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Property profile & analytics
FOR LEASE
Office buildings
5740 Ralston St Ventura, CA 93003
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1487111
For Lease
1 / 3
$8,975,000
5740 Ralston St, Ventura, CA 93003
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
30,184 SF
Lot
0.43 ac (18,730 SF)
APN
137-0-053-065
UPID
US10-1487111
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
by Request
CAP Approach
CAP
$8.77M
Comparable Approach
Comparable
$10.70M
Blend (final)
Blend
$8.98M
Owner & transaction history
Ctf6 & Ventura Office LLC · 17 yrs held
Ctf6 & Ventura Office LLC
since 2008
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.6M
+42.0%
Neighborhood: shopping center
$12.7M
+23.2%
Apartment house (5+ units)
$11.6M
+13.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,500,000
6.5%
$8,770,000
7%
$8,140,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,270,000
Current use
RESTAURANT
$14,585,000
Change: +42% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$12,650,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,640,000
Change: +13% · Conversion: Easy
MEDICAL BUILDING
$11,480,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$11,305,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,715,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$8,780,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$8.98M
Range $8.08M – $9.87M · ±10%
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
$297 / 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
$66,797
Tax year 2023
Assessed value
$6,217,495
Assessed 2024
Previous assessed
$6,095,584
+2.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,004,086
Assessed improvement
$4,213,409
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1974
Heating
NONE
Total area
30,184 SF
Lot
0.43 ac (18,730 SF)
APN
137-0-053-065
UPID
US10-1487111
Jurisdiction
VENTURA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.3M
RESTAURANT
Est. value
$14.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.6M
MEDICAL BUILDING
Est. value
$11.5M
AUTO REPAIR, GARAGE
Est. value
$11.3M
COMMERCIAL (GENERAL)
Est. value
$10.7M
WAREHOUSE, STORAGE
Est. value
$8.8M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1974
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
Ctf6 & Ventura Office LLC
Entity
Free & Clear · 17 yrs held
Mailing address
11617 TAIMA AVE, CHATSWORTH, CA 91311-1292
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2008
—
Ctf6 & Ventura Office LLC
Owner Name Unavailable
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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