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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Industrial properties
862 Patriot Dr B Moorpark, CA 93021-3603
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-0565948
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Total area
2,394 SF
Lot
0.16 ac (7,113 SF)
APN
512-0-450-265
UPID
US10-0565948
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
-
CF MotorSports Factory Production Facility
-
It's Magic Ink Marketing & Advertising
-
Photo Emission Tech Inc Electronics & Wireless Store
-
Zrappy Auto Parts Store Motorcycle Shop
-
Cheryl Schuhmann-Wertheimer Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$915k
Owner & transaction history
Patriot Group Holdings LLC · 3 yrs held
Patriot Group Holdings LLC
since 2023
Last sale
$886,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.0M
+22.8%
Office building
$915,000
+12.0%
Medical building
$910,000
+11.5%
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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$815,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,005,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$915,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$910,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$895,000
Change: +10% · Conversion: Easy
COMMERCIAL (GENERAL)
$805,000
Change: -1% · Conversion: Difficult
WAREHOUSE, STORAGE
$695,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $886k (May 26 2023)
Last sale anchor
$886k
May 26 2023
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
$382 / 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
$9,017
Tax year 2023
Assessed value
$903,495
Assessed 2024
Previous assessed
$744,384
+21.4% YoY
Effective rate
1.00%
On assessed value
Assessed land
$361,080
Assessed improvement
$542,415
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
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Heating
NONE
Total area
2,394 SF
Lot
0.16 ac (7,113 SF)
APN
512-0-450-265
UPID
US10-0565948
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
INDUSTRIAL (GENERAL) Current
Est. value
$815,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
OFFICE BUILDING
Est. value
$915,000
MEDICAL BUILDING
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$805,000
WAREHOUSE, STORAGE
Est. value
$695,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Patriot Group Holdings LLC
Entity
Mailing address
5146 N COMMERCE AVE STE B, MOORPARK, CA 93021-7137
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
—
Patriot Group Holdings LLC
—
Deed
related
$365,000 · Cdc Small Business Finance Corp
May 26, 2023
$886,000
Patriot Group Holdings LLC
Kevin Barrett
Grant Deed
$442,890 · Mission Bank
Aug 20, 2019
—
Kevin Barrett
—
Deed
related
$547,000 · Lawyers Title Company
Jul 13, 2018
$694,500
Kevin Barrett
Ust Patriot LP
Grant Deed
—
Jul 13, 2018
—
Kevin Barrett
Kristin Fall
Quit Claim Deed
related
$590,000 · First Choice Bk
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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