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Property profile & analytics
OFF-MARKET
Commercial real estate

420 Pennsfield Pl Thousand Oaks, CA 91360

0.68 ac lot
Individually Owned 9-yr Hold
Property ID
US10-1445747
Property summary
AI-generated overview

This exceptional 0.68-acre commercial land parcel, located at 420 Pennsfield Pl., Thousand Oaks, CA 91360 (APN 669-0-021-080), is offered at $3,500,000 fee simple. The property boasts approved plans, permits, and entitlements for a state-of-the-art, approximately 112,293 square foot, two-story medical office building, including hardscape and landscaping. Its strategic location in the highly desirable Thousand Oaks/SE County submarket provides unparalleled access to major transportation arteries, including the 101 and 23 freeways, ensuring convenient commutes for staff and clients. The site benefits from a soft corner location, maximizing visibility and attracting potential clientele. Surrounded by a wealth of amenities, including Janss Marketplace, The Oaks Mall, Best Buy, Whole Foods, and numerous retail centers, this property presents a unique opportunity to capitalize on a thriving and vibrant commercial environment. This ready-to-build site offers significant potential for immediate development and substantial return on investment. Don't miss this chance to acquire a prime piece of commercial real estate in a highly sought-after location.

Property profile
Verified
Property type Commercial real estate
Lot 0.68 ac (29,621 SF)
APN 669-0-021-080
UPID US10-1445747
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Camarillo Airport Industrial · 9 yrs held
Camarillo Airport Industrial
since 2017
1 recorded transaction
2017
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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