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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Industrial properties
885 Patriot Dr Ste H Moorpark, CA 93021-3353
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-0643632
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Total area
1,477 SF
APN
512-0-460-185
UPID
US10-0643632
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
-
Home Video Studio Video Editing Service
-
Lobana Engineering Inc. Structural Engineer Civil Engineer
-
The Management Company Property Management Company
-
Patriot Family Medicine-Dr.Fadel Abdulhai Medical Clinic
-
Corporate Travel Center Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$585k
Owner & transaction history
Hang On Voltaire LLC · 3 yrs held
Hang On Voltaire LLC
since 2023
Last sale
$569,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$620,000
+22.8%
Office building
$565,000
+12.0%
Medical building
$560,000
+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
$770,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$505,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$620,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$565,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$560,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$555,000
Change: +10% · Conversion: Easy
COMMERCIAL (GENERAL)
$495,000
Change: -1% · Conversion: Difficult
WAREHOUSE, STORAGE
$430,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $569k (Apr 14 2023)
Last sale anchor
$569k
Apr 14 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
$396 / 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
$5,972
Tax year 2023
Assessed value
$580,380
Assessed 2024
Previous assessed
$503,073
+15.4% YoY
Effective rate
1.03%
On assessed value
Assessed land
$231,540
Assessed improvement
$348,840
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
1,477 SF
APN
512-0-460-185
UPID
US10-0643632
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
$505,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$620,000
OFFICE BUILDING
Est. value
$565,000
MEDICAL BUILDING
Est. value
$560,000
AUTO REPAIR, GARAGE
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$495,000
WAREHOUSE, STORAGE
Est. value
$430,000
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
Current owner
From public records · entity-resolved
Hang On Voltaire LLC
Entity
Mailing address
4236 CRABAPPLE CT, MOORPARK, CA 93021-3587
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2023
$569,000
Hang On Voltaire LLC
B Neill Winner
Grant Deed
$398,300 · Citizens Business Bank
Aug 16, 2017
$460,000
B Neill Winner
Christopher J Madrigal
Grant Deed
$391,000 · Seacoast Commerce Bank
May 13, 2009
$435,500
Christopher J Madrigal
Ust Patriot LP
Grant Deed
$217,710 · Wells Fargo Bank NA
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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