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    2655 Saviers Rd Oxnard, CA 93033

    • Shopping malls
    • 378,578 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • GameStop / Video Game Store / Cell Phone Store
    • Blu Wireless LLC / Cell Phone Store
    • CenterPointMall / Shopping Mall
    • EcoATM / Cell Phone Store / Electronics Vending Machine
    • Denzel's Garage Door & Gates / Garage Door Supplier

    Property Details for 2655 Saviers Rd

    Property size
    378,578 SF
    Property type
    Shopping malls
    Property subtype
    Retail properties

    Description

    Centerpoint Mall presents a significant retail opportunity within Ventura County's thriving commercial sector. This ±378,578 square foot regional shopping center enjoys a highly visible location at the "main on main" intersection of Saviers Road and West Channel Islands Boulevard in Oxnard, situated on the city's commercial super block. The center boasts a well-designed site plan and a balanced tenant mix of national and regional retailers and restaurants. Available spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 40,000 square feet, with a prominent anchor space of 20,970 square feet currently available for lease. The property benefits from exceptional demographics, showcasing an average household income exceeding $84,212. Furthermore, the location experiences robust traffic counts, with 55,541 cars per day traversing the Saviers Road and West Channel Islands Boulevard intersection. Strong anchor tenants, including Walmart, dd's Discounts, Superior Grocers, and Dollar Tree, provide a significant draw for shoppers and contribute to a vibrant and successful retail environment. This is an exceptional opportunity to establish or expand a retail presence in a high-traffic, high-income area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.179
    Latitude
    34.1756

    Comparable in this City

    • Value Estimation
      $540,000
      8,279 SF

      2141 Channel Iss Blvd

      SHOPPING CENTER, STRIP CENTER • 8,279 SF
      2141 Channel Iss Blvd, Oxnard, CA 93033
      View Details
    • Value Estimation
      $310,000
      6,500 SF

      Saviers Rd

      SHOPPING CENTER, STRIP CENTER • 6,500 SF
      Saviers Rd, Oxnard, CA 93033
      View Details
    • Value Estimation
      $335,000
      6,616 SF

      2831 Saviers Rd

      REGIONAL SHOPPING CENTER, MALL • 6,616 SF
      2831 Saviers Rd, Oxnard, CA 93033-4515
      View Details
    • Value Estimation by Request
      6,650 SF

      3600 Saviers Rd

      Lifestyle centers • 6,650 SF
      3600 Saviers Rd, Oxnard, CA 93033
      View Details
    • Value Estimation by Request
      53,321 SF

      4917 Rose Ave

      Lifestyle centers • 53,321 SF
      4917 Rose Ave, Oxnard, CA 93033
      View Details
    • Value Estimation
      $515,000
      1,233 SF

      1351 Channel Iss Blvd

      SHOPPING CENTER, STRIP CENTER • 1,233 SF
      1351 Channel Iss Blvd, Oxnard, CA 93033-4203
      View Details

    Similar Nearby for Sale

    • $2,400,000

      Retail Suites on Saviers Road

      Retail suites available for sale on Saviers Road.
      3600-3612 Saviers Rd, Oxnard, CA 93033
      View Details
    • $3,500,000

      Oxnard Mixed-Use Redevelopment Opportunity

      38,224 SF lot with redevelopment potential in Oxnard.
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    • $550,000

      Commercial Building on Saviers Road

      Spacious commercial building with retail zoning and high visibility.
      2010 Saviers Rd, Oxnard, CA 93033
      View Details
    • $550,000

      Commercial Building on Saviers Road

      Spacious retail building with high visibility on a busy road.
      2010-2016 Saviers Rd, Oxnard, CA 93033
      View Details
    • $2,500,000

      Established Auto Shop on Saviers

      Fully equipped auto shop and land for sale.
      4160 Saviers Rd, Oxnard, CA 93033
      View Details
    • $315,000

      Established Meat Market Business Opportunity

      Profitable meat market business for sale with established clientele.
      3801 Saviers Rd, Oxnard, CA 93033
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      41,455 SF

      Oxnard Retail Space For Lease

      Prime Retail Space, High Traffic Area
      4751 Rose Ave, Oxnard, CA 93033
      View Details
    • $2 SF/Yr
      26,061 SF

      Retail Space Available for Lease

      Retail property with 26,061 square feet available for lease.
      1331 W Channel Islands Blvd, Oxnard, CA 93033
      View Details
    • $1.00 SF/Yr
      80,915 SF

      Retail Space in Manor Center

      Retail space available in a shopping center with ample parking.
      213 W Pleasant Valley Rd, Oxnard, CA 93033
      View Details
    • $22 SF/Yr
      7,872 SF

      Oxnard Medical Office Space for Lease

      Prime Ventura County location, 1,500 SF available.
      2035-2045 Saviers Rd, Oxnard, CA 93033
      View Details
    • $11 SF/Yr
      5,138 SF

      Prime Oxnard Executive Office Space

      5,138 SF Executive Suite Available
      741 Arcturus Ave, Oxnard, CA 93033
      View Details
    • $1.00 SF/Yr
      51,488 SF

      Channel Islands Business Park

      Industrial/Flex space for lease, ideal for R&D/Lab use.
      Channel Is Business Park, Oxnard, CA 93033
      View Details
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    2655 Saviers Rd
    Oxnard, CA 93033
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    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
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