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Property profile & analytics
OFF-MARKET
Estimated value
$5,070,000
Office buildings
171 1000th Oaks Blvd Thousand Oaks, CA 91360-5712
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1741222
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Total area
15,980 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C2
APN
669-0-040-255
UPID
US10-1741222
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
$5.39M
CAP Approach
CAP
$6.07M
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$5.07M
Owner & transaction history
171 Thousand Oaks Blvd LLC · 3 yrs held
171 Thousand Oaks Blvd LLC
since 2022
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
C2 · Thousand Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.7M
+5.8%
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 Thousand Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thousand Oaks 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
Method
Estimation
Statistic approach
$5,085,000
ML approach
$5,390,000
CAP Approach
CAP Return
Estimation
6%
$6,575,000
6.5%
$6,070,000
7%
$5,635,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,300,000
Current use
RESTAURANT
$7,725,000
Change: +6% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,695,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,690,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$6,075,000
Change: -17% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,985,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$5.07M
Range $4.56M – $5.58M · ±10% · vs last sale $4.90M (Nov 8 2022)
Last sale anchor
$4.90M
Nov 8 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$317 / 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
$52,053
Tax year 2023
Assessed value
$4,998,000
Assessed 2024
Previous assessed
$4,900,000
+2.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$2,448,000
Assessed improvement
$2,550,000
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Heating
NONE
Total area
15,980 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C2
APN
669-0-040-255
UPID
US10-1741222
Jurisdiction
VENTURA
Zoning & alternative use
C2 · Thousand Oaks, CA
Zoning C2 · permitted uses
C2 · Thousand Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thousand Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.3M
RESTAURANT
Est. value
$7.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.7M
INDUSTRIAL (GENERAL)
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$6.0M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Lot
0.95 ac
Current owner
From public records · entity-resolved
171 Thousand Oaks Blvd LLC
Entity
Mailing address
3155 OLD CONEJO RD, THOUSAND OAKS, CA 91320-2151
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2022
$4,900,000
171 Thousand Oaks Blvd LLC
Thousand Oaks Investments LLC
Grant Deed
$2,705,500 · Wells Fargo Bank NA
Nov 8, 2022
—
171 Thousand Oaks Blvd LLC
—
Deed
related
$1,762,000 · Business Finance Capital
May 17, 2016
—
Thousand Oaks Investments LLC
—
Deed
related
—
Sep 10, 1998
$1,500,000
Thousand Oaks Investments LLC
Mfp LP
Grant Deed
$1,050,000 · Wells Fargo Bank
Sep 21, 1993
—
Redevelopment Agency Thousand L
Mandler Trust
Trustees Deed
related
—
—
—
Thousand Oaks Investments LLC
—
Deed Of Trust
related
$3,115,000 · Foothill Independent Bank
—
—
Mandler Sydney
—
Deed Of Trust
related
$50,000 · Los Robles National Bank
—
—
Thousand Oaks Investments LLC
—
Loan Modification
related
—
—
—
Thousand Oaks Investments LLC
—
Deed Of Trust
related
$1,450,000 · Foothill Independent Bank
—
—
Mfp LP
—
Deed Of Trust
related
$145,000 · Individual
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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