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Property profile & analytics

1587 Morse Ave Ventura, CA 93003

  • Industrial properties
  • 10,242 SF
  • 0.54 lot acres
Value Estimation
$450,000
Location Intelligence
Property ID
US10-1484686
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

  • Industrial properties

Property Details for 1587 Morse Ave

Year built
1977
Lot size
0.54 lot acres
Property size
10,242 SF
Zone code
M1
Property type
Industrial properties
APN
138-0-181-165
APU
1380181165

Description

This exceptional 1,748-square-foot traditional office space in Ventura, California, presents a fantastic opportunity for businesses seeking a well-appointed workspace. Located at 1587 Morse Ave, Ventura, CA 93003, this multi-tenant property offers a versatile layout ideal for various business needs. The space includes a large, open bullpen area perfect for collaborative work, complemented by three private offices providing individual workspaces or meeting rooms. Two restrooms ensure convenient access for employees and clients. Ample storage space is also available, addressing the organizational needs of any business. The property's strategic location offers easy access to major transportation arteries, including the 101 and 126 Freeways, minimizing commute times and enhancing logistical efficiency. Furthermore, its proximity to a variety of restaurants and shopping centers provides employees with convenient amenities and fosters a vibrant work environment. This Ventura County office space is ready for immediate occupancy. The property is situated in Ventura, California, within easy reach of local conveniences and major transportation routes. This is a traditional office space with multiple tenants.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $390,000
  • CAP approach

    CAP return
    Estimation
    6%
    $560,000
    6.5%
    $595,000
    7%
    $505,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $470,000
    Geo Method
    $585,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $505,000
    Retail
    $640,000
    Mixed-Use
    $510,000
    Hospitality
    $670,000
    Educational
    $675,000
    Residential Income
    $555,000
    Energy
    $515,000
    Income-Based Land
    $495,000
    Food Service
    $530,000

Location Insight

  • Map
  • Local Demand
City
Ventura
County
Ventura
State
California
Longitude
-119.244
Latitude
34.2593
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
$7,707
$248,615
$440,989
$689,604
-
$0.00
$0.00
$0.00
More about this property
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