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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Industrial properties
240 Riverside Rd Oak View, CA 93022-9310
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US10-1489877
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1969
Total area
2,930 SF
Lot
0.62 ac (27,007 SF)
Zoning code
M2
APN
031-0-101-395
UPID
US10-1489877
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
-
L A Thompson Construction Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$695k
Owner & transaction history
Olivia Bevilacqua · 7 yrs held
Olivia Bevilacqua
since 2019
7 recorded transactions
Zoning & alternative use
M2 · Oak View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+39.2%
Medical building
$1.1M
+38.5%
Auto repair, garage
$1.1M
+36.4%
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 Oak View submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak View 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%
$500,000
6.5%
$460,000
7%
$425,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$805,000
Current use
OFFICE BUILDING
$1,120,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$1,115,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,100,000
Change: +36% · Conversion: Easy
COMMERCIAL (GENERAL)
$985,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$850,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$237 / 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
$11,584
Tax year 2023
Assessed value
$1,038,961
Assessed 2024
Previous assessed
$1,018,590
+2.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$492,141
Assessed improvement
$546,820
Applied tax rate
91.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1969
Heating
NONE
Total area
2,930 SF
Lot
0.62 ac (27,007 SF)
Zoning code
M2
APN
031-0-101-395
UPID
US10-1489877
Jurisdiction
VENTURA
Zoning & alternative use
M2 · Oak View, CA
Zoning M2 · permitted uses
M2 · Oak View, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak View. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$805,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$985,000
WAREHOUSE, STORAGE
Est. value
$850,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1969
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
Olivia Bevilacqua
Individual
Mailing address
240 RIVERSIDE RD, OAK VIEW, CA 93022-9310
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2021
—
Olivia Bevilacqua
—
Deed
related
$840,000 · Montecito Bank & Trust
Jan 11, 2019
$950,000
Olivia Bevilacqua
David
Grant Deed
$585,000 · Allstar Financial Services INC
Jul 16, 2018
—
David
—
Deed
related
$585,000 · Allstar Financial Services INC
Oct 17, 2016
$850,000
David Fee
Thompson Family Trust
Grant Deed
$600,000 · Thompson Family Trust (rt)
Dec 14, 2006
—
Thompson Family Trust
Thompson,larry A & Susan C
Quit Claim Deed
related
—
May 1, 2006
$275,000
Larry A Thompson
Jeffery,james A & Gayle D
Grant Deed
—
Mar 18, 2002
$300,000
James A Jeffery
Fussell Trust
Grant Deed
—
—
—
Thompson Family Trust
—
Deed Of Trust
related
$229,512 · Ojai Community Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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