1651 Victoria AveOxnard, CA 93035

Property Details for 1651 Victoria Ave

Year built

2008

Lot size

2.28 AC

Property size (Sq ft)

32,016 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

188-0-310-045

APU

1880310045

Description

This 1,012 square foot retail space is located at 1651 Victoria Avenue in Oxnard, California, within Ventura County's Channel Islands submarket cluster. Currently vacant, this single-tenant property is situated inside an existing 24 Hour Fitness gym, presenting a unique opportunity for businesses in the health and wellness sector. Suitable uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and sales of sport, health, and wellness products and accessories, including workout apparel. Prospective tenants should note that food and beverage preparation on-site is prohibited, as are pole dancing classes and uses requiring significant construction or utility upgrades. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). The property's zip code is 93035.

• CAP approach

  CAP return

  Valuation

  6%

  $10,942,600

  6.5%

  $10,100,800

  7%

  $9,379,340

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,331,690

  Geo Method

  $6,331,690

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $19,646,800

  Mixed-Use / Specialty

  $10,085,400

  Hospitality / Lodging

  $7,426,050

  Office

  $10,046,800

  Institutional / Educational

  $10,492,000

  Residential Income

  $12,275,700

  Multifamily

  $14,608,900

  Automotive / Energy

  $8,993,180

  Parking / Income-Based Land

  $3,083,140

  Restaurant / Food Service

  $5,289,310

  Healthcare / Senior Housing

  $10,321,300

Location Insight

City

Oxnard

County

Ventura

State

California

Latitude

34.1844

Longitude

-119.222

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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