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$355
Days on Market209
Property Features for 98 W Cochran St
General Information
Standard status
Active
Size
14,578 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Yes
Highway Access
Yes
Road Access
Yes
Listing Agency:
Daum Commercial
(818) 887-3600
Listed By:
Taylor Jocoy · License #02049497
(818) 483-3627
Source:
Moodyscre
Added: Apr 6
Changed: Oct 26
Last Checked: Oct 30 at 11:48AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$193,532
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,870,640
$3.9M
Cap Rate 7%
$2,764,743
$2.8M
Cap Rate 9%
$2,150,356
$2.2M
Market Conditions
NOI Build-Up for 14,578 SF
Gross rent
$323.6K $22.20/SF
− Vacancy
−$25.9K −$1.78/SF
EGI
$297.7K $20.42/SF
− OpEx
−$104.2K −$7.15/SF
NOI
$193.5K $13.28/SF
Area
Simi Valley, CA
Vacancy
8.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,870,640
Cap Rate 7%
$2,764,743
Cap Rate 9%
$2,150,356
Alternative Uses
Best Use
Flex RnD
$2.76M
$2.42M – $3.23M
NOI $193,532 @ 7.0% cap · market cap 3.74%
Second Best
Industrial
$1.72M
$1.50M – $2.00M
NOI $120,067 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$4.74M
$4.15M – $5.53M
NOI $331,847 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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 $5,175,190.
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
