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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Drive through restaurants
1140 1000th Oaks Blvd Thousand Oaks, CA 91362-2815
Entity Owned
3-yr Hold
Free & Clear
Property ID
US10-1571054
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1970
Total area
1,950 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C2
APN
670-0-041-115
UPID
US10-1571054
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$890k
Blend (final)
Blend
$1.26M
Owner & transaction history
Aryata LLC · 3 yrs held
Aryata LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C2 · Thousand Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Thousand Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thousand Oaks submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,275,000
ML approach
$1,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$940,000
Current use
OFFICE BUILDING
$890,000
Change: -5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $1.23M (Dec 8 2022)
Last sale anchor
$1.23M
Dec 8 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$644 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,067
Tax year 2023
Assessed value
$1,339,240
Assessed 2024
Previous assessed
$1,227,000
+9.1% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$319,240
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1970
Heating
NONE
Rooms
7
Total area
1,950 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C2
APN
670-0-041-115
UPID
US10-1571054
Jurisdiction
VENTURA
Zoning & alternative use
C2 · Thousand Oaks, CA
Zoning C2 · permitted uses
C2 · Thousand Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thousand Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$940,000
OFFICE BUILDING
Est. value
$890,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$815,000
RESTAURANT Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Rooms
7
Lot
0.36 ac
Current owner
From public records · entity-resolved
Aryata LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5809 KANAN RD, AGOURA HILLS, CA 91301-1651
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2023
—
Aryata LLC
—
Deed
related
$375,000 · First Citizens Bank & Trust Co
Dec 8, 2022
$1,227,000
Aryata LLC
Obc Thousand Oaks LLC
Grant Deed
—
Dec 7, 2022
—
Obc Thousand Oaks LLC
—
Deed
related
$988,252 · Brad Moss
Sep 17, 2021
$850,000
Obc Thousand Oaks LLC
Richard John Melickian
Grant Deed
—
Nov 9, 2018
—
Cromley,l Living Trust
Cromley,lori S
Quit Claim Deed
—
Dec 6, 2006
$27,000
Jeffrey F Ralph
Cash,shannon H
Quit Claim Deed
related
—
Jan 19, 1995
$18,000
Richard Melickian
Cash,david T
Grant Deed
—
Jan 10, 1995
$11,500
Richard Melickian
Cash,deborah
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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