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Property profile & analytics
FOR SALE
Medical Office Space

3200 Telegraph Rd Ventura, CA 93003

11,128 SF 0.59 ac lot Built 1973
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US10-1473164
Property summary
AI-generated overview

This exceptional 12,233 square foot, two-story medical/office building presents a unique investment opportunity in Ventura, CA. Located at 3200 Telegraph Road, this free-standing property enjoys a prime position within Ventura's thriving healthcare industry, situated near Community Memorial Hospital and Ventura Community Medical Center. Its strategic location offers easy access to other medical practices and downtown amenities. The building boasts a flexible floor plan, easily divisible to suit various needs, and features professional dГ©cor throughout. An elevator and stairwells, conveniently located at both the front and rear of the building, ensure easy navigation. The property includes 34 on-site parking spaces, providing ample convenience for staff and clients. Prominent signage on Telegraph Road, a major thoroughfare, ensures high visibility. The building's accessibility is further enhanced by its proximity to US 101 and direct access from Central Avenue. A significant advantage is the existing leaseback agreement covering 25% of the rentable space with a prominent local surgeon, providing immediate and stable income for investors. This turnkey property offers an excellent opportunity for both owner-users and investors seeking a strong return in a high-demand location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Total area 11,128 SF
Lot 0.59 ac (25,700 SF)
Zoning code C-P-
APN 077-0-081-350
UPID US10-1473164
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.48M
Comparable Approach Comparable
$2.22M
Blend (final) Blend
$2.52M
Owner & transaction history
Ventura Advanced Surgical · 20 yrs held
Ventura Advanced Surgical
since 2006
5 recorded transactions
2021
Price N/A
2006
Price N/A
2003
Price N/A
2000
$1.1M
1969
Price N/A
Zoning & alternative use
C-P- · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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