2975 Johnson DrVentura, CA 93003

  • Other commercial real estate
  • 46,455 SF
For Lease
$18/SF/YR View listing

Property Details for 2975 Johnson Dr

Year built
1988
Lot size
4.40 AC
Property size (Sq ft)
46,455 SF
Zone code
CPD
Property type
Other commercial real estate
APN
132-0-080-245
APU
1320080245

Description

This exceptional 46,817-square-foot single-tenant retail building at 2975 Johnson Dr, Ventura, CA 93003, presents a unique investment opportunity. Situated on a 4.4-acre lot, this Class B property boasts significant highway visibility and is located at a major intersection, ensuring high traffic exposure. Built in 1988 and extensively renovated in 2023, the building offers a modern and functional space ideal for a variety of uses, including grocery, flex, and other commercial ventures. The zoning is designated as Cpd or Commercial Planned Development. The property features one single-story building with 20 total parking spaces. The electrical service is robust, providing 800 amps of 3-phase power. There are no elevators. The cross street is Northbank. The property is currently fully vacant, offering immediate occupancy for a new tenant or owner-user. This is a rare opportunity to acquire a large, well-located retail space in a thriving Ventura market. The property's size, location, and recent renovations make it an attractive proposition for businesses seeking a prominent presence in the area. The ample parking and convenient access further enhance its appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,950,358
    Hospitality
    $14,610,442
    Educational
    $12,155,716
    Medical
    $12,573,770
    Retail
    $18,908,892
2975 Johnson Dr, Ventura, California

Location Insight

City
Ventura
County
Ventura
State
California
Latitude
34.2466
Longitude
-119.196
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
$53,296
$3,695,125
$1,061,208
$4,756,333
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