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Property profile & analytics
OFF-MARKET
Estimated value
$8,275,000
Refrigerated & Cold Storage
3939 Hueneme Rd Oxnard, CA 93033-8216
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0981814
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1989
Total area
44,744 SF
Lot
24.33 ac (1,059,684 SF)
Zoning code
AE
APN
218-0-092-105
UPID
US10-0981814
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
-
Driscoll Strawberry Associates Grocery & Convenience Store Food Market
-
Berry Pack Inc Industrial Manufacturer Factory
-
Driscoll's Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.28M
Owner & transaction history
Driscolls INC · 9 yrs held
Driscolls INC
since 2017
3 recorded transactions
Zoning & alternative use
AE · Oxnard, 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 Oxnard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxnard 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%
$9,035,000
6.5%
$8,340,000
7%
$7,740,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,010,000
Current use
Blend value · Realmo final
$8.28M
Range $7.45M – $9.10M · ±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
$185 / 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
$175,514
Tax year 2023
Assessed value
$16,458,786
Assessed 2024
Previous assessed
$8,950,085
+83.9% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,532,274
Assessed improvement
$14,926,512
Applied tax rate
71.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1989
Heating
NONE
Total area
44,744 SF
Lot
24.33 ac (1,059,684 SF)
Zoning code
AE
APN
218-0-092-105
UPID
US10-0981814
Jurisdiction
VENTURA
Zoning & alternative use
AE · Oxnard, CA
Zoning AE · permitted uses
AE · Oxnard, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oxnard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.0M
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
1989
Heating
NONE
Lot
24.33 ac
Current owner
From public records · entity-resolved
Driscolls INC
Entity
Mailing address
PO BOX 50045, WATSONVILLE, CA 95077-5045
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2017
—
Driscolls INC
—
Deed
related
$1,199,266 · American Agcredit Pca
—
—
Driscoll Strawberry Associates
—
Loan Modification
related
—
—
—
Driscolls INC
—
Loan Modification
related
$1,199,266 · American Agcredit Pca
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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