This exceptional 650 square foot office suite is located within the prestigious Conejo Ridge Executive Center on Old Conejo Road. The suite is part of a larger, two-story, 7,436 square foot building constructed in 2015, offering a blend of modern amenities and convenient access. The building features ample parking, an elevator for easy access to both floors, and restrooms conveniently located on each level. The suite itself boasts elegant glass entry doors, central air conditioning and heating, and impressive floor-to-ceiling windows that provide abundant natural light. Janitorial services are included, adding to the overall convenience. The suite is categorized as a Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office space, making it versatile for a variety of business needs. Its location offers easy access to a variety of restaurants and stores, and is conveniently situated near the Wendy Drive exit of the 101 Ventura Freeway, ensuring seamless commutes for employees and clients. The building's park-like landscaping creates a serene and professional atmosphere. This single-tenancy space presents a unique opportunity for businesses seeking a well-appointed and conveniently located office solution.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,257,135
6.5%
$2,083,509
7%
$1,934,687
Comparable approach
Method
Valuation
Relative Method
$1,414,030
Geo Method
$1,414,030
Alternative Use
Use
Valuation
Residential
$2,583,552
Hospitality
$2,366,520
Educational
$1,968,916
Medical
$2,036,630
Retail
$3,062,759
Location Insight
City
Thousand Oaks
County
Ventura
State
California
Latitude
34.1909
Longitude
-118.943
CBSA code
37100
CBSA name
OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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