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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1150 Paseo Camarillo Camarillo, CA 93010-6073

    • Office buildings
    • 8,984 SF
    • 1.50 lot acres
    OFF-MARKET
    Last Sale
    May 26, 2023
    $4,591,500
    Value Estimations
    $4,950,000
    Show details
    Cap Rate Potential
    3.5%
    Office buildings
    Location Intelligence
    Property ID
    US10-1627004
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banc of California / Non-Profit Organization / Bank

    Property Details for 1150 Paseo Camarillo

    Year built
    1981
    Lot size
    1.50 lot acres
    Property size
    8,984 SF
    Zone code
    PO
    Property type
    Office buildings
    APN
    165-0-460-055
    APU
    1650460055

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,830,000
      ML approach
      $4,900,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,315,000
      Market price range: $1.06M - $5.32M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,255,000
      Current use
      RESTAURANT
      $4,340,000
      Change: -17% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Camarillo
    County
    Ventura
    State
    California
    Longitude
    -119.055
    Latitude
    34.2204
    CBSA code
    37100
    CBSA name
    OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $56,049
    $1,896,382
    $3,225,155
    $5,121,537
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $475,000
      4,032 SF

      333 Lantana St

      OFFICE BUILDING • 4,032 SF
      333 Lantana St, Camarillo, CA 93010-9010
      View Details
    • Value Estimation
      $1,180,000
      64,455 SF

      770 Paseo Camarillo

      OFFICE BUILDING • 64,455 SF
      770 Paseo Camarillo, Camarillo, CA 93010-6095
      View Details
    • Value Estimation
      $1,155,000
      39,564 SF

      400 Ventura Blvd

      OFFICE BUILDING • 39,564 SF
      400 Ventura Blvd, Camarillo, CA 93010-9137
      View Details
    • Value Estimation
      $530,000
      18,793 SF

      360 Mobil Ave

      OFFICE BUILDING • 18,793 SF
      360 Mobil Ave, Camarillo, CA 93010-6325
      View Details
    • Value Estimation
      $760,000
      2,573 SF

      371 Mobil Ave

      OFFICE BUILDING • 2,573 SF
      371 Mobil Ave, Camarillo, CA 93010-6331
      View Details
    • Value Estimation
      $645,000
      12,366 SF

      2301 Daily Dr

      OFFICE BUILDING • 12,366 SF
      2301 Daily Dr, Camarillo, CA 93010-6613
      View Details

    Similar Nearby for Sale

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      Two-story office building with high visibility on US Hwy 101.
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      Camarillo Office Condos For Sale

      Office condos in a campus-like setting near medical facilities.
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      Camarillo Office, Prime Location, High Visibility
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      Office space available in Camarillo, suitable for owner-user or investment.
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    Similar Nearby for Lease

    • $2 SF/Yr
      72,723 SF

      Camarillo Class A Office Building

      Prominent office building in Camarillo Business Center campus.
      711 Daily Dr, Camarillo, CA 93010
      View Details
    • $1.35 SF/Yr
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      Camarillo Office Space Sublease

      Office space available for sublease in Camarillo, California.
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      View Details
    • $1.85 SF/Yr
      39 SF

      Camarillo Multi-Tenant Office Space

      Multi-tenant office space in central Camarillo location for lease.
      333 N Lantana St | Camarillo, Camarillo, CA 93010
      View Details
    • $19 SF/Yr
      19,534 SF

      Camarillo Office Space for Lease

      Prime Camarillo office suites available.
      155 Granada St, Camarillo, CA 93010
      View Details
    • $26 SF/Yr
      3,560 SF

      Camarillo Medical Office Suite

      Prime Camarillo medical office space available.
      888 Ventura Blvd, Camarillo, CA 93010
      View Details
    • $1.25 SF/Yr
      13,552 SF

      Camarillo Office Space Available

      Office space for lease in Camarillo, California.
      270-330 Skyway Dr, Camarillo, CA 93010
      View Details
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    Camarillo, CA 93010-6073
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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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