Property profile & analytics
145 Hillcrest Dr Thousand Oaks, CA 91360-4214
- Super regional malls
- 63,312 SF
- 8.30 lot acres
OFF-MARKET
Last Sale
Oct 17, 2023
Oct 17, 2023
$27,500,000
Value Estimations
$27,535,000
Show details
Cap Rate Potential
4%
Super regional malls
Location Intelligence
Property ID
US10-1449864
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
- Western States Optical / Ophthalmologist / (Bike/Boat/Book/etc) Store
- Fontaine Lisa OD / Physician
- DSW Designer Shoe Warehouse / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
- Nordstrom Rack / Cosmetics Store / Department Store
- Sears Appliance Repair / Home Appliance Store
Property Details for 145 Hillcrest Dr
- Year built
- 2015
- Lot size
- 8.30 lot acres
- Property size
- 63,312 SF
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 525-0-054-030
- APU
- 5250054030
Description
This exceptional Class A retail shopping center, part of a larger 628,000 square foot development including the Janss Marketplace, offers two available spaces totaling 45,000 to 56,850 square feet. Strategically located in the heart of Thousand Oaks, across from The Oaks regional mall, this property boasts unparalleled visibility and accessibility. The convenient location offers easy access from the 101 Freeway, ensuring high traffic volume and customer convenience. The Collection at Janss features a large surface parking lot, eliminating parking hassles for both shoppers and employees. With a total building size of 172,008 square feet, this multiple-tenancy property provides a vibrant and thriving retail environment. Its superior location and impressive foot traffic, exceeding that of The Oaks regional mall on a per square foot basis, make this an exceptional investment opportunity for discerning businesses seeking high visibility and strong returns. The property's Class A designation reflects its superior construction, amenities, and overall quality. This is a rare chance to secure a prominent retail presence in one of Thousand Oaks' most desirable locations. Don't miss this opportunity to establish your business in a thriving retail hub.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $28,935,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $19,370,000
- 6.5%
- $17,880,000
- 7%
- $16,605,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $35,869,000
Market price range: $9.74M - $50.9M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $26,535,000 Current use
- RESTAURANT
- $30,595,000 Change: +15% Conversion: Difficult
- OFFICE BUILDING
- $28,920,000 Change: +9% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $26,510,000 Change: -0% Conversion: Difficult
- MEDICAL BUILDING
- $24,075,000 Change: -9% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $23,715,000 Change: -11% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $21,285,000 Change: -20% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Thousand Oaks
- County
- Ventura
- State
- California
- Longitude
- -118.88
- Latitude
- 34.1814
- 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
$763,467
$8,200,000
$16,800,000
$25,000,000
-
$0.00
$0.00
$0.00
