Property profile

150 W Los Angeles Ave Somis, CA 93066

FOR SALE
Farms
Property ID
US10-1427808
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

185 Acres of Prime Income Producing Ventura County Farmland Back on the Market (Buyer's 1031 Exchange cancelled). 180 Farmable Acres. Comprised of 3 parcels 114.23, 55.69 and 15.49 Acres. Currently planted in vegetables. Well maintained ranch under lease with a sale release clause. Private well. Improved with two houses, equipment shed and storage building. Level topography. Located on HWY 118 between Center School Road and La Vista near Walnut Avenue. Close proximity to the 101 and 126 Freeways. Zoned AE40 and Subject to SOAR bikeScore: 25, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile

Verified
Property type Farms
UPID US10-1427808

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ranch

Location

150 W Los Angeles Ave Somis, CA 93066
Somis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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