530 Moorpark AveMoorpark, CA 93021

Property Details for 530 Moorpark Ave

Year built

1967

Lot size

0.40 AC

Property size (Sq ft)

7,525 SF

Zone code

CPD

Property type

Office buildings

APN

512-0-103-180

APU

5120103180

Description

This exceptional two-story office building, located at 530 Moorpark Avenue in Moorpark, California, 93021, offers multiple tenancy options within a Class B property. The building totals 7,672 square feet, with 971 square feet currently vacant and available for lease. Units range from a minimum of 441 square feet to a maximum contiguous space of 971 square feet, providing flexibility for various business needs. The property features convenient access to major transportation arteries, including the 118 and 23 freeways, and is situated near the Moorpark Metrolink Station, enhancing commuting options for employees and clients. Furthermore, the building's location offers proximity to a variety of retail amenities, providing added convenience. The building itself is a traditional office design and includes two EV charging stations on-site, catering to environmentally conscious businesses and employees. This property presents a fantastic opportunity for businesses seeking a well-located, functional, and accessible office space in the thriving Moorpark/Simi Valley submarket of Ventura County. The building consists of one structure with two stories, but does not include elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $2,276,398

  6.5%

  $2,101,290

  7%

  $1,951,198

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,430,954

  Geo Method

  $1,430,954

• Alternative Use

  Use

  Valuation

  Residential

  $2,605,600

  Hospitality

  $2,386,715

  Educational

  $1,985,719

  Medical

  $2,054,011

  Retail

  $3,088,896

Location Insight

City

Moorpark

County

Ventura

State

California

Latitude

34.2843

Longitude

-118.882

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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