310 A StOxnard, CA 93030

Property Details for 310 A St

Year built

1950

Lot size

0.22 AC

Property size (Sq ft)

1,722 SF

Zone code

C2

Property type

Retail properties

Property subtype

Drive through restaurants

APN

200-0-051-110

APU

2000051110

Description

This exceptional 0.22-acre property at 310 N A St, Oxnard, CA 93030, presents a compelling redevelopment opportunity. The site boasts 9,800 square feet and two existing one-story buildings totaling 2,500 square feet. Currently zoned Downtown General, this location allows for a diverse range of uses, including mixed-use, office, residential multifamily, and hotel developments. The zoning permits up to five stories, offering significant potential for unit density. The property's strategic location, approximately two blocks from another major development project and a city-planned multifamily housing site, underscores its high growth potential. This is an ideal site for affordable or low-income housing, given the city's need for such projects and the property's proximity to Highway 1 and Highway 101. The asking price is $1,095,000, translating to a land value of $107 per square foot. This represents a significant investment opportunity in a rapidly developing area of Oxnard. The property's APN is 200-0-051-110.

• CAP approach

  CAP return

  Valuation

  6%

  $759,916

  6.5%

  $701,461

  7%

  $651,357

• Comparable approach

  Method

  Valuation

  Relative Method

  $825,188

  Geo Method

  $825,188

• Alternative Use

  Use

  Valuation

  Residential

  $591,709

  Hospitality

  $542,002

  Educational

  $450,939

  Medical

  $466,448

  Retail

  $701,461

Location Insight

City

Oxnard

County

Ventura

State

California

Latitude

34.2055

Longitude

-119.178

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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