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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Strip malls
204 Main St, Ventura, CA 93001-2623
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US10-1008657
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1887
Lot
0.13 ac (5,662 SF)
Zoning code
DC
APN
073-0-031-170
UPID
US10-1008657
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
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Xus LP · 10 yrs held
Xus LP
since 2016
7 recorded transactions
Zoning & alternative use
DC · Ventura, 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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
—
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
$19,004
Tax year 2023
Assessed value
$1,261,000
Assessed 2024
Previous assessed
$1,599,000
-21.1% YoY
Effective rate
1.51%
On assessed value
Assessed land
$281,141
Assessed improvement
$979,859
Applied tax rate
5.0000
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
1887
Heating
NONE
Lot
0.13 ac (5,662 SF)
Zoning code
DC
APN
073-0-031-170
UPID
US10-1008657
Jurisdiction
VENTURA
Zoning & alternative use
DC · Ventura, CA
Zoning DC · permitted uses
DC · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1887
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
Xus LP
Entity
Mailing address
PO BOX 23277, VENTURA, CA 93002-3277
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jun 22, 2016
—
Xus LP
—
Deed
related
$1,200,000 · Citizens Business Bank
May 2, 2016
—
Xus LP
Jonker Investments LP
Quit Claim Deed
related
—
Nov 16, 2015
$1,600,000
Jonker Investments LP
Cougar Investments LLC
Grant Deed
$1,203,437 · Cougar Investments LLC
Feb 7, 2014
$1,225,000
Cougar Investments LLC
Kl Equities LLC
Grant Deed
$1,241,200 · Sterling Savings Bank
Dec 8, 1997
$432,000
Kl Equities LLC
San Buenaventura City (ca)
Grant Deed
related
$200,000 · American Commercial Bank
—
—
Kl Equities LLC
—
Deed Of Trust
related
—
—
—
Kl Equities LLC
—
Deed Of Trust
related
$752,500 · Mid-state Bank & Trust Co
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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