Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,170,000
Strip malls
1717 Simi Town Ctr Way Simi Valley, CA 93065-8405
Entity Owned
3-yr Hold
Free & Clear
Property ID
US10-1464718
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2011
Total area
14,511 SF
Lot
1.31 ac (57,063 SF)
APN
612-0-250-095
UPID
US10-1464718
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
Current use
Occupant on record · Public records
-
Eddy Milanes & Oscar Silva Real Estate Group Real Estate Agency
-
Jennifer Friedman, Realtor ~ Re/Max One Real Estate Agency
-
Healing Touch Alternative Medicine Practice Spa & Massage Center
-
Mike Lefton Realty Group - RE/MAX ONE Real Estate Agency
-
Larry Watson, Top Producing Realtor Simi Valley CA, Moorpark CA, RE/MAX Simi Valley CA, RE/MAX Moorpark CA Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.17M
Owner & transaction history
S & S R Simi LLC · 3 yrs held
S & S R Simi LLC
since 2023
Last sale
$7.0M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+15.3%
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 Simi Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simi Valley 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
$7,315,000
ML approach
$7,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,080,000
Current use
RESTAURANT
$7,015,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$5,545,000
Change: -9% · Conversion: Moderate
MEDICAL BUILDING
$5,520,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,435,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,880,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$7.17M
Range $6.45M – $7.89M · ±10% · vs last sale $6.95M (May 3 2023)
Last sale anchor
$6.95M
May 3 2023
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
$494 / 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
$76,079
Tax year 2023
Assessed value
$7,230,780
Assessed 2024
Previous assessed
$7,089,000
+2.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,664,640
Assessed improvement
$5,566,140
Applied tax rate
9.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2011
Heating
NONE
Total area
14,511 SF
Lot
1.31 ac (57,063 SF)
APN
612-0-250-095
UPID
US10-1464718
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.1M
RESTAURANT
Est. value
$7.0M
OFFICE BUILDING
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2011
Heating
NONE
Lot
1.31 ac
Current owner
From public records · entity-resolved
S & S R Simi LLC
Entity
Free & Clear · 3 yrs held
Mailing address
22438 S SMT RDG CIR, CHATSWORTH, CA 91311-2693
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
—
S & S R Simi LLC
S & R Nordhoff LLC
Intrafamily Transfer
related
—
Apr 1, 2022
$6,950,000
S & R Nordhoff LLC
Manios Properties II LLC
Grant Deed
$4,170,000 · Manios Properties II LLC
Mar 3, 2017
—
Manios Properties II LLC
Manios Family Trust
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1717 Simi Town Ctr Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
