Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3965 Heritage Oak Ct Simi Valley, CA 93063-6711

    • Industrial properties
    • 23,523 SF
    • 1.76 lot acres
    OFF-MARKET
    Last Sale
    Feb 26, 2021
    $5,000,000
    Value Estimations
    $6,190,000
    Show details
    Cap Rate Potential
    3.2%
    Industrial properties
    Location Intelligence
    Property ID
    US10-1463540
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 3965 Heritage Oak Ct

    Year built
    2001
    Lot size
    1.76 lot acres
    Property size
    23,523 SF
    Property type
    Industrial properties
    APN
    626-0-351-145
    APU
    6260351145

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,975,000
      ML approach
      $5,815,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,238,000
      Market price range: $4.83M - $9.45M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.719
    Latitude
    34.2663
    CBSA code
    37100
    CBSA name
    OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $56,315
    $1,644,873
    $3,661,167
    $5,306,040
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $445,000
      1.61 Acres

      4120 Los Angeles Ave

      INDUSTRIAL (GENERAL) • 1.61 Acres
      4120 Los Angeles Ave, Simi Valley, CA 93063-6730
      View Details
    • Value Estimation
      $810,000
      27,524 SF

      1715 Surveyor Ave

      INDUSTRIAL (GENERAL) • 27,524 SF
      1715 Surveyor Ave, Simi Valley, CA 93063-3374
      View Details
    • Value Estimation
      $900,000
      130,172 SF

      4175 Guardian St

      INDUSTRIAL (GENERAL) • 130,172 SF
      4175 Guardian St, Simi Valley, CA 93063-3382
      View Details
    • Value Estimation
      $955,000
      13,796 SF

      4139 Guardian St, Unit F

      CONDOMINIUMS (INDUSTRIAL) • 13,796 SF
      4139 Guardian St, Simi Valley, CA 93063-3382
      View Details
    • Value Estimation
      $625,000
      17,416 SF

      3960 Royal Ave

      INDUSTRIAL (GENERAL) • 17,416 SF
      3960 Royal Ave, Simi Valley, CA 93063-3380
      View Details
    • Value Estimation
      $520,000
      10,224 SF

      1625 Surveyor Ave

      INDUSTRIAL (GENERAL) • 10,224 SF
      1625 Surveyor Ave, Simi Valley, CA 93063-3387
      View Details

    Similar Nearby for Sale

    • $1,775,000
      4,377 SF

      Simi Valley Warehouse Condo For Sale

      Prime Simi Valley warehouse, freeway access.
      4180 Guardian St, Simi Valley, CA 93063
      View Details
    • $1,875,000
      4,424 SF

      Simi Valley Warehouse - $1.875M

      Industrial Condo, 4,424 SF, Great Location
      4180 Guardian St, Simi Valley, CA 93063
      View Details
    • $1,850,000
      4,374 SF

      Simi Valley Industrial Condo For Sale

      Prime location, high ceilings, great freeway access.
      4180 Guardian St, Simi Valley, CA 93063
      View Details
    • $5,995,000
      3.95 Acres

      Simi Valley Commercial Land

      3.95 Acres, Prime Location, Development Ready
      1395 Kuehner Dr, Simi Valley, CA 93063
      View Details
    • Contact for pricing
      1,783 SF

      Simi Valley Industrial Condo For Sale

      Prime Warehouse Space, Excellent Location
      4180 Guardian St, Simi Valley, CA 93063
      View Details
    • $1,285,000
      2,976 SF

      Simi Valley Warehouse Condo For Sale

      Prime Simi Valley warehouse, freeway access.
      4180 Guardian St, Simi Valley, CA 93063
      View Details

    Similar Nearby for Lease

    • $1.35 SF/Yr
      25,786 SF

      Simi Valley Warehouse Space Available

      Industrial warehouse space for lease in Simi Valley, California.
      4120 E Los Angeles Ave, Simi Valley, CA 93063
      View Details
    • $1.29 SF/Yr
      57,184 SF

      Simi Valley Warehouse with Racking

      57,184 SF warehouse with immediate freeway access.
      3987 Heritage Oak Ct, Simi Valley, CA 93063
      View Details
    • $1.55 SF/Yr
      7,976 SF

      Industrial Building in Simi Valley

      Freestanding industrial building available for lease in Ventura County.
      4412 Ish Dr, Simi Valley, CA 93063
      View Details
    • $1.29 SF/Yr
      76,445 SF

      Simi Valley Warehouse Space Available

      76,445 SF warehouse with dock doors and high ceilings.
      1850 Tapo Canyon Rd, Simi Valley, CA 93063
      View Details
    • $1.49 SF/Yr
      107,953 SF

      Class A Industrial Facility

      Industrial facility with excess land in a prime location.
      3935-3949 Heritage Oak Ct, Simi Valley, CA 93063
      View Details
    • $21 SF/Yr
      51,234 SF

      Simi Valley Warehouse Space Available

      Industrial warehouse space for lease in Simi Valley, CA.
      4180 Guardian St, Simi Valley, CA 93063
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3965 Heritage Oak Ct
    Simi Valley, CA 93063-6711
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.