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    361 B St Oxnard, CA 93030

    Sponsored
    For Sale
    $1,750,000

    High-Yield, Multi-Tenant Retail Investment

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7,000 square foot retail storefront, located at 361 South B Street in Oxnard, California (93030), presents a lucrative investment opportunity. The fully-leased property boasts six units currently occupied by five tenants, generating a projected 5.17% capitalization rate. Situated in the vibrant heart of Downtown Oxnard, this prime location offers unparalleled convenience and high visibility. The property is ideally positioned adjacent to a municipal parking structure and within easy walking distance of City Hall, Centennial Plaza (featuring a 14-screen movie theater and diverse restaurants), the Oxnard Transportation Center, and the post office. Numerous other restaurants, shops, and services further enhance the property's desirability and tenant appeal. The building and lot both encompass 7,000 square feet, with a zoning designation of DT-C. The Ventura County Assessor's Parcel Number (APN) is 202-0-092-070. This multi-tenant retail asset offers a compelling blend of strong cash flow, prime location, and significant growth potential, making it an ideal addition to any investment portfolio. The asking price is $1,750,000, translating to $250 per square foot.

    Property Features for 361 B St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,000 SF

    HighLights

    • 7,000 SF retail storefront in prime Downtown Oxnard location.
    • Fully leased with five tenants, generating a 5.17% cap rate.
    • Located adjacent to municipal parking and near City Hall, Centennial Plaza, and the Oxnard Transportation Center.
    • 7,000 SF building and lot, DT‑C zoning, APN 202‑0‑092‑070.
    • Asking price: $1,750,000 ($250/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Irene's Beauty Salon Beauty Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.180185
    Latitude
    34.1991889

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    FAQs

    What type of property is this?
    Individual retail property - High-Yield, Multi-Tenant Retail Investment
    Where is this individual retail property located?
    The property is located at 361 B St Oxnard, CA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 7,000 SF retail storefront in prime Downtown Oxnard location.; Fully leased with five tenants, generating a 5.17% cap rate.; Located adjacent to municipal parking and near City Hall, Centennial Plaza, and the Oxnard Transportation Center.
    Request Owner's contact information
    361 B St Oxnard, CA 93030
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    Oxnard, CA 93030
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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
    361 B St Oxnard, CA 93030
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