Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,480,000
Super regional malls
197 Moorpark Rd Thousand Oaks, CA 91360-4401
Entity Owned
Absentee Owner
Free & Clear
Property ID
US10-1449851
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1995
Total area
62,950 SF
Lot
0.72 ac (31,363 SF)
Zoning code
C3
APN
525-0-030-480
UPID
US10-1449851
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
-
Gold's Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.68M
Blend (final)
Blend
$7.48M
Owner & transaction history
Terracotta Twelve LLC
Terracotta Twelve LLC
since 2025
7 recorded transactions
Zoning & alternative use
C3 · Thousand Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.48M
Range $6.73M – $8.23M · ±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
$119 / 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
$247,001
Tax year 2023
Assessed value
$5,980,508
Assessed 2024
Previous assessed
$5,275,008
+13.4% YoY
Effective rate
4.13%
On assessed value
Assessed land
$1,568,147
Assessed improvement
$4,412,361
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1995
Heating
NONE
Total area
62,950 SF
Lot
0.72 ac (31,363 SF)
Zoning code
C3
APN
525-0-030-480
UPID
US10-1449851
Jurisdiction
VENTURA
Zoning & alternative use
C3 · Thousand Oaks, CA
Zoning C3 · permitted uses
C3 · 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.
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
0.72 ac
Current owner
From public records · entity-resolved
Terracotta Twelve LLC
Entity
Free & Clear · 0 yrs held
Mailing address
15 W 6TH ST STE #2400, TULSA, OK 74119-5417
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
—
Terracotta Twelve LLC
—
Deed
related
$45,000,000 · Charney Capital LLC
Oct 3, 2025
$64,403,320
Terracotta Twelve LLC
Thousand Oaks Marketplace LP
Trust Deed
related
—
Jul 19, 2024
—
Terracotta Credit Reit LLC
—
Deed
related
$84,735,967 · Terracotta Five LLC
Oct 24, 2022
—
Thousand Oaks Marketplace LP
—
Deed
related
$84,735,967 · Terracotta Credit Reit LLC
May 2, 2019
—
Thousand Oaks Marketplace LP
—
Grant Deed
related
$68,640,000 · A10 Cap
Aug 11, 2003
—
Thousand Oaks Marketplace LP
Warner Center Enterprises Ltd
Trustees Deed
$35,750,000 · Gmac Commercial Mortgage Corp
Nov 15, 2001
—
Janss Marketplace LLC
—
Deed Of Trust
related
$17,500,000 · China Trust Bank USA
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 197 Moorpark Rd?
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.