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Property profile & analytics
OFF-MARKET
Estimated value
$13,690,000
Strip malls
397 Los Angeles Ave Moorpark, CA 93021-1825
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-1129179
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1993
Total area
105,132 SF
Lot
6.97 ac (303,613 SF)
Zoning code
CPD
APN
511-0-080-435
UPID
US10-1129179
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
-
Target Overheaddoor Pro General Contractor
-
Tractor Supply Co. Pet Store & Service
-
Testosterone Replacement Therapy Clinic TRT4U Health Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.17M
Blend (final)
Blend
$13.69M
Owner & transaction history
Noor Properties LLC
Noor Properties LLC
since 2025
Last sale
$14.3M
7 recorded transactions
Zoning & alternative use
CPD · Moorpark, 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 Moorpark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorpark 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.69M
Range $12.32M – $15.06M · ±10% · vs last sale $14.30M (May 27 2025)
Last sale anchor
$14.30M
May 27 2025
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
$130 / 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
$96,545
Tax year 2023
Assessed value
$9,094,000
Assessed 2024
Previous assessed
$8,690,000
+4.6% YoY
Effective rate
1.06%
On assessed value
Assessed land
$5,443,000
Assessed improvement
$3,651,000
Applied tax rate
10.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1993
Heating
NONE
Total area
105,132 SF
Lot
6.97 ac (303,613 SF)
Zoning code
CPD
APN
511-0-080-435
UPID
US10-1129179
Jurisdiction
VENTURA
Zoning & alternative use
CPD · Moorpark, CAZoning CPD · permitted uses
CPD · Moorpark, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Lot
6.97 ac
Current owner
From public records · entity-resolved
Noor Properties LLC
Entity
Mailing address
11250 EL CAMINO REAL STE #102, SAN DIEGO, CA 92130-2677
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
$14,300,000
Noor Properties LLC
Mb Plaza East LLC
Grant Deed
$8,200,000 · The Golden 1 Cu
Dec 15, 2021
—
Mb Plaza East LLC
—
Deed
related
$17,405,600 · Key Bank NA
Jul 2, 2018
—
Mb Plaza East LLC
—
Grant Deed
related
$22,500,000 · Keybank USA
Feb 3, 2016
—
Mb Plaza East LLC
Mgp Ix Properties LLC
Quit Claim Deed
related
—
Sep 2, 2015
$8,800,000
Mb Plaza East LLC
Mission Bell East LP
Trustees Deed
$23,300,000 · Other Institutional Lenders
Oct 26, 2011
—
Mission Bell East LP
Mission Bell East LLC
Quit Claim Deed
related
—
Feb 17, 2011
—
Mgp Ix Reit LLC
Owner Name Unavailable
Grant Deed
related
—
Jun 16, 2005
—
Bell East Mission
Lancaster Mall Properties
Quit Claim Deed
related
—
Oct 7, 2004
—
Mission Bell East LLC
Mission Bell Plaza Ph II LLC
Quit Claim Deed
related
$7,000,000 · Hsbc Bank USA
Aug 17, 1995
—
Mission Bell Partners
—
Deed Of Trust
related
$1,957,350 · Redevelopment Agency Moorpark
—
—
Mission Bell Partners
—
Deed Of Trust
related
$154,100 · Redevelopment Agency Moorpark
—
—
Mission Bell Plaza Phase LLC
—
Deed Of Trust
related
$2,500,000 · Ventura Pacific Capital Group
—
—
Mission Bell Partners
—
Deed Of Trust
related
$175,950 · Redevelopment Agency Moorpark
—
—
Mission Bell Partners
—
Deed Of Trust
related
$172,500 · Redevelopment Agency Moorpark
—
—
Shawmut Bank Connecticut Ttee
—
Deed Of Trust
related
$2,907,000 · Bank Of New York
—
—
Ventura Pacific Capital Group
—
Deed Of Trust
related
$4,800,000 · Aid Association For Lutheran
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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