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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Industrial properties
5384 Kazuko Ct Moorpark, CA 93021-1790
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1469941
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Year built
1989
Total area
10,437 SF
Lot
0.53 ac (23,086 SF)
Zoning code
M1
APN
511-0-070-655
UPID
US10-1469941
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
-
Life Spring Community Church Church
-
Valley Design Manufacturing Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.33M
Owner & transaction history
Christopher J Spencer · 2 yrs held
Christopher J Spencer
since 2024
Last sale
$48,000
6 recorded transactions
Zoning & alternative use
M1 · Moorpark, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Moorpark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorpark 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MULTI-TENANT INDUSTRIAL BUILDING
$1,925,000
Current use
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±10% · vs last sale $48k (Jul 17 2024)
Last sale anchor
$48k
Jul 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
$127 / 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
$7,615
Tax year 2023
Assessed value
$1,156,411
Assessed 2024
Previous assessed
$1,156,411
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$362,686
Assessed improvement
$793,725
Applied tax rate
10.0000
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
MULTI-TENANT INDUSTRIAL BUILDING
Status
Off-Market
Year built
1989
Heating
NONE
Total area
10,437 SF
Lot
0.53 ac (23,086 SF)
Zoning code
M1
APN
511-0-070-655
UPID
US10-1469941
Jurisdiction
VENTURA
Zoning & alternative use
M1 · Moorpark, CA
Zoning M1 · permitted uses
M1 · Moorpark, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Moorpark. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MULTI-TENANT INDUSTRIAL BUILDING Current
Est. value
$1.9M
MULTI-TENANT INDUSTRIAL BUILDING Current
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
1989
Heating
NONE
Lot
0.53 ac
Current owner
From public records · entity-resolved
Christopher J Spencer
Individual
Free & Clear · 2 yrs held
Mailing address
24023 CPE MAY CT, VALENCIA, CA 91355-3317
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
—
Christopher J Spencer
Christopher J Spencer
Intrafamily Transfer
related
—
Dec 16, 2021
—
Christopher J Spencer
Christopher Jay Spencer
Intrafamily Transfer
related
—
Feb 10, 2005
—
Christopher J Spencer
Spencer Barbara G Trust
Quit Claim Deed
related
—
Jun 28, 1994
$48,000
Vernon E Spencer
Zalud Trust
Grant Deed
$269,336 · Wells Fargo Bank
Oct 4, 1989
$760,000
Charles E Zalud
Tiffany Business
Grant Deed
$275,000 · Tiffany Business
—
—
Charles E Zalud
—
Deed Of Trust
related
$275,000 · Security Pacific National Bank
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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