Industrial Flex Condominium
For Sale
Contact for pricing
98 W Cochran St, Simi Valley, CA 93065
Flex/industrial condo in a professional business park with immediate access to Highway 118.
Property Size3,263 SF
Price / SF$365
Days on Market117
Property Features for 98 W Cochran St
General Information
Standard status
Active
Size
3,263 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
Daum Commercial
(818) 483-3627
Listed By:
Taylor Jocoy · License #00614168
(818) 483-3627
Source:
Moodyscre
Added: Apr 6
Changed: Jul 27
Last Checked: Jul 30 at 1:32PM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This industrial flex condominium unit is located within a professional business park environment in Simi Valley, CA. The property is designated under county land use as 2029 industrial condominium.
The site offers immediate access to Highway 118, with numerous retail amenities within walking distance.
Measuring 3,263 square feet, the unit is suited for flexible industrial and business uses consistent with its industrial condominium designation.
The site offers immediate access to Highway 118, with numerous retail amenities within walking distance.
Measuring 3,263 square feet, the unit is suited for flexible industrial and business uses consistent with its industrial condominium designation.
Key Highlights
- Flex/industrial condo in a professional business park setting
- Immediate access to Highway 118
- Walking distance to numerous retail amenities
Financial Insights For Flex RnD
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 | $72.4k | $22.20 |
| − Vacancy | −$5.8k | −$1.78 |
| EGI | $66.6k | $20.42 |
| − OpEx | −$23.3k | −$7.15 |
| NOI | $43.3k | $13.28 |
3,263 SF · lease $22.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$618.8K
$541.5K – $722.0K
NOI $43,318 @ 7.0% cap · market cap 3.64%
Second Best
Industrial
$383.9K
$335.9K – $447.9K
NOI $26,875 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,277 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93065, CA
73,943
Population
26,260
Households
2.8
Avg Household Size
41
Median Age
38%
College-Educated
92%
High-School Grad
29.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$113,893
Median Household Income
$57,549
Median Earnings
$2,612
Median Rent
$759,700
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.
Similar Off Market Nearby
- Tacos Famosos — Serving most of Ventura County, Other cities may be available. Additional charges will apply., Simi
Frequently Asked Questions
What type of property is this?
Flex space - Flex/industrial condo in a professional business park with immediate access to Highway 118.
Where is this flex space located?
The property is located at 98 W Cochran St Simi Valley, CA.
What is the asking price?
The asking price for this property is $1,190,995.
What are key features of this property?
This property features: Flex/industrial condo in a professional business park setting; Immediate access to Highway 118; Walking distance to numerous retail amenities
