This exceptional two-story, 6,812-square-foot executive office building, located at 2851 N Ventura Rd in Oxnard, California (93036), presents a compelling owner-user or investment opportunity. Built in 2008, the property boasts a desirable C-2 zoning designation and is situated within a planned unit development. The asking price is $4,087,000, translating to $600 per square foot. The building features an elevator for convenient access to both floors and provides ample surface parking, with a ratio of 4.71 spaces per 1,000 square feet. Currently generating rental income, this property offers a strong foundation for immediate return on investment. Its strategic location offers easy access to the Ventura 101 Freeway and proximity to convenient amenities, including "The Collection at Riverpark." The Ventura County property (APN 132-0-420-025) is a rare find in the thriving Oxnard market. This is an excellent opportunity to acquire a well-maintained, income-producing asset in a prime location. The building's size and features make it ideal for a variety of executive office uses. Don't miss this chance to own a piece of Oxnard's vibrant commercial landscape.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,044,542
6.5%
$1,887,270
7%
$1,752,464
Comparable approach
Method
Valuation
Relative Method
$1,295,370
Geo Method
$1,295,370
Alternative Use
Use
Valuation
Residential Income
$2,340,214
Hospitality / Lodging
$2,143,624
Institutional / Educational
$1,783,470
Healthcare / Senior Housing
$1,844,806
Retail / Commercial
$2,774,286
Location Insight
City
Oxnard
County
Ventura
State
California
Latitude
34.2444
Longitude
-119.183
CBSA code
37100
CBSA name
OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
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Ventura Rd Oxnard, CA 93036
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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