Free Standing Flex Industrial
For Sale
Contact for pricing
98 W Cochran St, Simi Valley, CA 93065
Free standing flex/industrial building in a business park setting with immediate access to Highway 118.
Property Size14,578 SF
Price / SF$365
Days on Market117
Property Features for 98 W Cochran St
General Information
Standard status
Active
Size
14,578 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road 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 28
Last Checked: Jul 30 at 10:06AM
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.
A free standing flex/industrial building available for sale or lease, situated within a professional business park environment. The property is described as suited for a range of owner-user and investment possibilities, with a configuration that supports multiple occupancy strategies.
Located at 98 W Cochran St in Simi Valley, CA, the building offers immediate access to Highway 118. It is also within walking distance to numerous retail amenities, supporting convenient day-to-day access for staff and customers.
For businesses evaluating an established industrial flex option in a business park setting, this property provides a straightforward, independent building format with convenient highway connectivity and nearby retail services.
Located at 98 W Cochran St in Simi Valley, CA, the building offers immediate access to Highway 118. It is also within walking distance to numerous retail amenities, supporting convenient day-to-day access for staff and customers.
For businesses evaluating an established industrial flex option in a business park setting, this property provides a straightforward, independent building format with convenient highway connectivity and nearby retail services.
Key Highlights
- Free‑standing flex/industrial building in a 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 | $323.6k | $22.20 |
| − Vacancy | −$25.9k | −$1.78 |
| EGI | $297.7k | $20.42 |
| − OpEx | −$104.2k | −$7.15 |
| NOI | $193.5k | $13.28 |
14,578 SF · lease $22.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.76M
$2.42M – $3.23M
NOI $193,532 @ 7.0% cap · market cap 3.64%
Second Best
Industrial
$1.72M
$1.50M – $2.00M
NOI $120,067 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$4.74M
$4.15M – $5.53M
NOI $331,847 @ 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
Yes
Paved road 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 - Free standing flex/industrial building in a business park setting 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 $5,320,970.
What are key features of this property?
This property features: Free‑standing flex/industrial building in a business park setting; Immediate access to Highway 118; Walking distance to numerous retail amenities
