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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Super regional malls
151 Esplanade Dr Oxnard, CA 93036-1101
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-0981839
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2001
Total area
22,259 SF
Lot
18.62 ac (811,087 SF)
APN
142-0-010-625
UPID
US10-0981839
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.44M
Owner & transaction history
Metlife Real Estate Lending LLC · 2 yrs held
Metlife Real Estate Lending LLC
since 2024
4 recorded transactions
Zoning & alternative use
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 Oxnard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxnard 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$110 / 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
$735,949
Tax year 2023
Assessed value
$60,712,836
Assessed 2024
Previous assessed
$59,522,388
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$13,445,449
Assessed improvement
$47,267,387
Applied tax rate
3.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2001
Heating
NONE
Total area
22,259 SF
Lot
18.62 ac (811,087 SF)
APN
142-0-010-625
UPID
US10-0981839
Jurisdiction
VENTURA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Lot
18.62 ac
Current owner
From public records · entity-resolved
Metlife Real Estate Lending LLC
Entity
Mailing address
9950 JEFFERSON BLVD STE #2, CULVER CITY, CA 90232-3531
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
—
Metlife Real Estate Lending LLC
Tuvf Esplanade LLC
Assignment Of Lease (leasehold Sale)
$54,000,000 · Metlife Real Estate Lending LLC
Sep 25, 2018
$95,000,000
G&1 Ix Espalnade Property LP
Californa Property Owner 1 LLC
Grant Deed
—
Jul 19, 2011
—
California Prop Owner I LLC
—
Deed Of Trust
related
$120,000,000 · J P Morgan Chase Bank
Oct 23, 2003
—
Centro Watt Operating Ptshp Ll
—
Deed Of Trust
related
$278,000,000 · Commonwealth Bank Australia Tt
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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