606 Sespe AveFillmore, CA 93015
- Office properties
- 6,030 SF
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
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
Comparable in this City
Similar Nearby for Sale
FAQs
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