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Property profile & analytics
FOR LEASE
Industrial properties

1923 Eastman Ave Ventura, CA 93003

32,903 SF 1.05 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US10-0704119
Property summary
AI-generated overview

This exceptional 64,134 square foot multi-tenant property at 1923 Eastman Avenue in Ventura offers a unique blend of office and warehouse space. The building boasts a variety of configurations, suitable for diverse business needs. Seven individual spaces are currently available, ranging from 1,763 to 10,099 square feet. The adaptable layout includes a compelling mix of open-beam and open-bay office areas, complemented by numerous private offices and expansive window lines, maximizing natural light and creating a bright, productive work environment. The property's high-visibility location provides a significant opportunity for prominent signage, enhancing brand recognition. Ample on-site parking is included, ensuring convenient access for employees and clients. Situated in Ventura's burgeoning "South of Market Street" district, this property benefits from excellent accessibility, with easy on and off ramps to both the 101 Freeway and Highway 126, providing seamless connectivity throughout the region. The building's design caters to both traditional and modern office styles, making it ideal for a range of businesses, from high-tech startups to established companies seeking a unique and functional workspace. This is a rare opportunity to secure a prominent location in a thriving area with a versatile and well-maintained property. The combination of office and warehouse space provides unparalleled flexibility and efficiency for a variety of business operations.

Property profile
Verified
Property type Industrial properties
Use group MULTI-TENANT INDUSTRIAL BUILDING
Total area 32,903 SF
Lot 1.05 ac (45,738 SF)
APN 084-0-134-145
UPID US10-0704119
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
$885k
CAP Approach CAP
by Request
Comparable Approach Comparable
$989k
Blend (final) Blend
$940k
Owner & transaction history
Xus LP · 11 yrs held
Xus LP
since 2014
7 recorded transactions
2019
Price N/A
2017
Price N/A
2014
$5.1M
2004
$500,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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