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Property profile & analytics
OFF-MARKET
Estimated value
$23,755,000
Industrial properties
405 Science Dr Moorpark, CA 93021-2093
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1475476
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Total area
134,726 SF
Lot
6.01 ac (261,795 SF)
Zoning code
M1
APN
512-0-240-035
UPID
US10-1475476
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
-
X P Systems (Bike/Boat/Book/etc) Store Corporate Office
-
Aquiesse Home Decor Store
-
Fiserv (Bike/Boat/Book/etc) Store Corporate Office
-
Stone River FSC Inc (Bike/Boat/Book/etc) Store Corporate Office
-
LynxGate Sales & Channel Manager Fiserv, Inc. Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.13M
Comparable Approach
Comparable
$21.52M
Blend (final)
Blend
$23.76M
Owner & transaction history
Cref3 Moorpark Owner LLC · 4 yrs held
Cref3 Moorpark Owner LLC
since 2022
Last sale
$25.1M
5 recorded transactions
Zoning & alternative use
M1 · 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
$26,005,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,885,000
6.5%
$21,125,000
7%
$19,620,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$39,180,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$23.76M
Range $21.38M – $26.13M · ±10% · vs last sale $25.06M (Jun 17 2022)
Last sale anchor
$25.06M
Jun 17 2022
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
$176 / 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
$275,866
Tax year 2023
Assessed value
$26,067,222
Assessed 2024
Previous assessed
$25,556,100
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$5,462,100
Assessed improvement
$20,605,122
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Heating
NONE
Total area
134,726 SF
Lot
6.01 ac (261,795 SF)
Zoning code
M1
APN
512-0-240-035
UPID
US10-1475476
Jurisdiction
VENTURA
Zoning & alternative use
M1 · Moorpark, CA
Zoning M1 · permitted uses
M1 · Moorpark, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Moorpark. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$39.2M
WAREHOUSE, STORAGE
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
1985
Heating
NONE
Lot
6.01 ac
Current owner
From public records · entity-resolved
Cref3 Moorpark Owner LLC
Entity
Mailing address
5221 N O CONNOR BLVD STE #700, IRVING, TX 75039-4428
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
$25,055,000
Cref3 Moorpark Owner LLC
238 South Mariposa Street LLC
Grant Deed
$62,172,800 · Teachers Insurance And Annuity Asso
Dec 18, 2018
—
238 South Mariposa Street LLC
—
Deed
related
$6,748,000 · Ctbc Bank Corp USA
Nov 28, 2017
—
238 South Mariposa Street LLC
—
Deed
related
$1,000,000 · Qualfax INC
Sep 5, 2017
$7,000,000
238 South Mariposa Street LLC
Xp Systems Corporation
Grant Deed
$4,200,000 · Ctbc Bank Corp USA
—
—
238 South Mariposa Street LLC
—
Deed Of Trust
related
$1,000,000 · Qualfax INC
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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