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    Property profile & analytics

    3049 Main St Ventura, CA 93003-4756

    • Strip malls
    • 3,394 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $565,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1005194
    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

    • Strip malls

    Property Details for 3049 Main St

    Year built
    1956
    Lot size
    0.11 lot acres
    Property size
    3,394 SF
    Zone code
    C2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    077-0-072-050
    APU
    770072050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $380,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $730,000
      6.5%
      $670,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $634,000
      Market price range: $522k - $2.73M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ventura
    County
    Ventura
    State
    California
    Longitude
    -119.255
    Latitude
    34.2705
    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
    $3,724
    $104,609
    $219,702
    $324,311
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,800,000
      12,464 SF

      6477 Telephone Rd

      SHOPPING CENTER, STRIP CENTER • 12,464 SF
      6477 Telephone Rd, Ventura, CA 93003-4459
      View Details
    • Value Estimation
      $1,050,000
      7,356 SF

      3959 Main St

      SHOPPING CENTER, STRIP CENTER • 7,356 SF
      3959 Main St, Ventura, CA 93003-5248
      View Details
    • Value Estimation by Request
      3,558 SF

      2541 Main St

      SHOPPING CENTER, STRIP CENTER • 3,558 SF
      2541 Main St, Ventura, CA 93003-2618
      View Details
    • Value Estimation
      $1,215,000
      8,098 SF

      1171 Victoria Ave

      SHOPPING CENTER, STRIP CENTER • 8,098 SF
      1171 Victoria Ave, Ventura, CA 93003-6797
      View Details
    • Value Estimation by Request
      16,500 SF

      4360 Main St

      SHOPPING CENTER, STRIP CENTER • 16,500 SF
      4360 Main St, Ventura, CA 93003-8279
      View Details
    • Value Estimation
      $2,920,000
      9,522 SF

      2850 Johnson Dr

      SHOPPING CENTER, STRIP CENTER • 9,522 SF
      2850 Johnson Dr, Ventura, CA 93003-8575
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Ventura Retail/Office Opportunity

      Retail and office property for sale in Ventura, California.
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    • Contact for pricing
      14,112 SF

      Mid-Century Class A Building

      Remodeled Class A building with ample parking and event space.
      250 S Mills Rd, Ventura, CA 93003
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      Retail Units in Mid-Town Location

      Four retail units with high street visibility in mid-town.
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      Mid-Town Retail Units For Sale

      Four retail units in mid-town location with high visibility.
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    • $59,000

      Established Business Opportunity For Sale

      Established business for sale with check cashing license.
      1418 E Main St E, Ventura, CA 93003
      View Details
    • $135,000

      Established Auto Body Repair Shop

      Well-established auto body repair shop, 30 years in business.
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    Similar Nearby for Lease

    • $17 SF/Yr
      8,471 SF

      Ventura Retail Center Opportunity

      Prime Ventura retail space, multiple units available
      0 Main St, Ventura, CA 93003
      View Details
    • Contact for pricing
      18,761 SF

      Freeway Visible Ventura Retail Space

      Freeway-visible shopping center with junior anchor and restaurant spaces available.
      4870 Telephone Rd, Ventura, CA 93003
      View Details
    • $2 SF/Yr

      Retail Suites Available For Lease

      Retail suites available for lease at The Willows shopping center.
      6838 Northbank Dr, Ventura, CA 93003
      View Details
    • Contact for pricing

      Mid-Century Retail Storefront in Ventura

      Remodeled storefront with Main Street exposure near medical corridor.
      2363 E Main St, Ventura, CA 93003
      View Details
    • Contact for pricing

      Ventura Office Campus for Lease

      Seven-building office campus near Ventura County Government Center.
      6633 Telephone Rd, Ventura, CA 93003
      View Details
    • $2 SF/Yr

      Ventura Retail Space For Rent

      Retail space near Ventura 101 and 126 Freeways.
      3959 E Main St, Ventura, CA 93003
      View Details
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    3049 Main St
    Ventura, CA 93003-4756
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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