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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1451 Main St Santa Paula, CA 93060-2927

    • Industrial properties
    • 905 SF
    • 0.81 lot acres
    OFF-MARKET
    Last Sale
    Apr 14, 2021
    $222,500
    Value Estimations
    $275,000
    Show details
    Cap Rate Potential
    3.1%
    Industrial properties
    Location Intelligence
    Property ID
    US10-1434759
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Edin's Auto Repair / Auto Repair Shop

    Property Details for 1451 Main St

    Year built
    1980
    Lot size
    0.81 lot acres
    Property size
    905 SF
    Zone code
    M1PD
    Property type
    Industrial properties
    APN
    101-0-340-015
    APU
    1010340015

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $295,000
      ML approach
      $300,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $200,000
      Market price range: $118k - $223k
      AI Estimate
      $192,000
      Market price range: $47.8k - $218k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $380,000
      OFFICE BUILDING
      $345,000
      MEDICAL BUILDING
      $345,000
      AUTO REPAIR, GARAGE
      $340,000
      WAREHOUSE, STORAGE
      $265,000
      COMMERCIAL (GENERAL)
      $195,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Paula
    County
    Ventura
    State
    California
    Longitude
    -119.05
    Latitude
    34.3575
    CBSA code
    37100
    CBSA name
    OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,401
    $46,694
    $71,192
    $117,886
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $670,000
      19,338 SF

      120 Calavo St

      MULTI-TENANT INDUSTRIAL BUILDING • 19,338 SF
      120 Calavo St, Santa Paula, CA 93060-4585
      View Details
    • Value Estimation
      $415,000
      7,835 SF

      1790 Lemonwood Dr

      INDUSTRIAL (GENERAL) • 7,835 SF
      1790 Lemonwood Dr, Santa Paula, CA 93060-9510
      View Details
    • Value Estimation
      $280,000
      1,082 SF

      1459 Main St

      CONDOMINIUMS (INDUSTRIAL) • 1,082 SF
      1459 Main St, Santa Paula, CA 93060-2927
      View Details
    • Value Estimation
      $390,000
      400 SF

      1015 Msn Rock Rd

      INDUSTRIAL (GENERAL) • 400 SF
      1015 Msn Rock Rd, Santa Paula, CA 93060-9730
      View Details
    • Value Estimation
      $1,245,000
      1,680 SF

      1438 Harvard Blvd

      INDUSTRIAL (GENERAL) • 1,680 SF
      1438 Harvard Blvd, Santa Paula, CA 93060-2942
      View Details
    • Value Estimation
      $2,295,000
      4,598 SF

      235 Quail Ct

      INDUSTRIAL (GENERAL) • 4,598 SF
      235 Quail Ct, Santa Paula, CA 93060-9653
      View Details

    Similar Nearby for Sale

    • $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
    • $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
    • $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
    • $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
    • $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

    • $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
    • $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
    • $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
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    1451 Main St
    Santa Paula, CA 93060-2927
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    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
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