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Property profile & analytics
OFF-MARKET
Estimated value
$1,765,000
Industrial properties
3525 Old Conejo Rd Thousand Oaks, CA 91320-2154
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1459201
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Year built
1981
Total area
79,355 SF
Lot
13.95 ac (607,662 SF)
Zoning code
M1
APN
668-0-012-195
UPID
US10-1459201
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
-
FedEx Drop Box Postal Service Courier Service
-
Capital Plastering Inc Construction Company
-
Michael Bailey Marriage Or Relationship Counselor
-
Semper Drilling | Drilling Contractor In Los Angeles, California Construction Company General Contractor
-
Astra Backflow Inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.77M
Owner & transaction history
Newbury Business Park LLC · 2 yrs held
Newbury Business Park LLC
since 2024
5 recorded transactions
Zoning & alternative use
M1 · Thousand Oaks, CA
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$22 / 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
$121,618
Tax year 2023
Assessed value
$11,354,944
Assessed 2024
Previous assessed
$11,132,299
+2.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,796,196
Assessed improvement
$8,558,748
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
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Status
Off-Market
Year built
1981
Heating
NONE
Total area
79,355 SF
Lot
13.95 ac (607,662 SF)
Zoning code
M1
APN
668-0-012-195
UPID
US10-1459201
Jurisdiction
VENTURA
Zoning & alternative use
M1 · Thousand Oaks, CA
Zoning M1 · permitted uses
M1 · Thousand Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thousand Oaks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Lot
13.95 ac
Current owner
From public records · entity-resolved
Newbury Business Park LLC
Entity
Mailing address
23622 CALABASAS RD STE #200, CALABASAS, CA 91302-1509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2024
—
Newbury Business Park LLC
—
Deed
related
$7,400,000 · The Lincoln National Life Insurance Co
Nov 30, 2022
—
Newbury Business Park LLC
—
Deed
related
$7,250,000 · The Northern Trust Co
—
—
Newbury Business Park LLC
—
Deed Of Trust
related
$8,400,000 · Bank Of The West
—
—
Newbury Business Park LLC
—
Deed Of Trust
related
$8,410 · Bank Of The West
—
—
Newbury Business Park LLC
—
Deed Of Trust
related
$5,800,000 · Sunamerica Life Insurance Co
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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