You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

428 N Moorpark Rd Thousand Oaks, CA 91360

Strip malls Google Maps
12,336 SF 1 ac lot Built 1963
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$510k
Range $459k – $561k (±10%)
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

Current use

Occupant on record · Public records
  • 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
$510k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Thousand Oaks, CA
Zoning description

The Highway and Arterial Business Zone is intended for establishments offering accommodations, supplies, or services, especially to motorists, and for specialized automotive and related sales and service establishments w…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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