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Property profile

700 Arneill Rd Camarillo, CA 93010

Commercial land
Property ID
US09-1217923
View Sample
1,568 SF 0.51 ac lot Built 1971
Entity Owned 5-yr Hold Free & Clear

Property summary

AI-generated overview

Central Plaza, located in Camarillo, CA at 700 Arneill Rd, 93010, offers exceptional retail and restaurant opportunities. This 180,735 square foot center boasts a prime location at the intersection of Arneill Road and E. Ponderosa Drive, experiencing high daily traffic counts exceeding 18,000 and 16,500 vehicles respectively. Arneill Road serves as a key north-south connector for affluent Camarillo neighborhoods, while Ponderosa Drive provides significant east-west traffic flow. The center features a strong tenant mix including anchor tenants Vons and CVS, alongside national chains like Coffee Bean and Tea Leaf, Subway, and Baskin Robbins, complemented by local businesses such as Lucerne Italian Restaurant. Multiple tenancy options are available, including anchor, junior anchor, inline, drive-thru, and restaurant spaces. The largest contiguous space available is 38,683 square feet. Ample parking is provided with 804 spaces. This Ventura County property presents a compelling investment opportunity within a thriving Camarillo submarket. The property is situated in Ventura County, California.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1971
Total area 1,568 SF
Lot 0.51 ac (22,254 SF)
Zoning code CPD
APN 166-0-210-065
UPID US09-1217923

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.07M

Owner & transaction history

since 2021
Last sale
$7.3M
7 recorded transactions
2021
Price N/A
2015
Price N/A
2010
$7.3M
2010
$8.2M
2010
$6.5M
1996
Price N/A
1994
Price N/A

Zoning & alternative use

CPD · Camarillo, CA
Zoning description

The CPD zone is established to provide areas for the development of planned commercial uses. The general placement, design and intensity of uses in this zone should be planned to protect and preserve the character of adj…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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