Back to Search
Property profile & analytics
FOR SALE
Industrial properties
4848 Colt St Ventura, CA 93003
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-0721056
For Sale
1 / 11
Contact for pricing
4848 Colt St, Ventura, CA 93003
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1984
Total area
1,077 SF
Lot
1.16 ac (50,530 SF)
Zoning code
MPD
APN
084-0-144-165
UPID
US10-0721056
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
8eighty LLC · 2 yrs held
8eighty LLC
since 2024
Last sale
$525,000
5 recorded transactions
Zoning & alternative use
MPD · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
D Commercial Planned Development Zone 24.244 MXD Mixed-Use Zone 24.248 Harbor Mixed-Use Zone (HMXD) 24.250 Zones Within Downtown Specific Plan 24.260 M-1 Limited Industrial Zone 24.262 M-2 General Industrial Zone 24.264 M-P-D Manufacturing Planned Development Zone 24.270 A Agricultural Zone 24.280 H Hospital Zone 24.290 P Parks Zone 24.295 CMXD Coastal Mixed…
Zone name
Manufacturing Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
654.03 ac
Source
Development Code PDF
Top alternative use upside
Neighborhood: shopping center
$450,000
+52.0%
Medical building
$410,000
+37.9%
Auto repair, garage
$405,000
+35.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$450,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$410,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$405,000
Change: +36% · Conversion: Easy
COMMERCIAL (GENERAL)
$380,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$365,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $525k (May 14 2024)
Last sale anchor
$525k
May 14 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$487 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,757
Tax year 2023
Assessed value
$155,084
Assessed 2024
Previous assessed
$152,044
+2.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$46,518
Assessed improvement
$108,566
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
For Sale
Year built
1984
Heating
NONE
Total area
1,077 SF
Lot
1.16 ac (50,530 SF)
Zoning code
MPD
APN
084-0-144-165
UPID
US10-0721056
Jurisdiction
VENTURA
Zoning & alternative use
MPD · Ventura, CAZoning MPD · permitted uses
MPD · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
D Commercial Planned Development Zone 24.244 MXD Mixed-Use Zone 24.248 Harbor Mixed-Use Zone (HMXD) 24.250 Zones Within Downtown Specific Plan 24.260 M-1 Limited Industrial Zone 24.262 M-2 General Industrial Zone 24.264 M-P-D Manufacturing Planned Development Zone 24.270 A Agricultural Zone 24.280 H Hospital Zone 24.290 P Parks Zone 24.295 CMXD Coastal Mixed-Use Zone Division 3. Overlay Zone Regulations 24.300 General Provisions 24.305 Resid
Zone name
Manufacturing Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
654.03 ac
Source
Development Code PDF
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$450,000
MEDICAL BUILDING
Est. value
$410,000
AUTO REPAIR, GARAGE
Est. value
$405,000
COMMERCIAL (GENERAL)
Est. value
$380,000
OFFICE BUILDING
Est. value
$365,000
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
1.16 ac
Current owner
From public records · entity-resolved
8eighty LLC
Entity
Mailing address
5915 GLN WILLOW WAY, ELLICOTT CITY, MD 21043-6157
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2024
$525,000
8eighty LLC
James H Byrd
Grant Deed
$270,000 · First Citizens Bank & Trust Co
May 14, 2024
—
8eighty LLC
—
Deed
related
$198,000 · Business Finance Capital
Jun 7, 2011
—
Byrd James H & Laura F Trust
Byrd,james H & Laura F
Quit Claim Deed
related
—
Apr 19, 1991
$87,000
American Propert
Mangone,pascuale
Grant Deed
—
—
—
James H Byrd
—
Deed Of Trust
related
$97,290 · Ventura County Business Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
