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    6555 Telephone Rd Ventura, CA 93003
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    Property profile & analytics

    6555 Telephone Rd, Ventura, CA 93003

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    • Strip malls
    • 12,474 SF
    • 0.30 lot acres
    For Lease
    $1,870,000
    View Listing →
    Ventura Office Space Available For Lease
    $1,870,000

    Ventura Office Space Available

    One-story office building in a seven-building office campus.

    6555 Telephone Road, Ventura, CA 93003
    View Listing
    Property ID
    US10-1487047
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 6555 Telephone Rd

    Year built
    1983
    Lot size
    0.30 lot acres
    Zone code
    CPD
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    083-0-270-105
    APU
    830270105

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 22, 2017 — Omnin Et Ventura LLC Omninet Ventura LP Grant Deed —
    Sep 28, 2016 $24,000,000 Omninent Ventura LP Center Promenade LLC Grant Deed $17.6M · Bank Of America
    Oct 5, 2012 — Center Promenade LLC — Deed Of Trust · related $860M · New York Life Insurance
    Jul 31, 2007 — Center Promenade LLC Arden Realty LP Grant Deed $860M · Wachovia Bank NA
    — — Center Promenade LLC — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,675,000
      6.5%
      $2,470,000
      7%
      $2,295,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Ventura
    County
    Ventura
    State
    California
    Longitude
    -119.205
    Latitude
    34.2674
    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
    $20,348
    $827,085
    $1,057,154
    $1,884,239
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $670,000
      4,165 SF

      4624 Telephone Rd

      SHOPPING CENTER, STRIP CENTER
      4624 Telephone Rd, Ventura, CA 93003-5683
      View Details
    • Value Estimation
      $2,395,000
      21,550 SF

      390 Mls Rd

      SHOPPING CENTER, STRIP CENTER
      390 Mls Rd, Ventura, CA 93003-3433
      View Details
    • Value Estimation
      $3,490,000
      16,400 SF

      4051 Main St

      SHOPPING CENTER, STRIP CENTER
      4051 Main St, Ventura, CA 93003-8280
      View Details
    • Value Estimation
      $955,000
      7,100 SF

      3737 Telegraph Rd

      SHOPPING CENTER, STRIP CENTER
      3737 Telegraph Rd, Ventura, CA 93003-3464
      View Details
    • Value Estimation by Request
      6,000 SF

      4360 Main St

      SHOPPING CENTER, STRIP CENTER
      4360 Main St, Ventura, CA 93003-8279
      View Details
    • Value Estimation
      $8,905,000
      13,938 SF

      5101 Telegraph Rd

      SHOPPING CENTER, STRIP CENTER
      5101 Telegraph Rd, Ventura, CA 93003-4152
      View Details

    Similar Nearby for Sale

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      Mid-Town Retail Units For Sale

      Four retail units in mid-town location with high visibility.
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      Multi-Tenant Retail Property

      Fully leased multi-tenant retail asset with 8 occupied units in a highly visible Ventura corridor.
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    Similar Nearby for Lease

    • $17 SF/Yr
      8,471 SF

      Ventura Retail Center Opportunity

      Prime Ventura retail space, multiple units available
      0 Main St, Ventura, CA 93003
      View Details
    • $1.75 SF/Yr
      4,500 SF

      Retail Space on Johnson Drive

      Retail spaces available in Ventura community shopping center.
      2855 Johnson Dr, Ventura, CA 93003
      View Details
    • $2 SF/Yr
      1,821 SF

      Retail Suites Available For Lease

      Retail suites available for lease at The Willows shopping center.
      6838 Northbank Dr, Ventura, CA 93003
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    • Contact for pricing
      18,761 SF

      Freeway Visible Ventura Retail Space

      Freeway-visible shopping center with junior anchor and restaurant spaces available.
      4870 Telephone Rd, Ventura, CA 93003
      View Details
    • Contact for pricing
      2,725 SF

      Ventura Retail Space Available

      Retail space for lease in Ventura community shopping center.
      4255 East Main St, Ventura, CA 93003
      View Details
    • $1.75 SF/Yr
      3,141 SF

      Ventura Storefront with Recent Renovations

      Storefront property with frontage on E. Main Street in Ventura.
      2424 East Main St, Ventura, CA 93003
      View Details
    View Listing
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    Ventura, CA 93003
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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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    6555 Telephone Rd, Ventura, CA, 93003
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