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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4600 1000th Oaks Blvd Westlake Village, CA 91362-3891

    • Warehouses
    • 10,997 SF
    • 5.63 lot acres
    OFF-MARKET
    Value Estimations
    $2,240,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1730387
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 4600 1000th Oaks Blvd

    Lot size
    5.63 lot acres
    Property size
    10,997 SF
    Zone code
    M1
    Property type
    Warehouses
    APN
    687-0-012-015
    APU
    6870012015

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,595,000
      6.5%
      $2,395,000
      7%
      $2,220,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,200,000
      Current use
      COMMERCIAL (GENERAL)
      $3,695,000
      Change: +16% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Westlake Village
    County
    Ventura
    State
    California
    Longitude
    -118.81
    Latitude
    34.1561
    CBSA code
    37100
    CBSA name
    OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $78,933
    $2,742,003
    $4,212,831
    $6,954,834
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,010,000
      59,500 SF

      5730 Corsa Ave

      WAREHOUSE, STORAGE • 59,500 SF
      5730 Corsa Ave, Westlake Village, CA 91362-4001
      View Details
    • Value Estimation
      $2,480,000
      12,504 SF

      5706 Corsa Ave, Unit B

      WAREHOUSE, STORAGE • 12,504 SF
      5706 Corsa Ave, Westlake Village, CA 91362-4057
      View Details
    • Value Estimation by Request
      1,185 SF

      1265 1000th Oaks Blvd

      WAREHOUSE, STORAGE • 1,185 SF
      1265 1000th Oaks Blvd, Thousand Oaks, CA 91362-2818
      View Details
    • Value Estimation
      $12,625,000
      66,977 SF

      161 Duesenberg Dr

      WAREHOUSE, STORAGE • 66,977 SF
      161 Duesenberg Dr, Westlake Village, CA 91362-3410
      View Details
    • Value Estimation
      $515,000
      1,471 SF

      100 Skyline Dr

      WAREHOUSE, STORAGE • 1,471 SF
      100 Skyline Dr, Thousand Oaks, CA 91362-3421
      View Details
    • Value Estimation by Request
      7,912 SF

      31119 Via Colinas

      Distribution properties • 7,912 SF
      31119 Via Colinas, Westlake Village, CA 91362
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Westlake Village Industrial Facility

      16,500 sq ft industrial facility with development potential.
      Westlake Village, CA 91362
      View Details
    • $28,280,000
      113,122 SF

      Westlake Village Flex Building Opportunity

      Vacant flex building in Westlake Village for sale.
      4553 La Tienda Rd, Westlake Village, CA 91362
      View Details
    • New
      $1,800,000
      60,112.80 Acres

      Thousand Oaks Vacant Land Opportunity

      Expansive vacant lot in a prestigious Thousand Oaks neighborhood.
      1874 Dawn Meadow St, Thousand Oaks, CA 91362
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    • New
      $849,999
      1,647 SF

      Westlake Village Office Condo Investment

      Prime 1,647 SF office condo in Westlake Village.
      141 Duesenberg Dr, Thousand Oaks, CA 91362
      View Details
    • $1,700,000

      Land For Sale

      Land available for sale.
      170 Erbes Rd, Thousand Oaks, CA 91362
      View Details
    • $1,400,000
      2.39 Acres

      Prime Thousand Oaks Development Land

      2.39 Acres, Mixed-Use Potential
      1710 Thousand Oaks Blvd, Thousand Oaks, CA 91362
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      5,775 SF

      Westlake Village Creative Office/Warehouse

      Modern Office & Warehouse Space Available
      31230 Cedar Valley Dr, Westlake Village, CA 91362
      View Details
    • Contact for pricing
      15,674 SF

      Westlake Village Office/Warehouse Sublease

      Office/warehouse space available for sublease in Los Angeles.
      31316 Via Colinas, Westlake Village, CA 91362
      View Details
    • Contact for pricing
      19,058 SF

      Westlake Village Flex Space Available

      Flex space with high ceilings and walkable amenities for lease.
      31293 Via Colinas, Westlake Village, CA 91362
      View Details
    • $19 SF/Yr
      10,124 SF

      North Ranch Office Space Available

      Westlake Village Office: 2,314 sq ft.
      4500 Thousand Oaks Blvd, Thousand Oaks, CA 91362
      View Details
    • $2 SF/Yr
      6,427 SF

      Westlake Village Office Space

      Office building for lease in Westlake Village, California.
      1400 N Westlake Blvd, Westlake Village, CA 91362
      View Details
    • Contact for pricing
      36,634 SF

      Retail Units For Lease

      Retail units available for lease in Thousand Oaks, California.
      2835-2839 E Thousand Oaks Blvd, Thousand Oaks, CA 91362
      View Details
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    4600 1000th Oaks Blvd
    Westlake Village, CA 91362-3891
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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