Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1850 1000th Oaks Blvd Thousand Oaks, CA 91362-2911

    • Medical Office Space
    • 5,073 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimations
    $1,215,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1563716
    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

    • Medical Office Space

    Property Details for 1850 1000th Oaks Blvd

    Year built
    1970
    Lot size
    0.49 lot acres
    Property size
    5,073 SF
    Zone code
    C2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    670-0-182-200
    APU
    6700182200

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,260,000
      6.5%
      $1,165,000
      7%
      $1,080,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,470,000
      Market price range: $936k - $2.90M
      AI Estimate
      $1,015,000
      Market price range: $488k - $2.05M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,930,000
      Current use
      AUTO REPAIR, GARAGE
      $1,900,000
      Change: -1% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,705,000
      Change: -12% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Thousand Oaks
    County
    Ventura
    State
    California
    Longitude
    -118.85
    Latitude
    34.1765
    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
    $17,707
    $1,105,677
    $576,870
    $1,682,547
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,466 SF

      2920-2940 Thousand Oaks Blvd

      Medical Office Space • 3,466 SF
      2920-2940 Thousand Oaks Blvd, Thousand Oaks, CA 91362
      View Details
    • Value Estimation by Request
      8,000 SF

      179 Auburn Ct

      Medical Office Space • 8,000 SF
      179 Auburn Ct, Thousand Oaks, CA 91362
      View Details
    • Value Estimation by Request
      1.45 Acres

      45 Erbes Rd

      HOMES (RETIRED, NURSING) • 1.45 Acres
      45 Erbes Rd, Thousand Oaks, CA 91362-5802
      View Details
    • Value Estimation by Request
      4.77 Acres

      150 Via Merida

      HOMES (RETIRED, NURSING) • 4.77 Acres
      150 Via Merida, Westlake Village, CA 91362-3816
      View Details
    • Value Estimation by Request
      505 SF

      128 Auburn Ct Ste, Unit 107

      CONDOMINIUM OFFICES • 505 SF
      128 Auburn Ct Ste, Westlake Village, CA 91362-3663
      View Details
    • Value Estimation
      $16,960,000
      49,795 SF

      31121 Via Colinas

      OFFICE BUILDING • 49,795 SF
      31121 Via Colinas, Westlake Village, CA 91362-3926
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Furnished Office in Medical Complex

      Private, furnished office space suitable for therapy or counseling.
      128 Auburn Ct, Thousand Oaks, CA 91362
      View Details
    • $700,000

      Westlake Village Office Condo Investment

      Prime first-floor office condo in Westlake Village, now available.
      141 Duesenberg Dr, Thousand Oaks, CA 91362
      View Details
    • New
      $700,000
      1,647 SF

      Westlake Village Office Condo Investment

      Prime first-floor office condo in Westlake Village, California.
      141 Duesenberg Dr, Thousand Oaks, CA 91362
      View Details
    • $28,280,000
      113,122 SF

      Westlake Village Flex Building Opportunity

      Vacant flex building in Westlake Village for sale.
      4553 La Tienda Rd, Westlake Village, CA 91362
      View Details
    • Contact for pricing

      Westlake Village Industrial Facility

      16,500 sq ft industrial facility with development potential.
      Westlake Village, CA 91362
      View Details
    • $3,900,000

      Westlake Village Office Building

      Office building for sale in Westlake Village, California.
      31351 Via Colinas, Westlake Village, CA 91362
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,466 SF

      Oaks Plaza Medical Office Space

      Prime Thousand Oaks Medical/Retail Space
      2920-2940 Thousand Oaks Blvd, Thousand Oaks, CA 91362
      View Details
    • Contact for pricing

      Medical/Retail Space for Lease

      Versatile space suitable for medical or retail tenants.
      2920-2940 E Thousand Oaks Blvd, Thousand Oaks, CA 91362
      View Details
    • Contact for pricing
      98,696 SF

      Class A Life Science Building

      Purpose-built lab space in amenity-rich Thousand Oaks location.
      120 Via Vis South, Thousand Oaks, CA 91362
      View Details
    • $24 SF/Yr
      23,860 SF

      Westlake Atrium Executive Suites

      Prime Westlake Office Space Available
      31225 La Baya Dr, Westlake Village, CA 91362
      View Details
    • $2 SF/Yr
      5,000 SF

      Thousand Oaks Office Space

      5,000 square foot office space available for rent.
      2072 East Avenida De Los Arboles, Thousand Oaks, CA 91362
      View Details
    • $28 SF/Yr
      99,463 SF

      Westlake Village Executive Office Space

      Class A Office, 99,463 SF Available
      5601 Lindero Canyon Rd, Westlake Village, CA 91362
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1850 1000th Oaks Blvd
    Thousand Oaks, CA 91362-2911
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!