3205 Old Conejo Rd, Thousand Oaks, CA 91320
- Office Spaces
- 7,436 SF
Current Use by Public Records
- Covered California Certified Agent - Richard Corbett / Insurance Agency
- Magnificent Garage Door Repair & Installation / Building Supply / General Contractor
- Harvest Insurance Agency / Insurance Agency
- SwpppCal / Association Or Organization
- Communication Matters / Medical Clinic
Property Details for 3205 Old Conejo Rd
- Year built
- 2008
- Property type
- Office Spaces
- APN
- 668-0-360-195
- APU
- 6680360195
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 31, 2022 | $2,231,500 | 3205 Old Conejo Rd LLC | Prr LLC | Grant Deed | — |
| Jul 31, 2014 | $1,502,500 | Prr LLC | Wendy Road Office Development LLC | Grant Deed | $1.4M · Wells Fargo Bank NA |
| Jul 1, 2010 | $20,000,000 | Wendy Road Office Dev LLC | Asset Foreclosure Svcs INC | Trustees Deed · related | — |
Description
This exceptional 650 square foot office suite is located within the prestigious Conejo Ridge Executive Center on Old Conejo Road. The suite is part of a larger, two-story, 7,436 square foot building constructed in 2015, offering a blend of modern amenities and convenient access. The building features ample parking, an elevator for easy access to both floors, and restrooms conveniently located on each level. The suite itself boasts elegant glass entry doors, central air conditioning and heating, and impressive floor-to-ceiling windows that provide abundant natural light. Janitorial services are included, adding to the overall convenience. The suite is categorized as a Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office space, making it versatile for a variety of business needs. Its location offers easy access to a variety of restaurants and stores, and is conveniently situated near the Wendy Drive exit of the 101 Ventura Freeway, ensuring seamless commutes for employees and clients. The building's park-like landscaping creates a serene and professional atmosphere. This single-tenancy space presents a unique opportunity for businesses seeking a well-appointed and conveniently located office solution.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,315,000
- ML approach
- $2,435,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,060,000
- 6.5%
- $2,825,000
- 7%
- $2,625,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,708,000
Market price range: $357k - $2.81M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,395,000 Current use
- RESTAURANT
- $3,595,000 Change: +6% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $3,115,000 Change: -8% Conversion: Difficult
- MEDICAL BUILDING
- $2,830,000 Change: -17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,785,000 Change: -18% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $2,735,000 Change: -19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Thousand Oaks
- County
- Ventura
- State
- California
- Longitude
- -118.943
- Latitude
- 34.1909
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA