Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    Perkins Rd Oxnard, CA 93033

    • Industrial land
    • 0.93 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1440066
    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

    • Industrial land

    Property Details for Perkins Rd

    Lot size
    0.93 lot acres
    Zone code
    RP
    Property type
    Industrial land
    APN
    231-0-032-065
    APU
    2310032065

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.176
    Latitude
    34.133
    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
    $22
    $26,782
    $0.00
    $26,782
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9.97 Acres

      Oxnard, CA 93033

      INDUSTRIAL - VACANT LAND • 9.97 Acres
      Oxnard, CA 93033
      View Details
    • Value Estimation by Request
      0.87 Acres

      1650 Pacific Ave

      INDUSTRIAL - VACANT LAND • 0.87 Acres
      1650 Pacific Ave, Oxnard, CA 93033-2746
      View Details
    • Value Estimation by Request
      0.13 Acres

      Sunkist Cir

      INDUSTRIAL - VACANT LAND • 0.13 Acres
      Sunkist Cir, Oxnard, CA 93033
      View Details
    • Value Estimation by Request
      1.41 Acres

      Vanguard Dr

      INDUSTRIAL - VACANT LAND • 1.41 Acres
      Vanguard Dr, Oxnard, CA 93033
      View Details
    • Value Estimation by Request
      0.09 Acres

      Oxnard, CA 93033

      INDUSTRIAL - VACANT LAND • 0.09 Acres
      Oxnard, CA 93033
      View Details
    • Value Estimation by Request
      2.81 Acres

      Hueneme Rd

      INDUSTRIAL - VACANT LAND • 2.81 Acres
      Hueneme Rd, Oxnard, CA 93033
      View Details

    Similar Nearby for Sale

    • $1,175,000

      Commercial Land Investment Opportunity

      Commercial land available in Oxnard, offering an investment opportunity.
      1940 Saviers Rd, Oxnard, CA 93033
      View Details
    • $1,675,000

      Commercial Land for Sale

      Commercial land available for sale.
      2929 Albany Dr, Oxnard, CA 93033
      View Details
    • $1,085,000
      Pending

      Oxnard Infill Development Opportunity

      0.79-acre parcel suitable for multifamily development in Oxnard.
      234 Johnson Rd, Oxnard, CA 93033
      View Details
    • $1,300,000

      Prime Lot in Oxnard, CA

      Exceptional lot ideal for commercial or residential use.
      Saviers Rd, Oxnard, CA 93033
      View Details
    • $1,085,000
      Pending

      Oxnard Land Development Opportunity

      0.79-acre parcel suitable for multifamily development in Oxnard, CA.
      234 Johnson Rd, Oxnard, CA 93033
      View Details
    • $4,800,000
      3,860 SF

      Oxnard Mixed-Use Development Opportunity

      Prime Oxnard location, multi-building potential.
      258 Pleasant Valley Rd, Oxnard, CA 93033
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      5,138 SF

      Prime Oxnard Executive Office Space

      5,138 SF Executive Suite Available
      741 Arcturus Ave, Oxnard, CA 93033
      View Details
    • $22 SF/Yr
      7,872 SF

      Oxnard Medical Office Space for Lease

      Prime Ventura County location, 1,500 SF available.
      2035-2045 Saviers Rd, Oxnard, CA 93033
      View Details
    • $1.00 SF/Yr
      51,488 SF

      Channel Islands Business Park

      Industrial/Flex space for lease, ideal for R&D/Lab use.
      Channel Is Business Park, Oxnard, CA 93033
      View Details
    • $1.25 SF/Yr

      Oxnard Warehouse with Roll-Up Doors

      Industrial warehouse space featuring roll-up doors and security fencing.
      Oxnard, CA 93033
      View Details
    • $30 SF/Yr
      41,455 SF

      Oxnard Retail Space For Lease

      Prime Retail Space, High Traffic Area
      4751 Rose Ave, Oxnard, CA 93033
      View Details
    • $0.96 SF/Yr
      26 SF

      Newly Renovated Freestanding Industrial Building

      Freestanding, newly renovated industrial building with exceptional loading and low expenses.
      1620 Emerson Ave, Oxnard, CA 93033
      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.
    Perkins Rd
    Oxnard, CA 93033
    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.

    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
    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.