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    250 Ml Rd Ventura, CA 93003

    For Sale
    Contact for pricing

    Class A Office, Prime Location, 14,112 SF

    Property size:
    14,112 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A commercial property, located at 250 S Mills Rd, Ventura, CA 93003, presents a unique investment opportunity. The 14,112 square foot building sits on a 2-acre lot (APN: 079-0-101-300) and boasts a C-1 zoning designation, permitting retail and personal neighborhood services such as spas or physical therapy clinics. The building, a remodeled mid-century structure, features a modern design and updated infrastructure, reflecting millions of dollars in recent improvements to meet current city codes. The property includes over 200 secured parking spaces conveniently accessed via a new interior elevator. An expansive outdoor deck exceeding 1,500 square feet provides additional space for events or other uses. Its prime location offers excellent visibility, situated across from Pacific View Mall at a signalized intersection with major retailers like Target, Trader Joe's, and Bevmo. Currently, the building has 10% occupancy and is offered for sale by owner as an owner/user opportunity. The net rentable area is 13,600 square feet. This property is ideal for a single-user business or a multi-tenant operation seeking a high-profile Ventura location. The lease type is modified, and tenant credit is credit-rated.

    Property Features for 250 Ml Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    14,112 SF
    Class
    A
    Lot Size
    87,120 SF

    HighLights

    • 200 secured parking spaces with new interior elevator access.
    • APN: 079‑0‑101‑300
    • 14,112 square feet; 13,600 square feet net rentable.
    • 2‑acre parcel.
    • C‑1 zoning, allowing retail and personal services (e.g., spas, physical therapy).
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Jewelry Store Party City Party Store Skunk Funk Wholesaler 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
    -119.24707336
    Latitude
    34.27027908

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    FAQs

    What type of property is this?
    Individual retail property - Class A Office, Prime Location, 14,112 SF
    Where is this individual retail property located?
    The property is located at 250 Ml Rd Ventura, CA.
    What are key features of this property?
    This property features: 200 secured parking spaces with new interior elevator access.; APN: 079-0-101-300; 14,112 square feet; 13,600 square feet net rentable.
    Request Owner's contact information
    250 Ml Rd Ventura, CA 93003
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    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
    250 Ml Rd Ventura, CA 93003
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