2244 1St St Simi Valley, CA 93065
This exceptional 10,133-square-foot warehouse, located at 2244 First Street in Simi Valley, California, presents a compelling investment opportunity. Priced at $1,750,000 ($40/sq ft), this property boasts a generous 43,652-square-foot lot and is zoned for Light Industrial use, making it ideal for a variety of businesses. The warehouse features one loading dock and two dock-high doors, ensuring efficient loading and unloading operations. With a ceiling height of 23 feet, the space offers ample vertical storage capacity. The property includes 21 parking spaces, providing convenient parking for employees and clients. Its prime location offers immediate freeway access and is situated near numerous retail amenities, enhancing its overall appeal and functionality. The property's APN is 632-0-320-525. This fully entitled property benefits from its prominent location on a major street, making it highly visible and easily accessible. Its strategic location and versatile zoning make it an excellent choice for wholesale-related businesses or similar operations. This is a rare opportunity to acquire a well-located, functional warehouse in a thriving area of Simi Valley, Ventura County, CA 93065.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.