Automotive Sales Facility with Street
2531 E Thompson Blvd Ventura, CA 93003
2531 E Thompson Blvd, Ventura, CA, 93003
$1,000,000
For Sale
$1,000,000
Owner-user automotive property on a Ventura commercial corridor with strong street frontage and consistent customer visibility.
Property Size3,520 SF
Price / SF$284.09
Days on Market26
Property Features for 2531 E Thompson Blvd
General Information
- Standard status
- Active
- Size
- 3,520 SF
- Property subtype
- Vacant-User
Building Details
- Year Built
- 1975
Listing agency
Marcus & Millichap - Los Angeles
(213) 943-1822
Listed by
Orbell Ovaness · License #License(s): CA: 01402142
(213) 943-1822
Source
Marcusmillichap
Added: Jun 28 Updated: Jul 10 at 2:10PM Checked: Jul 23 at 2:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
The property at 2531 E Thompson Blvd is currently utilized as an automotive sales facility, offering an efficient layout designed for customer-facing operations. It sits on an infill parcel positioned between two established commercial buildings, providing direct street presence along East Thompson Boulevard. The offering also allows for continued automotive use or adaptation to an alternative commercial application, subject to applicable approvals.
Located along one of Ventura’s established commercial corridors, the site benefits from strong street frontage and visibility with consistent traffic exposure. The surrounding area includes established residential neighborhoods as well as neighborhood-serving retail and automotive-related businesses, supporting an active mix of local customer activity along the thoroughfare.
For owner users, the site provides long-term control of a well-positioned storefront in a mature coastal market where comparable commercial opportunities can be limited. The combination of direct exposure, accessible frontage, and a layout suited to automotive retail makes it a practical fit for operators seeking visibility and customer access, with the flexibility to pursue alternative commercial uses subject to approvals.
Located along one of Ventura’s established commercial corridors, the site benefits from strong street frontage and visibility with consistent traffic exposure. The surrounding area includes established residential neighborhoods as well as neighborhood-serving retail and automotive-related businesses, supporting an active mix of local customer activity along the thoroughfare.
For owner users, the site provides long-term control of a well-positioned storefront in a mature coastal market where comparable commercial opportunities can be limited. The combination of direct exposure, accessible frontage, and a layout suited to automotive retail makes it a practical fit for operators seeking visibility and customer access, with the flexibility to pursue alternative commercial uses subject to approvals.
Key Highlights
- Automotive sales facility on E. Thompson Boulevard in Ventura’s established commercial corridor
- Built in 1975, owner‑user commercial property with strong street frontage
- Infill parcel positioned between two established commercial buildings
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.8k | $25.80 |
| − Vacancy | −$6.9k | −$1.96 |
| EGI | $83.9k | $23.84 |
| − OpEx | −$25.2k | −$7.15 |
| NOI | $58.8k | $16.69 |
3,520 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.58M
NOI $95,080 @ 7.0% cap · market cap 9.51%
Second Best
Industrial
$839.3K
$734.4K – $979.2K
NOI $58,753 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $148,755 @ 7.0% cap · market cap 14.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Car Donations & Junk Car Removal — 5040 telegraph rd, ventura, ca 93003
- Buena Auto Care — 5898 Telegraph Rd, Ventura, CA 93003
- ClearChoiceAutomotive&RV llc — 5505 Topa Topa Dr, Ventura, CA 93003
- clearchoiceRVservice — 5505 Topa Topa Dr, Ventura, CA 93003
- CAMPERS CHOICE MOBILE RV REPAIR — 41 S Wake Forest Ave, Ventura, CA 93003
FAQs
What type of property is this?
Auto shop - Owner-user automotive property on a Ventura commercial corridor with strong street frontage and consistent customer visibility.
Where is this auto shop located?
The property is located at 2531 E Thompson Blvd Ventura, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Automotive sales facility on E. Thompson Boulevard in Ventura’s established commercial corridor; Built in 1975, owner‑user commercial property with strong street frontage; Infill parcel positioned between two established commercial buildings
