606 Sespe AveFillmore, CA 93015

  • Office properties
  • 6,030 SF
For Sale
$1,500,000 View listing

Property Details for 606 Sespe Ave

Year built
1983
Lot size
0.41 AC
Property size (Sq ft)
6,030 SF
Zone code
C3
Property type
Office properties
Property subtype
Office buildings
APN
053-0-060-615
APU
530060615

Description

This exceptional commercial property in Fillmore, California, presents a unique investment opportunity. The two-story, 6,030 square foot freestanding office building sits on a spacious 17,859 square foot lot (per assessor's records), offering ample space and potential. The building comprises nine individual units, five located on the ground floor and four on the upper level, providing flexibility for various business needs. A beautifully landscaped frontage and inviting walkway lead to a sun-drenched lobby featuring high ceilings, calming colors, and tile flooring, creating a professional and welcoming atmosphere. A substantial parking lot ensures convenient access for tenants, clients, and vendors. The property benefits from a highly desirable location, just one block from Fillmore's town center, providing excellent visibility and exposure to significant foot traffic. Its proximity to the Fillmore Historical Museum, local shops, restaurants, parks, and Fillmore City Hall offers tenants and their clients easy access to a variety of amenities and services. This is an ideal opportunity to acquire a well-maintained, strategically positioned commercial building in a thriving community. The asking price is $1,500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,808,110
    6.5%
    $1,669,024
    7%
    $1,549,808
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,146,665
    Geo Method
    $1,146,665
  • Alternative Use

    Use
    Valuation
    Residential
    $2,069,590
    Hospitality
    $1,895,734
    Educational
    $1,577,228
    Medical
    $1,631,471
    Retail
    $2,453,466
606 Sespe Ave, Fillmore, California

Location Insight

City
Fillmore
County
Ventura
State
California
Latitude
34.3999
Longitude
-118.916
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
$9,156
$348,173
$464,232
$812,405
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