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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    875 Patriot Dr, Unit F-D Moorpark, CA 93021-3358

    • Office Properties & Spaces
    • 12,274 SF
    OFF-MARKET
    Value Estimations
    $3,445,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1169492
    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.

    Current Use by Public Records

    • Professional Document Services Inc / Law Firm
    • Wells Fargo Home Mortgage / Loan Service / Bank
    • Topaz Systems, Inc. / Corporate Office / Business Park
    • INO Nalen LLC / Telecommunications Service
    • Kytel Solutions, Inc. / Corporate Office

    Property Details for 875 Patriot Dr

    Year built
    2009
    Property size
    12,274 SF
    Property type
    Office Properties & Spaces
    APN
    512-0-460-045
    APU
    5120460045

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,860,000
      6.5%
      $3,565,000
      7%
      $3,310,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,255,000
      Market price range: $2.79M - $6.84M
      AI Estimate
      $2,509,000
      Market price range: $869k - $4.46M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,690,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $5,145,000
      Change: +10% Conversion: Difficult
      MEDICAL BUILDING
      $4,670,000
      Change: -1% Conversion: Easy
      AUTO REPAIR, GARAGE
      $4,600,000
      Change: -2% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $4,185,000
      Change: -11% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,125,000
      Change: -12% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Moorpark
    County
    Ventura
    State
    California
    Longitude
    -118.865
    Latitude
    34.2782
    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
    $28,770
    $678,264
    $1,732,476
    $2,410,740
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,873 SF

      800 Patriot Dr

      Medical offices • 2,873 SF
      800 Patriot Dr, Moorpark, CA 93021
      View Details
    • Value Estimation by Request
      16,429 SF

      145 Park Ln

      Medical offices • 16,429 SF
      145 Park Ln, Moorpark, CA 93021
      View Details
    • Value Estimation
      $2,385,000
      12,310 SF

      875 Patriot Dr, Unit F-B

      CONDOMINIUM OFFICES • 12,310 SF
      875 Patriot Dr, Moorpark, CA 93021-3358
      View Details
    • Value Estimation
      $2,620,000
      13,361 SF

      875 Patriot Dr, Unit F-A

      CONDOMINIUM OFFICES • 13,361 SF
      875 Patriot Dr, Moorpark, CA 93021-3358
      View Details
    • Value Estimation by Request
      28,955 SF

      800-860 Patriot Dr

      Medical offices • 28,955 SF
      800-860 Patriot Dr, Moorpark, CA 93021
      View Details
    • Value Estimation
      $2,320,000
      8,020 SF

      875 Patriot Dr, Unit F-C

      CONDOMINIUM OFFICES • 8,020 SF
      875 Patriot Dr, Moorpark, CA 93021-3358
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,873 SF

      Patriot Professional Plaza: Moorpark Office Suites

      Prime Moorpark Office Space for Sale
      800 Patriot Dr, Moorpark, CA 93021
      View Details
    • $3,477,045
      4,863 SF

      Moorpark Free Standing Office Building

      Free standing office/medical building in Moorpark, CA for sale.
      850 Patriot Dr, Moorpark, CA 93021
      View Details
    • $2,082,925
      43 SF

      Freestanding Office/Medical Buildings Available

      Office/medical buildings for lease or sale near Los Robles Hospital.
      882 Patriot Dr | Moorpark, Moorpark, CA 93021
      View Details
    • $2,082,925
      2,873 SF

      Moorpark Free Standing Office Building

      Free standing office/medical building in Moorpark, CA for sale.
      810 Patriot Dr, Moorpark, CA 93021
      View Details
    • $3,170,385
      4,497 SF

      Moorpark Freestanding Office/Medical Building

      Freestanding office/medical building in Moorpark, no common areas.
      840 Patriot Dr, Moorpark, CA 93021
      View Details
    • $1,600,000

      Land with Avocado Trees

      5.8-acre property with approximately 750 avocado trees.
      6120 Gabbert Rd, Moorpark, CA 93021
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      40,000 SF

      Gateway Plaza: Moorpark Executive Suites

      Premium Moorpark office space, 2 suites available.
      484 Los Angeles Ave, Moorpark, CA 93021
      View Details
    • $27 SF/Yr
      7,672 SF

      Moorpark Office Space Available

      Ventura County office suites, 441-971 sq ft.
      530 Moorpark Ave, Moorpark, CA 93021
      View Details
    • $1.95 SF/Yr
      1,331 SF

      Moorpark Office Suite For Rent

      Office suite available for rent in neighborhood center.
      6593 Collins Dr, Moorpark, CA 93021
      View Details
    • $1.00 SF/Yr
      129,646 SF

      Moorpark R&D Facility For Lease

      High image R&D facility with inexpensive office suites for lease.
      5898 Condor Dr, Moorpark, CA 93021
      View Details
    • $1.75 SF/Yr
      8 SF

      Moorpark Retail/Office Space Available

      Retail or office space available for lease in Moorpark.
      530 Los Angeles Ave, Moorpark, CA 93021
      View Details
    • $1,700 /Mo

      Moorpark Office Space For Rent

      Office space available for lease in a busy Moorpark plaza.
      165 Poindexter Ave, Moorpark, CA 93021
      View Details
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    Moorpark, CA 93021-3358
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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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