Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,520,000
Industrial properties
3559 Old Conejo Rd Thousand Oaks, CA 91320-2122
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1489995
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
8,488 SF
Lot
0.51 ac (22,215 SF)
APN
235-0-270-025
UPID
US10-1489995
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
-
Beachside Golf Cars Golf Cart Dealer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.52M
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.52M
Owner & transaction history
Todd Lorber · 2 yrs held
Todd Lorber
since 2024
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.1M
+31.4%
Office building
$3.9M
+24.2%
Neighborhood: shopping center
$3.6M
+13.9%
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
$2,520,000
ML approach
$2,520,000
CAP Approach
CAP Return
Estimation
6%
$1,650,000
6.5%
$1,520,000
7%
$1,415,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,120,000
Current use
RESTAURANT
$4,100,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$3,875,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,555,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$3,230,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,180,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,855,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$2.52M
Range $2.27M – $2.77M · ±10% · vs last sale $2.52M (Jan 4 2024)
Last sale anchor
$2.52M
Jan 4 2024
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
$297 / 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
$23,602
Tax year 2023
Assessed value
$2,271,396
Assessed 2024
Previous assessed
$2,226,859
+2.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$789,554
Assessed improvement
$1,481,842
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
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
NONE
Total area
8,488 SF
Lot
0.51 ac (22,215 SF)
APN
235-0-270-025
UPID
US10-1489995
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
RESTAURANT
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.9M
INDUSTRIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2000
Heating
NONE
Lot
0.51 ac
Current owner
From public records · entity-resolved
Todd Lorber
Individual
Mailing address
19310 STARLIGHT DR, TARZANA, CA 91356-4411
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2024
$2,517,500
Todd Lorber
Anthony J Tesoro
Grant Deed
—
May 19, 2014
—
Tesoro Family Trust
Piscitello F Family Trust
Quit Claim Deed
related
—
Jul 16, 2008
$1,762,000
Piscitello Frank Family Trust
Solomonson Family 2005 Trust
Grant Deed
$700,000 · Tesoro Anthony J Family Trust
Aug 5, 2005
—
Solomonson 2005 Family Trust
Solomonson,stacey J & Sonia
Quit Claim Deed
related
—
Jan 30, 2002
$925,000
Stacey J Solomonson
Conejo USA LLC
Grant Deed
$832,400 · Us Bank Trust NA
—
—
Stacey J Solomonson
—
Deed Of Trust
related
$831,000 · Citibank West Fsb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3559 Old Conejo Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
