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4573 N Ventura Ave - NEWLY REDUCED-Industrial Frontage RV Storage

2.91 Acres of Industrial Land Offered at $2,950,000 in Ventura, CA 93001

Investment Highlights

  • Great Highway Frontage
  • Proposed RV Parking project in process
  • Billboard included in sale of property

Executive Summary

Owner Financing Available:
50% Down
20 Year Amortization
3 Year Bloom
8% Interest only or better depending on credit
Entitlements are in process for a 100 space RV Parking Facility which will include a 1500 Square Foot Office and Managers Apartment. The exposure this property has from Hwy 33 and Ventura Ave is ideal for this or any use the buyer wishes to pursue. Current Zoning is M-2 (Limited Industrial). Excellent opportunity to build this 'In-Process' RV Project. Billboard has been removed from the sale of the property and seller has reduced the price to $3,150,000.00. Billboard is still available for additional $766,665.00. ADDITIONALLY, SELLER WILL SELL EXISTING SPLIT INTO TWO PARCELS.

Property Facts

Price $2,950,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • High Vacancy Property
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 2.91 AC

1 Lot Available

Lot

Price $2,950,000
Price Per AC $1,013,746
Lot Size 2.91 AC

Prime location on Ojai Freeway (Hwy 33) with almost 900' of Freeway frontage and approximately 850' of Ventura Avenue Frontage.

Description

Vacant 2.9 acre lot ready for M-2 development with approximately 35,000 vehicles that pass by every day.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 063-0-120-315
  • 063-0-120-295
  • 063-0-140-665
  • 063-0-120-305
Land Assessment
$1,664,639
Improvements Assessment
$0
Total Assessment
$1,664,639

zoning

Zoning Code M2 (Existing Zoning is M-2 (Limited Industrial).)
M2 (Existing Zoning is M-2 (Limited Industrial).)
  • Listing ID: 29209578

  • Date on Market: 8/7/2023

  • Last Updated:

  • Address: 4573 N Ventura Ave, Ventura, CA 93001

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