1555 5Th StOxnard, CA 93030

Property Details for 1555 5Th St

Year built

1990

Lot size

1.56 AC

Property size (Sq ft)

20,078 SF

Zone code

C2PD

Property type

Office buildings

APN

183-0-130-325

APU

1830130325

Description

Professional Arts Center II offers exceptional office space in Oxnard, Ventura County. This two-story, 20,714 square foot building, constructed in 1990, features one building with elevator service. Currently, 3,624 square feet of space is available, divisible into units ranging from a minimum of 600 square feet to a maximum contiguous space of 2,400 square feet. Four individual suites are currently available for lease. The property boasts a highly desirable location with convenient access to Ventura Road, offering excellent visibility and high traffic exposure. Tenants will enjoy the benefit of nearby shopping and dining options, as well as proximity to public transportation. Ample parking is provided, with a 4/1000 parking ratio. Building signage opportunities are also available, enhancing visibility for your business. This is an ideal location for businesses seeking a well-maintained, conveniently located office space in a thriving area of Oxnard. The property's traditional office layout provides a professional and functional workspace. Inquire today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $6,025,270

  6.5%

  $5,561,788

  7%

  $5,164,517

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,818,032

  Geo Method

  $3,818,032

• Alternative Use

  Use

  Valuation

  Residential

  $6,896,616

  Hospitality

  $6,317,264

  Educational

  $5,255,890

  Medical

  $5,436,648

  Retail

  $8,175,828

Location Insight

City

Oxnard

County

Ventura

State

California

Latitude

34.198

Longitude

-119.197

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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