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    Retail Space in Thousand Oaks Title is generated by Realmo AI

    2751 E Thousand Oaks Blvd, Thousand Oaks, CA 91362

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    Retail space in family-oriented Thousand Oaks, near U.S. Route 101.

    Type:Retail
    Property size:
    3,460 SF
    Price / SF:
    $751/SF
    Added:
    Mar 7, 2026
    Days on Market:
    67
    Last Refresh:
    Mar 16 at 2:59 pm

    Property Features for 2751 E Thousand Oaks Blvd

    General Information

    Standard status
    Active
    Size
    3,460 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Michael Tingus
    Michael Tingus

    Listing agent Michael Tingus License #CA 01013724

    Listing office Lee & Associates - LA North - Calabasas

    Listing date Mar 7, 2026

    Source Crexi

    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 Lee & Associates - LA North - Calabasas

    HighLights

    • Prime retail space location in Thousand Oaks, CA.
    • Easy access for customers via U.S. Route 101 and proximity to Los Angeles (35 miles).
    • Family‑oriented community of approximately 125,000 residents.
    • Safe, suburban environment with 15,000 acres of open space and attractions.
    • Networking opportunities through the Greater Conejo Valley Chamber of Commerce.
    • Proximity to major employers like Amgen.

    Overview

    Located in Thousand Oaks, California, this 3,460-square-foot retail space benefits from its location in a family-oriented community of approximately 125,000 residents. Situated just 35 miles from Los Angeles and directly accessible from U.S. Route 101, the location facilitates customer access from both the city and surrounding areas. The area is characterized by a safe, suburban atmosphere, featuring 15,000 acres of open space and attractions such as Paradise Falls, Gardens of the World, and the Thousand Oaks Civic Arts Plaza. The Thousand Oaks location draws a loyal customer base that values quality. The Greater Conejo Valley Chamber of Commerce provides networking opportunities. The area is near major employers such as Amgen, and the local market offers opportunities for businesses to establish a presence.
    Location Intelligence

    Current Use by Public Records

    Al & Ed's Autosound Electronics & Wireless Store Serenity Massage Alternative Medicine Practice INTERNACIONAL Y NACIONAL ... Tech Support Center Vigo Bank Us Tobacco & Vapor ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Daycare Center Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Thousand Oaks
    County
    Ventura
    State
    California
    Longitude
    -118.8391643
    Latitude
    34.1721089

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    FAQs

    What type of property is this?
    Retail space - Retail space in family-oriented Thousand Oaks, near U.S. Route 101.
    Where is this retail space located?
    The property is located at 2751 E Thousand Oaks Blvd Thousand Oaks, CA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Prime retail space location in Thousand Oaks, CA.; Easy access for customers via U.S. Route 101 and proximity to Los Angeles (35 miles).; Family‑oriented community of approximately 125,000 residents.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Tingus
    Michael Tingus
    Real Estate License ID: CA 01013724
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    2751 E Thousand Oaks Blvd, Thousand Oaks, CA 91362
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