2851 Ventura RdOxnard, CA 93036

  • Office properties
  • 6,812 SF
For Sale
$4,087,000 View listing

Property Details for 2851 Ventura Rd

Lot size
0.09 AC
Property size (Sq ft)
6,812 SF
Property type
Office properties
Property subtype
Other office properties
APN
132-0-420-025
APU
1320420025

Description

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
    $2,340,214
    Hospitality
    $2,143,624
    Educational
    $1,783,470
    Medical
    $1,844,806
    Retail
    $2,774,286
2851 Ventura Rd, Oxnard, California

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

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
$26,150
$854,000
$1,281,000
$2,135,000
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