1587 Morse Ave Ventura, CA 93003
- Industrial properties
- 10,242 SF
- 0.54 lot acres
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
-
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