Highway-Frontage Mixed-Use
For Sale
$600,000
553 Ventura Street, Fillmore, CA 93015
The property is fully occupied and includes on-site parking and highway frontage.
Property Size2,025 SF
Price / SF$296.30
Days on Market105
Property Features for 553 Ventura Street
General Information
Standard status
Active
Size
2,025 SF
Property subtype
Mixed Use
Occupancy
100%
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,052
Building Details
Building Size
2,025 SF
Year Built
1970
Buildings
1
Tenancy
Multi
Listing Agency:
Realty ONE Group Summit
(805) 732-8466
Listed By:
Christie Neal · License #01747887
(805) 978-5764
Source:
Give2giverealty
Added: Jul 16
Changed: Oct 26
Last Checked: Oct 26 at 2:18PM
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 Realty ONE Group Summit
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Investment Insights
Based on property information with market context.
Built in 1970, this mixed-use commercial property at 553 Ventura Street has 2,025 square feet. The building is fully occupied and features highway frontage, signage and two parking lots.
The property is in Fillmore, California, on Ventura Street.
The property is in Fillmore, California, on Ventura Street.
Key Highlights
- Fully occupied commercial property
- 2,025 square feet
- Highway frontage and signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,424
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,480
$508.5K
Cap Rate 7%
$363,200
$363.2K
Cap Rate 9%
$282,489
$282.5K
Market Conditions
NOI Build-Up for 2,025 SF
Gross rent
$43.7K $21.60/SF
− Vacancy
−$3.1K −$1.51/SF
EGI
$40.7K $20.09/SF
− OpEx
−$15.3K −$7.53/SF
NOI
$25.4K $12.56/SF
Area
Ventura County, CA
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,480
Cap Rate 7%
$363,200
Cap Rate 9%
$282,489
Alternative Uses
Best Use
Mixed Use
$363.2K
$317.8K – $423.7K
NOI $25,424 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$695.2K
$608.3K – $811.0K
NOI $48,662 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
697
Businesses Nearby
Explore this area
Business Placement
Demographics for 93015, CA
18,789
Population
6,196
Households
3
Avg Household Size
35
Median Age
16%
College-Educated
78%
High-School Grad
92.8 sq mi
ZIP Area
202
Density / Sq Mi
$90,258
Median Household Income
$40,811
Median Earnings
$1,781
Median Rent
$590,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property is fully occupied and includes on-site parking and highway frontage.
Where is this mixed-use property located?
The property is located at 553 Ventura Street Fillmore, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Fully occupied commercial property; 2,025 square feet; Highway frontage and signage
