Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    891 Ventura Ave Oak View, CA 93022
    Property profile & analytics

    891 Ventura Ave, Oak View, CA 93022

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Honey Collective / Specialty Food Shop
    • Affordable Heating & AC Repair / Hardware & Home Improvement / HVAC Service
    • Casa de Lago / Restaurant

    Property Details for 891 Ventura Ave

    Property type
    Retail properties & Spaces

    Description

    This exceptional 530-square-foot retail triplex, located at 891 N Ventura Ave in Oak View, California (zip code 93022), presents a unique investment opportunity. Situated in Ventura County, this single-tenant property offers a versatile space perfect for a variety of retail businesses. The property's convenient location within Oak View provides excellent visibility and accessibility for customers. The triplex configuration offers potential for expansion or multiple income streams. With its prime location and attractive square footage, this property is an excellent choice for both owner-occupants seeking a thriving business location and investors looking for a strong return on investment. The property is classified as retail and is a single-tenant space. Its precise geographic coordinates are latitude 34.4000701 and longitude -119.3000085. This turnkey opportunity is ready for immediate occupancy and presents a rare chance to acquire a well-situated retail property in a desirable Ventura County location. The property is easily accessible and benefits from high visibility, making it an attractive proposition for businesses seeking a strong foothold in the Oak View market. Serious inquiries are encouraged to explore this exceptional retail investment. The property is designated as Suite C.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak View
    County
    Ventura
    State
    California
    Longitude
    -119.3
    Latitude
    34.4001

    Comparable in this City

    • Value Estimation
      $535,000
      5,440 SF

      545 Ventura Ave

      AUTO REPAIR, GARAGE
      545 Ventura Ave, Oak View, CA 93022-9651
      View Details
    • Value Estimation by Request
      492 SF

      62 Bundren St

      CAR WASH
      62 Bundren St, Oak View, CA 93022-9606
      View Details
    • Value Estimation by Request
      2,820 SF

      595 Ventura Ave

      SHOPPING CENTER, STRIP CENTER
      595 Ventura Ave, Oak View, CA 93022-9641
      View Details
    • Value Estimation
      $615,000
      3.66 Acres

      255 Burnham Rd, Unit 259

      MOBILE HOME PARK, TRAILER PARK
      255 Burnham Rd, Oak View, CA 93022-9327
      View Details
    • Value Estimation by Request
      0.68 Acres

      414 Riverside Rd

      INDUSTRIAL - VACANT LAND
      414 Riverside Rd, Oak View, CA 93022-9311
      View Details
    • Value Estimation
      $695,000
      2,930 SF

      240 Riverside Rd

      INDUSTRIAL (GENERAL)
      240 Riverside Rd, Oak View, CA 93022-9310
      View Details

    Similar Nearby for Sale

    • $800,000

      Established Liquor Store & Property

      Well-established liquor store and property for sale in Oak View.
      690 N Ventura Ave Ave, Oak View, CA 93022
      View Details
    • $800,000

      Established Liquor Store & Property

      Liquor store and property for sale in Ojai Valley.
      690 N Ventura Ave Ave, Oak View, CA 93022
      View Details
    • $995,500

      Oak View Retail Investment

      Retail property in Oak View, CA, great investment opportunity.
      710 North Ventura Ave, Oak View, CA 93022
      View Details
    • $499,000
      101,059.00 Acres

      Large Residential Parcel in Oak View

      Residential land in Saddle Mountain Estates with panoramic views.
      265 Encino Dr, Oak View, CA 93022
      View Details
    • $997,000
      1,650 SF

      Oak View Residential Income Property

      Two homes on a corner lot with separate entrances.
      386 Larmier Ave, Oak View, CA 93022
      View Details
    • Contact for pricing

      Two-Home Corner Lot Income Property

      Two separate residences with private yards provide flexible living or rental options on a single corner lot.
      386 Larmier Ave, Oak View, CA 93022
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    891 Ventura Ave
    Oak View, CA 93022
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    891 Ventura Ave, Oak View, CA, 93022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!