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Property profile & analytics
OFF-MARKET
Estimated value
$3,345,000
Office buildings
2350 Wankel Way Oxnard, CA 93030-2665
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US10-1492090
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
13,762 SF
Lot
1.23 ac (53,578 SF)
Zoning code
BRP
APN
213-0-070-075
UPID
US10-1492090
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
-
Eve Hill Real Estate Agency
-
Vccar Real Estate Agency
-
Ventura County Association-Realtors Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.92M
Comparable Approach
Comparable
$2.06M
Blend (final)
Blend
$3.35M
Owner & transaction history
Ventura County (ca) · 26 yrs held
Ventura County (ca)
since 1999
5 recorded transactions
Zoning & alternative use
BRP · Oxnard, 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 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%
$4,245,000
6.5%
$3,915,000
7%
$3,635,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,260,000
Current use
AUTO REPAIR, GARAGE
$5,155,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$3.35M
Range $3.01M – $3.68M · ±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
$243 / 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
$34,865
Tax year 2023
Assessed value
$2,914,501
Assessed 2024
Previous assessed
$2,789,119
+4.5% YoY
Effective rate
1.20%
On assessed value
Assessed land
$587,658
Assessed improvement
$2,326,843
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
Off-Market
Year built
2003
Heating
NONE
Total area
13,762 SF
Lot
1.23 ac (53,578 SF)
Zoning code
BRP
APN
213-0-070-075
UPID
US10-1492090
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
$5.3M
AUTO REPAIR, GARAGE
Est. value
$5.2M
OFFICE BUILDING Current
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
2003
Heating
NONE
Lot
1.23 ac
Current owner
From public records · entity-resolved
Ventura County (ca)
Entity
Mailing address
2350 WANKEL WAY, OXNARD, CA 93030-2665
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2003
—
Ventura County Coastal Assn
—
Trustees Deed
related
$1,100,000 · First National Bank
Oct 14, 1999
$390,000
Ventura County (ca)
Kavli,fred
Grant Deed
—
Jan 21, 1999
—
Fred Kavli
Sammi,
Grant Deed
related
—
Mar 29, 1995
—
Sammis Del Norte Associates
—
Deed Of Trust
related
$4,000,000 · Wells Fargo Bank
—
—
Ventura County Coastal Assn Re
—
Deed Of Trust
related
$1,251,000 · General Electric Capital Corp
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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