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Property profile & analytics
OFF-MARKET
Estimated value
$3,375,000
Industrial properties
3579 Old Conejo Rd Thousand Oaks, CA 91320-2122
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1470956
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
11,719 SF
Lot
0.79 ac (34,412 SF)
APN
235-0-270-075
UPID
US10-1470956
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
-
ENVEL Design Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.43M
CAP Approach
CAP
$2.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.38M
Owner & transaction history
3579 Old Conejo Rd LLC · 2 yrs held
3579 Old Conejo Rd LLC
since 2023
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.4M
+24.2%
Neighborhood: shopping center
$4.9M
+13.9%
Medical building
$4.5M
+3.4%
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
$3,470,000
ML approach
$3,430,000
CAP Approach
CAP Return
Estimation
6%
$2,275,000
6.5%
$2,100,000
7%
$1,950,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,310,000
Current use
OFFICE BUILDING
$5,355,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,910,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$4,455,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,390,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,940,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.38M
Range $3.04M – $3.71M · ±10% · vs last sale $3.30M (Aug 18 2023)
Last sale anchor
$3.30M
Aug 18 2023
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
$288 / 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
$34,745
Tax year 2023
Assessed value
$3,300,000
Assessed 2024
Previous assessed
$3,280,000
+0.6% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,200,000
Assessed improvement
$2,100,000
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
11,719 SF
Lot
0.79 ac (34,412 SF)
APN
235-0-270-075
UPID
US10-1470956
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
$4.3M
OFFICE BUILDING
Est. value
$5.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$3.9M
INDUSTRIAL (GENERAL) Current
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
0.79 ac
Current owner
From public records · entity-resolved
3579 Old Conejo Rd LLC
Entity
Mailing address
2333 BORCHARD RD, NEWBURY PARK, CA 91320-3206
Ownership since
2023
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
Aug 18, 2023
$3,300,000
3579 Old Conejo Rd LLC
Quinn B Mayer
Grant Deed
$1,650,000 · Bank Of America NA
Aug 18, 2023
—
Burts Pharmacy INC
3579 Old Conejo Rd LLC
Lease
$1,352,000 · Business Finance Capital
Jul 23, 2019
—
Mayer Family Trust
Mayer,quinn B & Pamela K
Quit Claim Deed
related
—
Aug 24, 2007
—
Quinn B Mayer
Robert Becker
Grant Deed
$1,500,000 · Wells Fargo Bank NA
Jul 15, 2002
$1,166,000
Robert Becker
USA Conejo LLC
Grant Deed
$1,179,800 · Us Bank NA
—
—
Robert Becker
—
Deed Of Trust
related
$970,000 · Zions First National 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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