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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Industrial properties
4848 Colt St Ste 11 Ventura, CA 93003-7732
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1611621
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1984
Total area
1,511 SF
Lot
1.16 ac (50,530 SF)
Zoning code
MPD
APN
084-0-144-235
UPID
US10-1611621
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
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Legends Sports Photography LLC · 2 yrs held
Legends Sports Photography LLC
since 2024
Last sale
$522,000
4 recorded transactions
Zoning & alternative use
MPD · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
D Commercial Planned Development Zone 24.244 MXD Mixed-Use Zone 24.248 Harbor Mixed-Use Zone (HMXD) 24.250 Zones Within Downtown Specific Plan 24.260 M-1 Limited Industrial Zone 24.262 M-2 General Industrial Zone 24.264 M-P-D Manufacturing Planned Development Zone 24.270 A Agricultural Zone 24.280 H Hospital Zone 24.290 P Parks Zone 24.295 CMXD Coastal Mixed…
Zone name
Manufacturing Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
654.03 ac
Source
Development Code PDF
Top alternative use upside
Neighborhood: shopping center
$635,000
+52.0%
Medical building
$575,000
+37.9%
Auto repair, garage
$565,000
+35.8%
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
$520,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$415,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$635,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$575,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$565,000
Change: +36% · Conversion: Easy
COMMERCIAL (GENERAL)
$535,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$515,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$440,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $522k (Apr 17 2024)
Last sale anchor
$522k
Apr 17 2024
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
$344 / 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
$1,773
Tax year 2023
Assessed value
$156,562
Assessed 2024
Previous assessed
$153,493
+2.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$46,963
Assessed improvement
$109,599
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1984
Heating
NONE
Total area
1,511 SF
Lot
1.16 ac (50,530 SF)
Zoning code
MPD
APN
084-0-144-235
UPID
US10-1611621
Jurisdiction
VENTURA
Zoning & alternative use
MPD · Ventura, CAZoning MPD · permitted uses
MPD · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
D Commercial Planned Development Zone 24.244 MXD Mixed-Use Zone 24.248 Harbor Mixed-Use Zone (HMXD) 24.250 Zones Within Downtown Specific Plan 24.260 M-1 Limited Industrial Zone 24.262 M-2 General Industrial Zone 24.264 M-P-D Manufacturing Planned Development Zone 24.270 A Agricultural Zone 24.280 H Hospital Zone 24.290 P Parks Zone 24.295 CMXD Coastal Mixed-Use Zone Division 3. Overlay Zone Regulations 24.300 General Provisions 24.305 Resid
Zone name
Manufacturing Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
654.03 ac
Source
Development Code PDF
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$415,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$635,000
MEDICAL BUILDING
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$535,000
OFFICE BUILDING
Est. value
$515,000
WAREHOUSE, STORAGE
Est. value
$440,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1984
Heating
NONE
Lot
1.16 ac
Current owner
From public records · entity-resolved
Legends Sports Photography LLC
Entity
Mailing address
4848 COLT ST STE #1, VENTURA, CA 93003-7732
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
$522,000
Legends Sports Photography LLC
David C Brown
Grant Deed
$391,500 · Silver Hill Financial LLC
Feb 26, 2001
$106,000
David C Brown
Dudley Trust
Grant Deed
$81,000 · Seller
Jul 28, 1989
$87,500
Don J Dudley
Booth Ronald R
Grant Deed
$60,000 · Money Store California
Apr 14, 1989
—
Ronald R S Booth
—
Deed Of Trust
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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