Add Listing
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

    2958 Sturgis Rd Oxnard, CA 93030-8933

    • Industrial properties
    • 15,671 SF
    • 1.76 lot acres
    OFF-MARKET
    Last Sale
    Oct 11, 2024
    Value Estimations
    $2,280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0971175
    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

    • Tacos El Vladis / Restaurant

    Property Details for 2958 Sturgis Rd

    Year built
    2008
    Lot size
    1.76 lot acres
    Property size
    15,671 SF
    Zone code
    M1PD
    Property type
    Industrial properties
    APN
    216-0-160-335
    APU
    2160160335

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,830,000
      6.5%
      $2,610,000
      7%
      $2,425,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,035,000
      Market price range: $463k - $2.04M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,930,000
      Current use
      COMMERCIAL (GENERAL)
      $3,050,000
      Change: +4% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,915,000
      Change: -0% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.134
    Latitude
    34.2013
    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
    $57,417
    $1,132,910
    $3,546,508
    $4,679,418
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.25 Acres

      361 Bernoulli Cir

      INDUSTRIAL (GENERAL) • 1.25 Acres
      361 Bernoulli Cir, Oxnard, CA 93030-5164
      View Details
    • Value Estimation by Request
      2.75 Acres

      820 Commercial Ave

      INDUSTRIAL (GENERAL) • 2.75 Acres
      820 Commercial Ave, Oxnard, CA 93030-7234
      View Details
    • Value Estimation by Request
      1.60 Acres

      550 Diaz Ave

      INDUSTRIAL (GENERAL) • 1.60 Acres
      550 Diaz Ave, Oxnard, CA 93030-7205
      View Details
    • Value Estimation by Request
      1.54 Acres

      321 Todd Ct

      INDUSTRIAL (GENERAL) • 1.54 Acres
      321 Todd Ct, Oxnard, CA 93030-5192
      View Details
    • Value Estimation by Request
      1,790 SF

      900 Richmond Ave

      INDUSTRIAL (GENERAL) • 1,790 SF
      900 Richmond Ave, Oxnard, CA 93030-7212
      View Details
    • Value Estimation
      $3,200,000
      31,256 SF

      1051 Rose Ave

      INDUSTRIAL (GENERAL) • 31,256 SF
      1051 Rose Ave, Oxnard, CA 93030-5180
      View Details

    Similar Nearby for Sale

    • $2,610,552
      6,888 SF

      Oxnard Industrial Condominium For Sale

      Industrial condominium in a professional business park, close to Highway 101.
      2362 E Sturgis Rd, Oxnard, CA 93030
      View Details
    • $850,500
      2,268 SF

      Oxnard Industrial Condominium For Sale

      Industrial condominium in a professional business park, close to Highway 101.
      2364 Sturgis Rd, Oxnard, CA 93030
      View Details
    • Contact for pricing
      3,361 SF

      Oxnard Office/Industrial Space For Sale

      3,361 SqFt office and industrial space in Oxnard, CA.
      2301 Santiago Ct, Oxnard, CA 93030
      View Details
    • $730,000
      3,172 SF

      Industrial Condo with Office Space

      Industrial condo with built-out office and warehouse space.
      Pacific Ave, Oxnard, CA 93030
      View Details
    • $6,964,950
      23,610 SF

      Freestanding Warehouse/Distribution/Manufacturing Building

      Single tenant building with freeway access, dock and ground loading.
      3100 Camino Del Sol, Oxnard, CA 93030
      View Details
    • $490,000
      1,305 SF

      Oxnard Industrial Condo For Sale

      Industrial condo featuring a grade level door and ample power.
      2000 Cabot Pl, Oxnard, CA 93030
      View Details

    Similar Nearby for Lease

    • $1.45 SF/Yr

      Industrial Unit Near 101 Freeway

      Industrial unit with M1 zoning, high visibility, close to freeway.
      3251 Corte Malpaso, Oxnard, CA 93030
      View Details
    • Contact for pricing

      Industrial Property Fully Leased

      Industrial property in Oxnard, CA, currently 100% leased.
      2380 Eastman Ave, Oxnard, CA 93030
      View Details
    • $1.40 SF/Yr

      Industrial Space Available For Lease

      Industrial space available for lease in Ventura.
      2350 Eastman Ave, Oxnard, CA 93030
      View Details
    • Contact for pricing

      Industrial Property Fully Leased

      Industrial property in Oxnard, CA, currently 100% leased.
      2360 Eastman Ave, Oxnard, CA 93030
      View Details
    • $1.35 SF/Yr
      2,000 SF

      Oxnard Flex Space Available

      Flex space available for lease in Oxnard, California.
      2370 Eastman Ave, Oxnard, CA 93030
      View Details
    • $1.15 SF/Yr
      10,000 SF

      Freestanding Flex Space with Yard

      Flex space with offices, fenced yard, and freeway access.
      340 Irving Dr, Oxnard, CA 93030
      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.
    2958 Sturgis Rd
    Oxnard, CA 93030-8933
    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.
    Sign Up Successful!
    You now have access to more from Realmo!