6633 Telephone RdVentura, CA 93003

Property Details for 6633 Telephone Rd

Year built

1983

Lot size

0.33 AC

Property size (Sq ft)

26,640 SF

Zone code

CPD

Property type

Office buildings

APN

083-0-270-115

APU

830270115

Description

Center Promenade offers a unique investment opportunity in Ventura, CA. This seven-building office park encompasses 180,576 square feet on a 12-acre lot, strategically located adjacent to the Ventura County Government Center. The property features multiple suite options ranging from 1,051 to 5,144 contiguous square feet, with 25,755 square feet currently vacant, presenting immediate leasing potential. The park's convenient location provides excellent freeway access via the 101 and 126 freeways and proximity to the Victoria Corridor. Building addresses include 1000 S. Hill Rd., 1050-1070 S. Hill Rd., 1001 Partridge Dr., 6401 Telephone Rd., 6477 Telephone Rd., 6555 Telephone Rd., and 6633 Telephone Rd., Ventura, CA 93003. The property is classified as Retail, Office, with subtypes including Executive Office, Restaurant, Strip Center, and Street Retail. On-site property management ensures responsive service. Nearby retail and restaurant amenities offer convenience for tenants and employees. This prime Ventura location presents a compelling opportunity for investors seeking a well-maintained, multi-tenant office complex with significant upside potential. The property's diverse suite sizes cater to a wide range of business needs, making it an attractive option for both established companies and startups.

• CAP approach

  CAP return

  Valuation

  6%

  $9,053,330

  6.5%

  $8,356,920

  7%

  $7,760,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,065,860

  Geo Method

  $5,065,860

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $16,341,600

  Retail / Commercial

  $8,401,670

  Mixed-Use / Specialty

  $8,388,880

  Hospitality / Lodging

  $6,177,000

  Institutional / Educational

  $8,727,190

  Residential Income

  $10,210,800

  Multifamily

  $12,151,200

  Automotive / Energy

  $7,480,450

  Parking / Income-Based Land

  $2,564,460

  Restaurant / Food Service

  $4,399,750

  Healthcare / Senior Housing

  $8,585,040

Location Insight

City

Ventura

County

Ventura

State

California

Latitude

34.267

Longitude

-119.204

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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