Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4525 Runway St Simi Valley, CA 93063-3479
    Property profile & analytics

    4525 Runway St, Simi Valley, CA 93063-3479

    View on Map
    • Industrial properties
    • 9,483 SF
    • 0.44 lot acres
    For Lease
    $2,060,000
    View Listing →
    Modern Industrial Building For Sale For Lease
    $2,060,000
    10,245 SF

    Modern Industrial Building For Sale

    Free-standing industrial building with modern office space, move-in ready.

    4525 Runway St, Simi Valley, CA
    View Listing
    Property ID
    US10-0814387
    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.
    Value Estimations
    $2,060,000
    Cap Rate Potential
    3.6%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Millworks By Design / General Contractor

    Property Details for 4525 Runway St

    Year built
    2005
    Lot size
    0.44 lot acres
    Property size
    9,483 SF
    Property type
    Industrial properties
    APN
    644-0-190-485
    APU
    6440190485

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,160,000
      ML approach
      $2,320,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,585,000
      Current use
      COMMERCIAL (GENERAL)
      $3,190,000
      Change: +23% Conversion: Difficult
      WAREHOUSE, STORAGE
      $2,760,000
      Change: +7% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.706
    Latitude
    34.2702
    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
    $24,960
    $592,363
    $1,775,678
    $2,368,041
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      4694 Industrial St

      INDUSTRIAL (GENERAL) • 0.55 Acres
      4694 Industrial St, Simi Valley, CA 93063-3413
      View Details
    • Value Estimation
      $845,000
      3.42 Acres

      1860 Tapo Cyn Rd

      INDUSTRIAL (GENERAL) • 3.42 Acres
      1860 Tapo Cyn Rd, Simi Valley, CA 93063-6734
      View Details
    • Value Estimation
      $5,840,000
      61,009 SF

      3987 Heritage Oak Ct

      INDUSTRIAL (GENERAL) • 61,009 SF
      3987 Heritage Oak Ct, Simi Valley, CA 93063-6711
      View Details
    • Value Estimation
      $1,195,000
      102,784 SF

      4615 Industrial St

      MULTI-TENANT INDUSTRIAL BUILDING • 102,784 SF
      4615 Industrial St, Simi Valley, CA 93063-3434
      View Details
    • Value Estimation
      $1,230,000
      14,975 SF

      4537 Ish Dr

      INDUSTRIAL (GENERAL) • 14,975 SF
      4537 Ish Dr, Simi Valley, CA 93063-7667
      View Details
    • Value Estimation
      $1,190,000
      12,356 SF

      4101 Guardian St Sta, Unit A

      CONDOMINIUMS (INDUSTRIAL) • 12,356 SF
      4101 Guardian St Sta, Simi Valley, CA 93063-3382
      View Details

    Similar Nearby for Sale

    • $1,765,176
      4,424 SF

      Simi Valley Warehouse For Sale

      4,424 sq ft warehouse available for purchase.
      4180 Guardian St, Simi Valley, CA 93063
      View Details
    • $3,300,000

      Freestanding Industrial Building For Sale

      7,576 SF industrial building with fenced yard on 17,860 SF land.
      Simi, Simi Valley, CA 93063
      View Details
    • Contact for pricing
      9,543.00 Acres

      View Lot in Santa Susana

      View lot in Santa Susana Knolls, Simi Valley.
      Gonzales Rd, Simi Valley, CA 93063
      View Details
    • Contact for pricing
      10,809 SF

      Renovated Simi Valley Office Building

      Two-story office building with expansion potential and rooftop leases.
      2450 Tapo St, Simi Valley, CA 93063
      View Details
    • $449,000
      0.46 Acres

      Simi Valley Land with Views

      Approximately 20,000 sq ft lot with utilities and plans.
      Mesa Dr, Simi Valley, CA 93063
      View Details
    • $280,000
      0.29 Acres

      Land in Susana Knolls

      Land with income potential in a rustic, rural setting.
      1194 Black Canyon Rd, Simi Valley, CA 93063
      View Details

    Similar Nearby for Lease

    • $1.60 SF/Yr

      Industrial Condo Units For Lease

      Industrial condo units for lease in Simi Valley/Moorpark area.
      4180 Guardian St, Simi Valley, CA 93063
      View Details
    • Contact for pricing
      3,360 SF

      Simi Valley Warehouse Space Available

      3,360 SF warehouse space in pristine business park.
      4590 Ish Dr, Simi Valley, CA 93063
      View Details
    • $1.35 SF/Yr
      25,786 SF

      Simi Valley Warehouse Space Available

      Industrial warehouse space for lease in Simi Valley, California.
      4120 E Los Angeles Ave, Simi Valley, CA 93063
      View Details
    • $1.29 SF/Yr
      76,445 SF

      Simi Valley Warehouse Space Available

      76,445 SF warehouse with dock doors and high ceilings.
      1850 Tapo Canyon Rd, Simi Valley, CA 93063
      View Details
    • Contact for pricing

      Retail Space Near Major Retailers

      Retail property with high visibility and abundant parking.
      Simi, Simi Valley, CA 93063
      View Details
    View Listing
    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.
    4525 Runway St
    Simi Valley, CA 93063-3479
    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

    Thank You for Inquiry
    4525 Runway St, Simi Valley, CA, 93063
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!