26025 Mureau RdCalabasas, CA 91302

Property Details for 26025 Mureau Rd

Year built

1990

Construction

TILT-UP CONCRETE

Lot size

2.68 AC

Property size (Sq ft)

45,888 SF

Zone code

CSCM

Property type

Office buildings

APN

2052-043-011

APU

2052043011

Description

This exceptional Calabasas commercial property, the Calabasas Commerce Center, offers a diverse range of flexible office and creative workspace options. Located at 26025 Mureau Rd, Calabasas, CA 91302, this single, two-story Class B building totals 45,998 square feet. Currently, 35,994 square feet of space is immediately available, divisible into units as small as 3,999 square feet. The building boasts a 24-foot ceiling height, ideal for various business needs. Four drive-in bays provide convenient access, complemented by elevator service. The property features 1200 Amps of power, ensuring ample capacity for modern business operations. Built in 1990, the building is zoned CMU and situated in the Conejo Valley submarket, specifically the Calabasas cluster. This location offers excellent accessibility and visibility within a thriving business community. The property is perfect for businesses seeking flexible, high-quality space in a desirable Calabasas location. The minimum leasable space is 3,999 square feet, while the maximum contiguous space available is 35,994 square feet. Multiple tenants are currently accommodated within the building.

• CAP approach

  CAP return

  Valuation

  6%

  $13,941,593

  6.5%

  $12,869,162

  7%

  $11,949,937

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,726,062

  Geo Method

  $8,726,062

• Alternative Use

  Use

  Valuation

  Residential Income

  $15,957,761

  Hospitality / Lodging

  $14,617,224

  Institutional / Educational

  $12,161,358

  Healthcare / Senior Housing

  $12,579,606

  Retail / Commercial

  $18,917,668

Location Insight

City

Calabasas

County

Los Angeles

State

California

Latitude

34.1528

Longitude

-118.695

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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