Property profile

2493 Portola Rd Ventura, CA 93003

OFF-MARKET
Office buildings
Property ID
US10-1487754
17,052 SF 1.01 ac lot Built 1984
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 17,052 SF
Lot 1.01 ac (43,995 SF)
Zoning code MPD
APN 084-0-143-105
UPID US10-1487754

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Sustainability Organization
  • Association / Organization

Location

2493 Portola Rd Ventura, CA 93003-6459
Ventura metro Census 2800 OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.82M
CAP Approach CAP
$4.96M
Comparable Approach Comparable
$8.40M
Blend (final) Blend
$6.74M

Owner & transaction history

since 2023
Last sale
$5.6M
7 recorded transactions
2023
$5.6M
2023
Price N/A
2007
Price N/A
2004
$2.2M
2002
Price N/A
2002
Price N/A
1995
$100,000

Zoning & alternative use

MPD · Ventura, CA
Zoning description

D Commercial Planned Development Zone 24.244 MXD Mixed-Use Zone 24.248 Harbor Mixed-Use Zone (HMXD) 24.250 Zones Within Downtown Specific Plan 24.260 M-1 Limited Industrial Zone 24.262 M-2 General Industrial Zone 24.264…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Restaurant $8.2M +42.0%
Neighborhood: shopping center $7.1M +23.2%
Apartment house (5+ units) $6.6M +13.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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