Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Thousand Oaks Office Suite For Rent Title is generated by Realmo AI

    3175 Old Conejo Road 200, Newbury Park, CA 91320

    View on Map
    Claim this Listing
    For Lease
    $1,433/Mo $22 SF/Yr (calc)

    754 SF office suite in Conejo Ridge Executive Center.

    Type:Rental
    Property size:
    754 SF
    Lot size:
    0.08 Acres
    Added:
    Feb 10, 2025
    Days on Market:
    474
    Last Refresh:
    May 19 at 8:32 pm

    Property Features for 3175 Old Conejo Road 200

    General Information

    Standard status
    Active
    Size
    754 SF
    Lot size
    0.08 Acres
    Property subtype
    Rental

    Building Details

    Year Built
    2008

    We can help!

    Listing Contact
    Paul Carrese
    Paul Carrese

    Listing agent Paul Carrese License #01356791

    Listing office Coldwell Banker Realty

    Listing date Feb 10, 2025

    Source Exitrealty

    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 Coldwell Banker Realty

    HighLights

    • Prime Location: Adjacent to the US 101 Freeway with high visibility and easy access via Wendy Drive.
    • Functional Office Suite: Includes two private offices and a reception/bullpen area.
    • Abundant Natural Light: Extensive window line creates a light and bright workspace.
    • Convenient Amenities: Numerous retail and dining options nearby.
    • Independent Climate Control: Tenant controls their own HVAC system.
    • 24/7 Access: Provides flexibility and convenience for tenants.

    Overview

    This 754 sq ft office suite is located in the Conejo Ridge Executive Center. The layout includes two private offices and a reception/bullpen area. The suite features extensive window line, providing ample natural light. Abundant surface parking is available. The Conejo Ridge Executive Center is situated adjacent to the US 101 Freeway, offering freeway visibility and convenient access via Wendy Drive in Thousand Oaks. Numerous retail and dining options are located nearby. Tenant controls their own HVAC system, and the property offers 24/7 access. The grounds, parking lot, and common areas are professionally maintained. The two-story building includes an elevator. Lease rates are currently $1.75/psf/mg. Each suite has a separate electric meter and HVAC unit with thermostat. Currently, there is only one vacancy on the second floor. The Conejo Valley, located along the Hwy 101 corridor, is known for its lifestyle, low crime rate, Mediterranean climate, residential character and varied residential options, mountain views, shopping and other amenities.
    Location Intelligence

    Current Use by Public Records

    Tina Klaas - State ... Insurance Agency Private Investigations Law Firm Clones Ventura County Corporate Office System Pavers General Contractor Larry Melchor Realtor Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Newbury Park
    County
    Ventura
    State
    California
    Longitude
    -118.9425796
    Latitude
    34.1905857

    Nearby Similar for Lease

    • $1.75 SF/Yr
      28,691 SF

      Neighborhood Center Near Amgen

      Neighborhood center with easy freeway access and diverse tenants.
      2315-2409 Michael Dr., Newbury Park, CA 91320
      View Details
    • $1.95 SF/Yr
      17,167 SF

      Retail Space in Thousand Oaks

      Shell space in a strip center with street frontage.
      722 Wendy Drive, Thousand Oaks, CA 91320
      View Details
    • $1.40 SF/Yr
      3,784 SF

      Industrial Unit in Newbury Park

      Industrial unit for lease, close to 101 Freeway.
      3709-3757 Old Conejo Rd, Newbury Park, CA 91320
      View Details
    • $1.45 SF/Yr
      3,225 SF

      Industrial Space with Office Component

      Multi-tenant building featuring warehouse and office space for lease.
      1111 Rancho Conejo Blvd, Bldg 1, Newbury Park, CA 91320
      View Details
    • Contact for pricing
      1,500 SF

      Small Office Spaces For Rent

      Low-cost office spaces near restaurants, retail, and biotech companies.
      2824 Camino Dos Rios, Newbury Park, CA, 91320
      View Details
    • Contact for pricing
      1,259 SF

      Office Space Near Biotech Hub

      Small, low-cost office spaces near major companies.
      2800 Camino Dos Rios, Newbury PArk, CA, 91320
      View Details
    • Contact for pricing
      441 SF

      Small Office Space For Rent

      Low-cost office space near restaurants, retail, and biotech companies.
      2804 Camino Dos Rios, Newbury Park, CA, 91320
      View Details
    • $2.00 SF/Yr
      48,320 SF

      Retail Space in Shopping Center

      Retail space available for lease in a shopping center.
      583 Ventu Park Road, Thousand Oaks, CA 91320
      View Details
    • $1.50 SF/Yr
      2,136 SF

      Industrial Unit with Showroom

      Industrial unit featuring a large showroom with laminate flooring.
      2697 Lavery Ct, Bldg C, Newbury Park, CA 91320
      View Details
    • Contact for pricing
      1,080 SF

      Newbury Park Flex Space Available

      Flex space available for lease in Newbury Park, CA.
      2635-2 Lavery Court, Newbury Park, CA, 91320
      View Details
    • $1.55 SF/Yr
      2,136 SF

      Industrial Space For Rent

      Industrial building with office space available for lease.
      2697 Lavery Ct, Bldg B, Newbury Park, CA
      View Details
    • $1.60 SF/Yr
      1,352 SF

      Industrial Space with Office

      Flex space with office and ground-level door available for lease.
      1111 Rancho Conejo Blvd, Bldg 4, Newbury Park, CA
      View Details

    FAQs

    What type of property is this?
    Office units - 754 SF office suite in Conejo Ridge Executive Center.
    Where is this office units located?
    The property is located at 3175 Old Conejo Road 200 Newbury Park, CA.
    What is the lease rate?
    The lease rate is $1,433 /Mo.
    What are key features of this property?
    This property features: Prime Location: Adjacent to the US 101 Freeway with high visibility and easy access via Wendy Drive.; Functional Office Suite: Includes two private offices and a reception/bullpen area.; Abundant Natural Light: Extensive window line creates a light and bright workspace.
    (310) 910-1547
    We can help!
    Listing Contact
    Paul Carrese
    Paul Carrese
    Real Estate License ID: 01356791
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3175 Old Conejo Road 200, Newbury Park, CA 91320
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!