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    Property profile & analytics

    2311 Oxnard Blvd Oxnard, CA 93036-2065

    • Strip malls
    • 64,688 SF
    • 5.47 lot acres
    OFF-MARKET
    Last Sale
    Sep 22, 2022
    $22,100,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0981841
    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

    • Strip malls

    Property Details for 2311 Oxnard Blvd

    Year built
    1988
    Lot size
    5.47 lot acres
    Property size
    64,688 SF
    Zone code
    C2PD
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    139-0-270-045
    APU
    1390270045

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.179
    Latitude
    34.2272
    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
    $259,951
    $7,242,000
    $15,403,100
    $22,645,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $685,000
      19,410 SF

      111 Gonzales Rd

      SHOPPING CENTER, STRIP CENTER • 19,410 SF
      111 Gonzales Rd, Oxnard, CA 93036-8259
      View Details
    • Value Estimation
      $1,120,000
      101,460 SF

      2600 Vineyard Ave

      SHOPPING CENTER, STRIP CENTER • 101,460 SF
      2600 Vineyard Ave, Oxnard, CA 93036-1615
      View Details
    • Value Estimation
      $1,065,000
      40,078 SF

      2340 Rose Ave

      SHOPPING CENTER, STRIP CENTER • 40,078 SF
      2340 Rose Ave, Oxnard, CA 93036-2628
      View Details
    • Value Estimation
      $645,000
      8,610 SF

      1954 Ventura Rd

      SHOPPING CENTER, STRIP CENTER • 8,610 SF
      1954 Ventura Rd, Oxnard, CA 93036-3009
      View Details
    • Value Estimation
      $560,000
      6,892 SF

      1941 Oxnard Blvd

      SHOPPING CENTER, STRIP CENTER • 6,892 SF
      1941 Oxnard Blvd, Oxnard, CA 93036-2904
      View Details
    • Value Estimation
      $315,000
      0.54 Acres

      210 Saint Marys Dr, Unit 3

      SHOPPING CENTER, STRIP CENTER • 0.54 Acres
      210 Saint Marys Dr, Oxnard, CA 93036-2474
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,715 SF

      Free Standing Retail Building

      Free standing retail building with drive-thru, formerly Walgreens.
      2303 E Vineyard Ave, Oxnard, CA 93036
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      Ventura Medical Office Suite for Lease

      Prime Ventura location, fully equipped medical office.
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    • $2,896,740
      152,460 SF

      Prime Land with Freeway Frontage

      3.5 acres of commercial land with freeway access.
      2151 Lockwood St, Oxnard, CA 93036
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    • $665,000

      Turnkey Condo in Riverpark Community

      3-bedroom, 2.5-bathroom condo near The Collection in Oxnard.
      621 Garonne St, Oxnard, CA 93036
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    • $25,750,000

      323+ Acres of Farmland

      Prime agricultural land on the Oxnard Plain for sale.
      323 + Acs Santa Clara & Central Avenues, Oxnard, CA 93036
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    • $300,000

      Spacious Corner Lot For Sale

      Desirable vacant corner lot near schools, shopping, and freeway.
      2701 Alvarado St, Oxnard, CA 93036
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    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Retail Space in Oxnard Center

      Retail space available in a grocery-anchored community shopping center.
      Swc Rose Ave & Gonzales Rd, Oxnard, CA 93036
      View Details
    • $2 SF/Yr
      1,650 SF

      Retail or Office Space Available

      Retail or office space for rent in shopping center.
      2731 East Vineyard Ave, Oxnard, CA 93036
      View Details
    • $24 SF/Yr
      7,000 SF

      Retail Space on Ventura Boulevard

      7,000 square foot retail space available for lease.
      1701 Ventura Blvd, Oxnard, CA 93036
      View Details
    • $1.25 SF/Yr
      64,818 SF

      Office and Retail Space Available

      Office and retail spaces for lease in Seabridge Marina Center.
      1601 S Victoria Ave, Oxnard, CA 93036
      View Details
    • Contact for pricing
      7,150 SF

      Retail Space in Prime District

      Retail suites available in a high-traffic business district.
      2311-2385 N Oxnard Blvd, Oxnard, CA 93036
      View Details
    • $1.20 SF/Yr
      6,428 SF

      Warehouse/Showroom in McGrath Business Park

      Warehouse/Showroom with commercial exposure and flexible BRP zoning.
      1830 Lockwood St, Oxnard, CA 93036
      View Details
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    Oxnard, CA 93036-2065
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    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
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