Property profile

4573 Ventura Ave Ventura, CA 93001

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 2.9-acre vacant lot in Ventura, CA (93001), boasts a prime location on Ventura Avenue and Highway 33 (Ojai Freeway), enjoying nearly 900 feet of freeway frontage and approximately 850 feet of Ventura Avenue frontage. The property's high visibility ensures significant exposure to the approximately 35,000 vehicles passing daily. Currently zoned M-2 (Limited Industrial), it presents an excellent opportunity for owner-users or investors. Entitlements are underway for a 100-space RV park, complete with a 1500-square-foot office and manager's apartment. This development potential adds considerable value. The asking price is $3,650,000. Note that a previously existing billboard is no longer included in the sale, but is available separately for an additional $766,665. This property offers substantial potential for various industrial uses, capitalizing on its exceptional location and high traffic volume. The land is ready for immediate M-2 development.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4573 Ventura Ave Ventura, CA 93001
Ventura metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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