Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1755 Lemonwood Dr Santa Paula, CA 93060

    • Warehouses
    • 40,081 SF
    • 3.56 lot acres
    For Sale
    View listing
    $9,200,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dannmar / Manufacturer

    Property Details for 1755 Lemonwood Dr

    Year built
    2019
    Lot size
    3.56 lot acres
    Property size
    40,081 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 40,081-square-foot industrial warehouse, located at 1755 Lemonwood Drive in Santa Paula, California, presents a compelling investment opportunity. Built in 2019, this Class C single-tenant property sits on a 3.56-acre lot (155,074 square feet) and boasts a concrete tilt-up construction. The warehouse features a spacious interior with a ceiling height ranging from 24 to 26 feet, minimizing column obstructions for efficient use of space. Loading and unloading are facilitated by four 10'x10' dock-high doors and two grade-level doors (22'x12'). Ample parking is provided with 47 spaces, offering a ratio of 1.15 spaces per 1,000 square feet. The property includes approximately 710 square feet of office space (2% of the total building area). Essential features include fire sprinklers and robust power (1,200 amps, 240/110v). The property's zoning is industrial, and its Assessor's Parcel Numbers (APN) are 107-0-210-715, -73, and -75. The asking price is $9,200,000, translating to $229.54 per square foot. This property is ideal for a variety of industrial uses and offers significant potential for return on investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Santa Paula
    County
    Ventura
    State
    California
    Longitude
    -119.043
    Latitude
    34.3564

    Comparable in this City

    • Value Estimation by Request
      106,481 SF

      1645 Lemonwood Dr

      Distribution properties • 106,481 SF
      1645 Lemonwood Dr, Santa Paula, CA 93060
      View Details
    • Value Estimation
      $305,000
      0.08 Acres

      918 Mission Rock Rd, Unit A

      STORAGE YARD (JUNK, SALVAGE) • 0.08 Acres
      918 Mission Rock Rd, Santa Paula, CA 93060-9796
      View Details
    • Value Estimation
      $490,000
      3,960 SF

      936 Msn Rock Rd

      STORAGE YARD (JUNK, SALVAGE) • 3,960 SF
      936 Msn Rock Rd, Santa Paula, CA 93060-9730
      View Details
    • Value Estimation
      $1,720,000
      96,406 SF

      326 Santa Maria St

      WAREHOUSE, STORAGE • 96,406 SF
      326 Santa Maria St, Santa Paula, CA 93060-3512
      View Details
    • Value Estimation
      $1,340,000
      48,200 SF

      1100 Telegraph Rd

      WAREHOUSE, STORAGE • 48,200 SF
      1100 Telegraph Rd, Santa Paula, CA 93060
      View Details
    • Value Estimation
      $345,000
      0.39 Acres

      Harvard Blvd

      STORAGE YARD (JUNK, SALVAGE) • 0.39 Acres
      Harvard Blvd, Santa Paula, CA 93060
      View Details

    Similar Nearby for Sale

    • $9,200,000
      40,081 SF

      Santa Paula Warehouse: $9.2M

      40,081 SF Industrial Warehouse, CA
      1755 Lemonwood Dr, Santa Paula, CA 93060
      View Details
    • $9,200,000
      40,081 SF

      Santa Paula Freestanding Warehouse

      Freestanding warehouse in Santa Paula with dock and ground doors.
      1755 Lemonwood Dr, Santa Paula, CA 93060
      View Details
    • $1,700,000

      Santa Paula Trucking Yard

      One-acre trucking yard with office space and fenced perimeter.
      235 Quail Ct, Santa Paula, CA 93060
      View Details
    • $9,600,000

      Rare Santa Paula Industrial Property

      M-3 zoned land suitable for industrial or parking uses.
      815 Mission Rock Rd, Santa Paula, CA 93060
      View Details
    • $1,499,000

      Industrial Property with Residential Income

      One-acre light industrial property with residential income in Santa Paula.
      870 Corporation St, Santa Paula, CA 93060
      View Details
    • $7,600,000

      Santa Paula Multi-Unit Investment Opportunity

      Multi-unit industrial investment property with shop, office, and rental home.
      905-917 Corporation St, Santa Paula, CA 93060
      View Details

    Similar Nearby for Lease

    • $1.10 SF/Yr
      14,524 SF

      Santa Paula Warehouse/Distribution Space

      Freestanding building suitable for manufacturing, warehousing, or distribution.
      1780 E Lemonwood Dr, Santa Paula, CA 93060
      View Details
    • $2,700,000
      21,406 SF

      Industrial Building with Office Space

      Freestanding industrial building featuring office and mezzanine space.
      1185 E Main St, Santa Paula, CA 93060
      View Details
    • $0.20 SF/Yr

      Santa Paula Industrial Yard Space

      Industrial yard space available for lease in Santa Paula, CA.
      815 Mission Rock Rd, Santa Paula, CA 93060
      View Details
    • $0.15 SF/Yr

      Santa Paula Industrial Land Available

      Divisible industrial land for lease in Santa Paula, California.
      905 Corporation St, Santa Paula, CA 93060
      View Details
    • $26 SF/Yr
      3,400 SF

      Historic Santa Paula Office Space

      Prime Office, 1,913 SF Available
      216 8Th St, Santa Paula, CA 93060
      View Details
    • $25,000

      Santa Paula Farm Ground For Lease

      Farm ground available for lease in Santa Paula, California.
      000 Faulkner Rd, Santa Paula, CA 93060
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1755 Lemonwood Dr
    Santa Paula, CA 93060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.