Ventura Automotive Retail Building For
1858 E Thompson Blvd Ventura, CA 93001
1858 E Thompson Blvd, Ventura, CA, 93001
Contact for pricing
For Sale
Contact for pricing
Automotive retail building with secure yard in Ventura's Mid-Town.
Property Size8,134 SF
Lot Size0.38 Acres
Price / SF$239.73
Days on Market1068
Property Features for 1858 E Thompson Blvd
General Information
- Standard status
- Active
- Size
- 8,134 SF
- Lot size
- 0.38 Acres
- Property subtype
- Retail
Listing Agency
The Becker Group Inc
(805) 653-6794
Listed by
Jeffrey Becker · License #CA 01213236
Source
Crexi
Added: Aug 17, 2023 Checked: Jul 19 at 4:55 am
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 The Becker Group Inc
Investment Insights
Based on property information with market context.
This automotive retail building, constructed in 1973, offers approximately 8,134 square feet of space on a 16,440 square foot lot. The building is divided into two sections: a showroom and office area at the front, facing Thompson Blvd, and a service and parts area at the rear, accessible via roll-up doors. The property will be delivered vacant upon the close of escrow. Zoned T4.5 by the City of Ventura, the property is situated in Ventura's Mid-Town district, providing convenient access to the 101 Freeway, various shops, amenities, and restaurants. The location is near numerous residential developments currently under construction. Ventura is a popular destination in Ventura County, known for tourism, beaches, unique shopping and dining experiences, the San Buenaventura Mission, Botanical Gardens, and entertainment options.
Key Highlights
- Rare automotive retail building with secure yard in Ventura.
- Delivered vacant at close of escrow.
- Excellent access to 101 Freeway, shops, amenities, and restaurants in Ventura's Mid‑Town district.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $209.9k | $25.80 |
| − Vacancy | −$15.9k | −$1.96 |
| EGI | $194.0k | $23.84 |
| − OpEx | −$58.2k | −$7.15 |
| NOI | $135.8k | $16.69 |
8,134 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.14M
$2.75M – $3.66M
NOI $219,711 @ 7.0% cap · market cap 11.27%
Second Best
Industrial
$1.94M
$1.70M – $2.26M
NOI $135,765 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$4.91M
$4.30M – $5.73M
NOI $343,743 @ 7.0% cap · market cap 17.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Automotive properties
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Similar Off Market Nearby
- Humble Handcraft — 185 N Olive St, Ventura, CA 93001
FAQs
What type of property is this?
Automotive property - Automotive retail building with secure yard in Ventura's Mid-Town.
Where is this automotive property located?
The property is located at 1858 E Thompson Blvd Ventura, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Rare automotive retail building with secure yard in Ventura.; Delivered vacant at close of escrow.; Excellent access to 101 Freeway, shops, amenities, and restaurants in Ventura's Mid‑Town district.
