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    2503 Royal Ave Simi Valley, CA 93065

    For Sale
    $3,350,000

    Retail property at a prominent intersection in Simi Valley.

    Lot size:
    1.03 Acres

    Property Features for 2503 Royal Ave

    General Information

    Lot size
    1.03 Acres

    Building Details

    Year built
    1973

    Source: Terra Conejo Properties, Inc. Agent Larry Nease

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property at Royal and Sycamore

    This retail property is located at the intersection of Royal Avenue and Sycamore Avenue. The location is described as excellent. Rent roll and financial information are available upon request.
    Location Intelligence

    Current Use by Public Records

    Royal Bagel Deli Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Simi Valley Shopping Center, Quick-Tag, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.7482626
    Latitude
    34.2615202

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    FAQs

    What type of property is this?
    Shopping center - Retail property at a prominent intersection in Simi Valley.
    Where is this shopping center located?
    The property is located at 2503 Royal Ave Simi Valley, CA.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: - Excellent location at the intersection of Royal and Sycamore.; - Financial information (rent roll) available upon request.; - Property built in 1973.
    (877) 505-5275
    Request Owner's contact information
    2503 Royal Ave Simi Valley, CA 93065
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    Simi Valley, CA 93065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2503 Royal Ave Simi Valley, CA 93065
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