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    Property profile & analytics

    256 Ojai Ave Ojai, CA 93023-2737

    • Commercial real estate
    • 2,400 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $935,000
    Last Sale
    Aug 04, 2020
    $750,000
    Location Intelligence
    Property ID
    US10-1469856
    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

    • The Arcade Plaza / Shopping Mall
    • The Hub / Bar / Cocktail Bar
    • Royal Garage Door Repair LLC. / Garage Door Supplier

    Property Details for 256 Ojai Ave

    Year built
    1950
    Lot size
    0.05 lot acres
    Property size
    2,400 SF
    Zone code
    C1
    Property type
    Commercial real estate
    APN
    021-0-140-400
    APU
    210140400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,010,000

    • CAP approach

      CAP return
      Estimation
      6%
      $710,000
      6.5%
      $765,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $715,000
      Geo Method
      $735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $725,000
      Retail
      $865,000
      Mixed-Use
      $865,000
      Hospitality
      $835,000
      Educational
      $785,000
      Residential Income
      $885,000
      Energy
      $700,000
      Income-Based Land
      $795,000
      Food Service
      $790,000

    Location Insight

    • Map
    • Local Demand
    City
    Ojai
    County
    Ventura
    State
    California
    Longitude
    -119.245
    Latitude
    34.4481
    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
    $18,172
    $773,354
    $569,568
    $1,342,922
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      728 SF

      145 Saint Thomas Dr

      COMMERCIAL (GENERAL) • 728 SF
      145 Saint Thomas Dr, Ojai, CA 93023-2315
      View Details
    • Value Estimation
      $470,000
      2,078 SF

      108 Fox St

      COMMERCIAL (GENERAL) • 2,078 SF
      108 Fox St, Ojai, CA 93023-3323
      View Details
    • Value Estimation by Request
      4,429 SF

      316 Matilija St

      COMMERCIAL (GENERAL) • 4,429 SF
      316 Matilija St, Ojai, CA 93023-2724
      View Details
    • Value Estimation
      $1,075,000
      0.17 Acres

      952 Ojai Ave

      COMMERCIAL (GENERAL) • 0.17 Acres
      952 Ojai Ave, Ojai, CA 93023-2905
      View Details
    • Value Estimation
      $810,000
      1,482 SF

      325 Ojai Ave

      COMMERCIAL (GENERAL) • 1,482 SF
      325 Ojai Ave, Ojai, CA 93023-2738
      View Details
    • Value Estimation
      $3,590,000
      5,502 SF

      821 Ojai Ave

      COMMERCIAL (GENERAL) • 5,502 SF
      821 Ojai Ave, Ojai, CA 93023-3727
      View Details

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      Profitable Car Wash, Development Potential
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    Similar Nearby for Lease

    • Contact for pricing
      2,092 SF

      Ojai Restaurant Space Available

      Prime Ojai location, 2,092 sq ft, Type 41 license.
      967 Ojai Ave, Ojai, CA 93023
      View Details
    • $42 SF/Yr
      3,859 SF

      Prime Ojai Retail Space Available

      Iconic Downtown Ojai Retail, 3859 SF
      202 Ojai Ave, Ojai, CA 93023
      View Details
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    256 Ojai Ave
    Ojai, CA 93023-2737
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    Realmo Value Estimation

    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.

    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.

    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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