Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    505 Main St Santa Paula, CA 93060-2606
    Back to Search
    Property profile & analytics

    505 Main St, Santa Paula, CA 93060-2606

    View on Map
    • Investment properties
    • 0.29 lot acres
    Off-Market
    Property ID
    US10-1481714
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Solar of Santa Paula / Solar Energy Company

    Property Details for 505 Main St

    Year built
    1960
    Lot size
    0.29 lot acres
    Zone code
    C2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    103-0-082-305
    APU
    1030082305

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 21, 2015 $125,000 Lucas C Smead Haney Michael Grant Deed —
    Sep 23, 2010 $175,000 Michael Haney Staires F & E Living Trust Grant Deed —
    Sep 23, 2010 — Steve Smead Smead,rene Quit Claim Deed · related —
    Jan 18, 2007 — Staires F & E Living Trust Staires,forrest L Affidavit Of Death · related —
    Aug 25, 2004 — Staires Forrest & Eilene Trust Staires,forrest L & Eilene G Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Paula
    County
    Ventura
    State
    California
    Longitude
    -119.068
    Latitude
    34.3515
    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
    $3,061
    $174,734
    $85,391
    $260,125
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $840,000
      4,171 SF

      848 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      848 Main St, Santa Paula, CA 93060-2734
      View Details
    • Value Estimation
      $800,000
      2,366 SF

      722 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      722 Main St, Santa Paula, CA 93060-2736
      View Details
    • Value Estimation
      $940,000
      4,080 SF

      800 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      800 Main St, Santa Paula, CA 93060-2712
      View Details
    • Value Estimation
      $875,000
      5,102 SF

      854 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      854 Main St, Santa Paula, CA 93060-2743
      View Details
    • Value Estimation by Request
      1,120 SF

      128 8th St

      OFFICE/RESIDENTIAL (MIXED USE)
      128 8th St, Santa Paula, CA 93060-2710
      View Details
    • Value Estimation by Request
      573 SF

      1208 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      1208 Main St, Santa Paula, CA 93060-2924
      View Details

    Similar Nearby for Sale

    • $1,895,000

      Historic Santa Paula Retail Opportunity

      Landmark building in Santa Paula's historic Main Street corridor.
      948 East Main St, Santa Paula, CA 93060
      View Details
    • $799,950

      Santa Paula Industrial-Flex Opportunity

      M-1 industrial-flex property with live/work potential near downtown.
      215 N 8Th St, Santa Paula, CA 93060
      View Details
    • $740,000

      Downtown Santa Paula Retail Opportunity

      Versatile commercial building in Santa Paula's historic downtown district.
      141 Davis St, Santa Paula, CA 93060
      View Details

    Similar Nearby for Lease

    • $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
    • $0.90 SF/Yr
      2,000 SF

      Industrial Space in Santa Paula

      2000 SF industrial space for rent in Santa Paula.
      957 Faulkner Rd, Santa Paula, CA 93060
      View Details
    • Contact for pricing
      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
    • Contact for pricing

      Restored Historical Building Office Space

      Office space in a beautifully restored historical building for rent.
      216 N 8Th St, Santa Paula, CA 93060
      View Details
    • Contact for pricing
      239,580 SF

      Industrial Zoned Land For Rent

      5.5 acres of industrial-zoned land available for rent.
      910 Mission Rock Rd, Santa Paula, CA 93060
      View Details
    • Contact for pricing
      2,500 SF

      Industrial Space with Loading Dock

      Multi-tenant building with office, loading dock, and paved yard.
      918 Mission Rock 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.
    505 Main St
    Santa Paula, CA 93060-2606
    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
    505 Main St, Santa Paula, CA, 93060
    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!