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    300 Ml Rd Ventura, CA 93003

    Sponsored
    For Sale
    $5,000,000

    Prime Ventura location, 13,628 SF office space.

    Property size:
    13,628 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,628 square foot free-standing building, located at 300 S Mills Rd in Ventura, California, presents a unique investment opportunity. Currently configured as executive office space, this two-story building boasts a desirable C2 zoning, allowing for a variety of potential uses. Built in 1972, the property sits on a 0.83-acre lot and includes 31 parking spaces. The asking price is $5,000,000, translating to a price per square foot of $366. The property features a pre-existing bank space complete with a drive-thru, offering significant potential for various businesses. Its prime location on a signalized corner ensures high visibility and ample exposure to substantial traffic counts. Exterior building signage opportunities further enhance marketing potential. The property benefits from convenient access to the 101 freeway and Highway 126, providing easy commutes for employees and clients. Nearby retail and restaurant amenities add to the property's appeal. This is a NNN lease type property with multi-tenancy. This is an owner/user investment opportunity. The property is zoned C2. Don't miss this chance to acquire a versatile and well-situated commercial property in Ventura, CA.

    Property Features for 300 Ml Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    13,628 SF
    Lot Size
    36,155 SF

    Building Details

    Year Built
    1972
    Stories
    2

    HighLights

    • Free‑standing, 13,628 SF retail/office building for sale or lease at $5,000,000 ($366/SF).
    • Pre‑existing bank space with drive‑thru.
    • C2 zoning allows for multiple uses.
    • High visibility corner lot with exterior signage opportunities and high traffic counts.
    • Convenient access to the 101 freeway and Highway 126, near retail and restaurants.
    • 31 parking spaces on a 0.83‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Corporate Campus Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ventura
    County
    Ventura
    State
    California
    Longitude
    -119.2465613
    Latitude
    34.2693936

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ventura location, 13,628 SF office space.
    Where is this office property / space located?
    The property is located at 300 Ml Rd Ventura, CA.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: Free-standing, 13,628 SF retail/office building for sale or lease at $5,000,000 ($366/SF).; Pre-existing bank space with drive-thru.; C2 zoning allows for multiple uses.
    Request Owner's contact information
    300 Ml Rd Ventura, CA 93003
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    Realmo Value Estimation

    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.

    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.

    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
    300 Ml Rd Ventura, CA 93003
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