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Property profile & analytics
FOR LEASE
Commercial real estate
339 N Ventura Ave Ventura, CA 93001
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1457112
For Lease
$5,500/Mo
339 N Ventura Ave, Ventura, CA 93001
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2010
Total area
5,000 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-2
APN
071-0-142-320
UPID
US10-1457112
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
$965k
Comparable Approach
Comparable
$978k
Blend (final)
Blend
$1.22M
Owner & transaction history
Penn & Arrow LLC · 4 yrs held
Penn & Arrow LLC
since 2022
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
C-2 · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.9M
+5.1%
Auto repair, garage
$1.9M
+3.5%
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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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
$1,360,000
ML approach
$1,455,000
CAP Approach
CAP Return
Estimation
6%
$1,045,000
6.5%
$965,000
7%
$895,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,810,000
Current use
MEDICAL BUILDING
$1,900,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,875,000
Change: +4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,790,000
Change: -1% · Conversion: Moderate
OFFICE BUILDING
$1,610,000
Change: -11% · Conversion: Easy
WAREHOUSE, STORAGE
$1,455,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.28M (Jan 27 2022)
Last sale anchor
$1.28M
Jan 27 2022
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
$244 / 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
$14,483
Tax year 2023
Assessed value
$1,326,510
Assessed 2024
Previous assessed
$1,300,500
+2.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$468,180
Assessed improvement
$858,330
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2010
Heating
NONE
Total area
5,000 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-2
APN
071-0-142-320
UPID
US10-1457112
Jurisdiction
VENTURA
Zoning & alternative use
C-2 · Ventura, CA
Zoning C-2 · permitted uses
C-2 · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2010
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
Penn & Arrow LLC
Entity
Mailing address
339 N VENTURA AVE, VENTURA, CA 93001-1936
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jan 27, 2022
$1,275,000
Penn & Arrow LLC
Tracy Aaron Short
Grant Deed
$637,500 · Signature Bank
Jan 27, 2022
—
Penn & Arrow LLC
—
Deed
related
$527,000 · California Statewide Certified Developme
Mar 4, 2019
—
Short,fred & Mary 2000 F Trust
Fred Short
Affidavit Of Death
related
—
Jan 11, 1988
$184,500
Fred Short
Schne
Grant Deed
$144,300 · Schnieders Franc
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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