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Property profile & analytics
FOR LEASE
Office buildings
1889 N Rice Ave Oxnard, CA 93030
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-1471233
For Lease
1 / 5
$28.80 SF/Yr
1889 N Rice Ave, Oxnard, CA 93030
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Property summary
AI-generated overview
This exceptional executive office building, located at 1889 N Rice Ave in Oxnard, California, 93030, offers a variety of flexible spaces for lease. Built in 1999, this two-story building boasts a total of 39,028 square feet, with a generous amount of currently vacant space totaling 11,334 square feet. The building is zoned BRP and is situated in Ventura County. Multiple tenancy options are available, with suites ranging from a minimum of 2,113 square feet to a maximum contiguous space of 9,221 square feet, providing ample room for businesses of various sizes. The property features convenient amenities including elevators and ample parking, with a ratio of 3.81 spaces per 1,000 square feet. This well-maintained building presents a fantastic opportunity for businesses seeking a modern and efficient workspace in a desirable Oxnard location. The property's strategic location offers easy access to major transportation routes and local amenities. Contact us today to learn more about leasing opportunities and explore how this prime office space can meet your business needs.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
35,314 SF
Lot
2.64 ac (114,998 SF)
Zoning code
BRP
APN
213-0-070-115
UPID
US10-1471233
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
-
Easterseals Charitable Organization Social Service Agency
-
Robert J. Joseph ll, DPM - Younique Surgery Center + Medical Spa Oxnard Physician
-
Licensing & Certification Public Health Department
-
Refuse Specialists Waste Management Facility
-
Commercial Loans Oxnard CA Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.05M
Comparable Approach
Comparable
$5.88M
Blend (final)
Blend
$9.04M
Owner & transaction history
Rice Holdings LLC · 9 yrs held
Rice Holdings LLC
since 2017
7 recorded transactions
Zoning & alternative use
BRP · Oxnard, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$14.8M
+9.7%
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 Oxnard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxnard 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,890,000
6.5%
$10,050,000
7%
$9,335,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,495,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$14,800,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,230,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$9.04M
Range $8.14M – $9.94M · ±10%
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
$256 / 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
$98,431
Tax year 2023
Assessed value
$8,306,152
Assessed 2024
Previous assessed
$8,143,287
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,617,007
Assessed improvement
$5,689,145
Applied tax rate
3.0000
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
For Lease
Year built
1999
Heating
NONE
Total area
35,314 SF
Lot
2.64 ac (114,998 SF)
Zoning code
BRP
APN
213-0-070-115
UPID
US10-1471233
Jurisdiction
VENTURA
Zoning & alternative use
BRP · Oxnard, CA
Zoning BRP · permitted uses
BRP · Oxnard, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oxnard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$13.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.8M
AUTO REPAIR, GARAGE
Est. value
$13.2M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Heating
NONE
Lot
2.64 ac
Current owner
From public records · entity-resolved
Rice Holdings LLC
Entity
Mailing address
13161 TELFAIR AVE, SYLMAR, CA 91342-3574
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2021
—
Rice Holdings LLC
—
Deed
related
$6,000,000 · Umpqua Bank
Jan 11, 2018
—
Rice Holdings LLC
—
Deed
related
$4,450,000 · Kinecta FCU
Feb 7, 2017
$7,300,000
Rice Holdings LLC
Cofat Venture LP
Grant Deed
$4,400,000 · Pacific City Bank
Dec 23, 2016
—
Cofat Venture LP
—
Deed
related
$5,101,286 · Private Individual
Dec 4, 2006
—
Cofat Venture
Owner Name Unavailable
Grant Deed
—
Sep 6, 2001
$296,500
Margaret Dastrup
Westpacone INC
Grant Deed
$237,100 · North American Mortgage
May 8, 2001
—
Amer Plaza First
Doubl
Grant Deed
related
—
Mar 29, 2001
$450,000
Thomas N Shoden
Western Pacific Hsng-dos Vient
Grant Deed
$150,000 · Wells Fargo Home Mortgage INC
Jan 3, 2001
—
Doublehigh Financial
—
Deed Of Trust
related
$4,000,000 · Western Financial Savings Bank
—
—
First American Plaza
—
Deed Of Trust
related
$3,800,000 · Prudential Mortgage Capital Co
—
—
Cofat Venture LP
—
Deed Of Trust
related
$5,101,286 · Private Individual
—
—
Rice Holdings LLC
—
Deed Of Trust
related
$4,450,000 · Kinecta FCU
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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