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Property profile & analytics
OFF-MARKET
Estimated value
$11,145,000
Warehouses
3425 Old Conejo Rd Thousand Oaks, CA 91320-2116
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US10-1272294
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
59,198 SF
Lot
4.57 ac (199,069 SF)
APN
668-0-012-235
UPID
US10-1272294
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
Current use
Occupant on record · Public records
-
Hollywood Storage Center of Thousand Oaks Storage Facility
-
Penske Truck Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.15M
Owner & transaction history
Citadel Storage Delaware LLC · 15 yrs held
Citadel Storage Delaware LLC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Thousand Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thousand Oaks 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,955,000
6.5%
$12,880,000
7%
$11,960,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,215,000
Current use
Blend value · Realmo final
$11.15M
Range $10.03M – $12.26M · ±10%
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
$188 / 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
$124,744
Tax year 2023
Assessed value
$12,010,335
Assessed 2024
Previous assessed
$11,774,839
+2.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$2,513,437
Assessed improvement
$9,496,898
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Total area
59,198 SF
Lot
4.57 ac (199,069 SF)
APN
668-0-012-235
UPID
US10-1272294
Jurisdiction
VENTURA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$17.2M
WAREHOUSE, STORAGE Current
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
2002
Heating
NONE
Lot
4.57 ac
Current owner
From public records · entity-resolved
Citadel Storage Delaware LLC
Entity
Mailing address
6767 HOLLYWOOD BLVD, LOS ANGELES, CA 90028-4623
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
Citadel Storage Delaware LLC
—
Deed
related
$36,500,000 · Bank Of Montreal
May 21, 2018
—
Citadel Storage Delaware LLC
—
Deed
related
$250,000,000 · Rialto Mortgage Finance LLC
Jan 25, 2011
—
Citadel Storage Delaware LLC
Citadel Storage LLC
Grant Deed
$12,750,000 · Cantor Commercial Real Estate Lendi
—
—
Citadel Storage LLC
—
Deed Of Trust
related
$1,000,000 · California National Bank
—
—
Citadel Storage LLC
—
Deed Of Trust
related
$4,933,000 · Imperial Capital Bank
—
—
Citadel Storage LLC
—
Deed Of Trust
related
$3,500,000 · California National Bank
—
—
Citadel Storage LLC
—
Deed Of Trust
related
$9,000,000 · Mutual Of Omaha Bank
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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