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Property profile & analytics
OFF-MARKET
Estimated value
$7,250,000
Refrigerated & Cold Storage
2400 Sturgis Rd Oxnard, CA 93030-2614
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0956869
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2005
Total area
28,682 SF
Lot
1.63 ac (71,002 SF)
APN
216-0-195-135
UPID
US10-0956869
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
-
Simple Feast (Feast Kitchen, US) Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.25M
CAP Approach
CAP
$5.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.25M
Owner & transaction history
Wec 2000b Csf 15 LLC · 1 yrs held
Wec 2000b Csf 15 LLC
since 2024
Last sale
$7.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.0M
+44.1%
Office building
$11.0M
+31.4%
Auto repair, garage
$10.7M
+28.8%
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
$7,250,000
ML approach
$7,250,000
CAP Approach
CAP Return
Estimation
6%
$5,790,000
6.5%
$5,345,000
7%
$4,965,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,340,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,020,000
Change: +44% · Conversion: Moderate
OFFICE BUILDING
$10,965,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,745,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$7.25M
Range $6.53M – $7.98M · ±10% · vs last sale $7.25M (Oct 28 2024)
Last sale anchor
$7.25M
Oct 28 2024
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
$253 / 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
$60,906
Tax year 2023
Assessed value
$4,988,859
Assessed 2024
Previous assessed
$4,988,859
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,029,312
Assessed improvement
$3,959,547
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2005
Heating
NONE
Total area
28,682 SF
Lot
1.63 ac (71,002 SF)
APN
216-0-195-135
UPID
US10-0956869
Jurisdiction
VENTURA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.0M
OFFICE BUILDING
Est. value
$11.0M
AUTO REPAIR, GARAGE
Est. value
$10.7M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2005
Heating
NONE
Lot
1.63 ac
Current owner
From public records · entity-resolved
Wec 2000b Csf 15 LLC
Entity
Mailing address
200 N WESTLAKE BLVD STE #100, WESTLAKE VILLAGE, CA 91362-3771
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2024
$7,250,000
Wec 2000b Csf 15 LLC
2400 Sturgis Road Oxnard LLC
Grant Deed
$4,250,000 · Community West Bank NA
Jan 27, 2020
—
2400 Sturgis Road Oxnard LLC
—
Deed
related
$22,500,000 · Connectone Bk
Sep 27, 2019
$785,000
Dustin Stevens
Seenivasan,kumaran
Grant Deed
$495,000 · Csmc Mtg
May 24, 2005
$2,631,500
Boldt Ents LLC
Pacific Landmark Ltd
Grant Deed
$1,326,980 · Bank Of America
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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