cap · market cap 11.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Saint Nazarene Medical ... Physician Joseph Iwuajoku, PA Physician LYDIA DHARSHINI SURYAKUMAR Pediatrician Eldizabel Corporate Office EDWARD JACOB BANMAN Pediatrician

    Suggested Use

    Law Firm Real Estate Agency Restaurant Gym & Fitness Center Hotel & Motel Bar & Pub Travel Agency Hair Salon Department Store Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.1940692
    Latitude
    34.2127649

    FAQs

    What type of property is this?
    Office units - Two fully leased commercial office condos in a central Oxnard location.
    Where is this office units located?
    The property is located at 1100 N Ventura Rd Oxnard, CA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Investment opportunity; Two fully leased commercial office condos; Centrally located in Oxnard
    (805) 985-1007 Call to check price and availability
    More about this property
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