1555 5Th StOxnard, CA 93030

  • Office properties
  • 20,078 SF
For Lease
$18/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1555 5Th St, Oxnard, California

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

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
$48,369
$1,561,726
$2,454,139
$4,015,865
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FAQs

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