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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Commercial real estate
446 Main St Ventura, CA 93001-2627
Individually Owned
4-yr Hold
Free & Clear
Property ID
US10-0979686
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Total area
3,000 SF
Lot
0.11 ac (4,791 SF)
Zoning code
DC
APN
073-0-035-050
UPID
US10-0979686
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
$1.14M
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$945k
Owner & transaction history
Yvonne M Glassey · 4 yrs held
Yvonne M Glassey
since 2022
Last sale
$950,000
6 recorded transactions
Zoning & alternative use
DC · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+15.8%
Medical building
$1.1M
+5.1%
Auto repair, garage
$1.1M
+3.5%
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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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
$1,015,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,085,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,255,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$1,140,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,125,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$965,000
Change: -11% · Conversion: Easy
WAREHOUSE, STORAGE
$870,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $950k (Jun 3 2022)
Last sale anchor
$950k
Jun 3 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
$315 / 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
$13,611
Tax year 2023
Assessed value
$1,169,844
Assessed 2024
Previous assessed
$1,146,906
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$430,994
Assessed improvement
$738,850
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1940
Heating
NONE
Total area
3,000 SF
Lot
0.11 ac (4,791 SF)
Zoning code
DC
APN
073-0-035-050
UPID
US10-0979686
Jurisdiction
VENTURA
Zoning & alternative use
DC · Ventura, CA
Zoning DC · permitted uses
DC · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$965,000
WAREHOUSE, STORAGE
Est. value
$870,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1940
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Yvonne M Glassey
Individual
Free & Clear · 4 yrs held
Mailing address
1351 NATHAN LN, VENTURA, CA 93001-4010
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
—
Yvonne M Glassey
Yvonne M Glassey
Intrafamily Transfer
related
—
Jun 29, 2016
—
Heyder Trust
Heyder Paul & Y Trust
Quit Claim Deed
related
—
May 26, 2016
—
Yvonne M Glassey
Heyder,paul
Affidavit Of Death
related
—
Aug 22, 2011
$950,000
Heyder Family Trust
Logue,charles G & Candy S
Grant Deed
—
Jan 7, 1999
$192,000
Amdrew K Cjalores
John C Orr Estate
Grant Deed
$180,000 · Seller
Dec 31, 1998
$22,000
Nicolas J Chakires Estates
Chakires,andrew J
Grant Deed
related
—
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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