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    970 Petit Ave Ventura, CA 93004-2215

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    970 Petit Ave Ventura, CA 93004-2215


    • Medical Office Space
    • 8,102 SF
    • 1.01 lot acres
    Off-Market
    Last Sale Mar 24, 2025
    $1,550,000
    Property ID
    US10-1485185
    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
    $1,560,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 970 Petit Ave

    Year built
    1977
    Lot size
    1.01 lot acres
    Property size
    8,102 SF
    Zone code
    PO
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    087-0-151-290
    APU
    870151290

    Description

    This exceptional 8100-square-foot medical office building is situated on a full acre lot in Ventura, California, and is offered for sale at $1,999,000. The single-story building boasts a striking roof design and features two large entryways for convenient access. Ample parking is available across the entire one-acre lot, catering to the needs of patients and staff. The interior is fully equipped for immediate medical use, including plumbing, multiple exam rooms, and other necessary medical facilities. Six private bathrooms are strategically located throughout the building, supplemented by a public restroom. An inviting atrium garden provides a pleasant outdoor space for tenants, and a sizable backyard adds to the property's appeal. Several suites include convenient sliding doors, enhancing accessibility. The building benefits from a 100-foot frontage on Petit Avenue. Its convenient location offers easy access to major roads and freeways, ensuring accessibility for patients and staff from Ventura and neighboring cities such as Oxnard, Camarillo, and Thousand Oaks. Proximity to popular grocery stores (Grocery Outlet, Smart & Final, Target, and Trader Joe's) and diverse restaurant options further enhances its desirability. Ventura's growing population and strong demand for healthcare services make this a truly unique investment opportunity for both owner-users and investors seeking a high-return property in a thriving market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,950,000
      6.5%
      $1,800,000
      7%
      $1,670,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,329,000
      Market price range: $720k - $2.52M

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


    Location Insight

    • Map
    • Local Demand
    City
    Ventura
    County
    Ventura
    State
    California
    Longitude
    -119.172
    Latitude
    34.2732
    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
    $19,779
    $1,024,045
    $768,032
    $1,792,077
    -
    $0.00
    $0.00
    $0.00
    More about this property
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