3004 Telegraph RdVentura, CA 93003

Property Details for 3004 Telegraph Rd

Year built

1948

Lot size

0.36 AC

Property size (Sq ft)

6,809 SF

Zone code

C2

Property type

Retail properties

Property subtype

Strip malls

APN

077-0-071-020

APU

770071020

Description

This Ventura, CA retail property, located at 3022-3028 Telegraph Road (near the intersection of Telegraph and Main), offers 7,264 square feet of space in a multi-tenant strip center. Built in 1948, the property currently has 5,850 square feet available for lease, with two spaces ranging from 2,200 to 3,650 square feet. The property's prime location provides excellent street visibility and high traffic counts, making it an attractive option for businesses seeking significant foot traffic and exposure. The property is situated in Ventura County, California, with the address listed as 3004 Telegraph Rd, Ventura, CA 93003. This presents a unique chance to establish or expand a business in a thriving Ventura commercial district. The property type is classified as retail, specifically a strip center and storefront. The property's location offers significant advantages for businesses seeking high visibility and accessibility. The available space provides flexibility for various retail concepts. This is an excellent opportunity for businesses looking to capitalize on a high-traffic location in a desirable Ventura market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,998,673

  6.5%

  $2,768,006

  7%

  $2,570,292

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,262,894

  Geo Method

  $3,262,894

• Alternative Use

  Use

  Valuation

  Residential

  $2,334,917

  Hospitality

  $2,138,771

  Educational

  $1,779,432

  Medical

  $1,840,630

  Retail

  $2,768,006

Location Insight

City

Ventura

County

Ventura

State

California

Latitude

34.2717

Longitude

-119.256

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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