Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1601 Victoria Ave Ventura, CA 93035

    • Retail properties
    • 10,211 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1601 Victoria Ave

    Property size
    10,211 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    Seabridge Marina Center, located at 1601 Victoria Ave in Oxnard, California (zip code 93035), offers exceptional office space for lease. This Ventura County property boasts a total of 10,211 square feet, with a flexible layout suitable for multiple tenants. Currently, 7,995 square feet are vacant and available for immediate occupancy. The minimum divisible space is 1,175 square feet, while the maximum contiguous space available is 4,334 square feet. One specific space of 2,216 square feet is currently highlighted. The building is classified as retail and office, with a traditional office subtype. Amenities include elevators for convenient access to all floors. The property is situated in a prime location within Ventura County, offering easy access to local amenities and transportation. This is an excellent opportunity for businesses seeking modern, versatile office space in a thriving coastal California community. Interested parties should inquire about lease terms and availability. The property is conveniently located in Oxnard, CA, offering a blend of professional workspace and coastal living.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ventura
    County
    Ventura
    State
    California
    Longitude
    -119.223
    Latitude
    34.1846

    Comparable in this City

    • Value Estimation by Request
      2,620 SF

      2909 Ocean Dr

      Medical offices • 2,620 SF
      2909 Ocean Dr, Oxnard, CA 93035
      View Details
    • Value Estimation by Request
      1,038 SF

      4310 Tradewinds Dr Ste, Unit 500

      CONDOMINIUM OFFICES • 1,038 SF
      4310 Tradewinds Dr Ste, Oxnard, CA 93035-1412
      View Details
    • Value Estimation by Request
      983 SF

      4310 Tradewinds Dr Ste, Unit 700

      CONDOMINIUM OFFICES • 983 SF
      4310 Tradewinds Dr Ste, Oxnard, CA 93035-1414
      View Details
    • Value Estimation by Request
      1,549 SF

      4310 Tradewinds Dr Ste, Unit 800

      CONDOMINIUM OFFICES • 1,549 SF
      4310 Tradewinds Dr Ste, Oxnard, CA 93035-1415
      View Details
    • Value Estimation by Request

      3500 Harbor Blvd

      Individual retail properties
      3500 Harbor Blvd, Oxnard, CA 93035
      View Details
    • Value Estimation
      $685,000
      3,038 SF

      4308 Tradewinds Dr

      CONDOMINIUM OFFICES • 3,038 SF
      4308 Tradewinds Dr, Oxnard, CA 93035-1404
      View Details

    Similar Nearby for Sale

    • $2,995,000
      2,500 SF

      Prime Oxnard Office Building

      Ocean View Office, 2,500 sq ft
      105 Los Altos St, Oxnard, CA 93035
      View Details
    • $2,995,000

      Commercial Building with Ocean Views

      Two-story commercial building in Oxnard with ocean views and parking.
      105 Los Altos St, Oxnard, CA 93035
      View Details
    • $2,989,500

      Beachfront Duplex in Hollywood Beach

      Duplex on the sand with ocean views in Hollywood Beach.
      3025 Ocean Dr, Oxnard, CA 93035
      View Details
    • $725,000

      Single-Level Condo Near Mandalay Beach

      Updated single-level condo in gated community near Mandalay Beach.
      2384 Vina Del Mar, Oxnard, CA 93035
      View Details
    • $1,050,000

      Highland Drive Specialty Property

      Specialty property available for sale in Oxnard, California.
      387 Highland Dr, Oxnard, CA 93035
      View Details
    • $425,000
      Pending

      Residential Land Near Beaches

      Land with duplex plans, near beaches, harbor, and marina.
      911 Dunes St, Oxnard, CA 93035
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      2,620 SF

      Beachfront Office/Retail Space

      Hollywood Beach gem: Ocean views, versatile space.
      2909 Ocean Dr, Oxnard, CA 93035
      View Details
    • $20 SF/Yr
      1,012 SF

      Oxnard Retail Space: 1012 SF

      Prime Oxnard retail space, ideal for fitness businesses.
      1651 Victoria Ave, Oxnard, CA 93035
      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.
    1601 Victoria Ave
    Ventura, CA 93035
    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

    Google sign-in failed. Please try again or use another login method.