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    Property profile & analytics
    OFF-MARKET Estimated value $1,540,000
    Strip malls

    428 Moorpark Rd, Thousand Oaks, CA 91360-3702

    12,336 SF 1 ac lot Built 1963
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-1449841
    Property summary
    AI-generated overview

    Village Court Shopping Center offers 1,522 square feet of vacant retail space within a 12,143 square foot building constructed in 1970. Located in Ventura County on Moorpark Road, this property boasts a prime location experiencing approximately 30,000 cars daily. The center benefits from high visibility and accessibility, situated in the heart of a major retail corridor. The property includes 80 surface parking spaces and features a pylon sign and a signalized intersection. Existing tenants include long-term and national brands, ensuring a stable and consistent customer base. Across the street is Janss Marketplace, currently undergoing a significant renovation including a new hotel, projected to further increase foot traffic and enhance the area's appeal. This presents a unique opportunity for growth and profitability, capitalizing on the increased consumer activity and the evolving retail landscape. The property's strong location and established tenant base offer exceptional potential for future success. The available space is part of a single suite within the building.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1963
    Total area 12,336 SF
    Lot 1 ac (43,560 SF)
    Zoning code C-2
    APN 669-0-021-070
    UPID US10-1449841
    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
    • Paris Nails Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.90M
    Blend (final) Blend
    $1.54M
    Owner & transaction history
    J & D Ents LLC · 6 yrs held
    J & D Ents LLC
    since 2019
    4 recorded transactions
    2019
    1969
    1969
    1969
    Zoning & alternative use
    C-2 · Thousand Oaks, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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