Princeton Avenue and Nogales Avenue , Moorpark, CA – FOR SALE

Kosmont Realty (“KR”) is presenting the sale of an approximately 2.25-acre property located at Princeton Avenue and Nogales Avenue (APNs: 513-0-024-105, 513-0-024-135) in the City of Moorpark (“Property”).

The Property offers a unique development opportunity in the City, which is served directly by the 118/23 Freeways with immediate connections to five major freeways (101, 126, 5, 405 and 210) and is within an hour drive from Burbank, Santa Barbara, and Los Angeles International airports. The City is also adjacent to a major business /corporate center (Harley-Davidson, PennyMac Loan Services, Career Education Center Moorpark, Turbonetics Inc., and Tri-County Powersports).

The City of Moorpark, located in the southeastern part of Ventura County, boasts high average household incomes ($139K) and an educated workforce (42% - Bachelor’s/Grad/Prof. Degree). Moorpark is also a business-friendly city that has stable quality neighborhoods, enjoys an outstanding business area profile, and is just 50 miles northwest of downtown Los Angeles. Moorpark is consistently ranked as of one of the safest cities in the US and offers strong trade area demographics, excellent access to major freeways (23 and 118 freeways), educational institutions (Moorpark Community College), major airports (LAX, Burbank, Van Nuys and Oxnard), and convenient freight and passenger service.

$/Sq.Ft: N/A
Neighborhood/Subdivision: N/A
Zoning: M-2 (Limited Industrial)

APN:  512-0-024-105;-135

All questions and inquiries regarding the Property should be directed to the KR representatives identified herein.

The prospective buyer(s) will be selected by Seller in its sole and absolute discretion based on a variety of factors including but not limited to:

• Purchase Price
• Timing of due diligence and closing period
• Experience, qualifications, and proposed use for the property
• Financial Capacity
• Compliance with the City of Moorpark Zoning Code

Buyer(s) must submit offers no later than 3:00 p.m. PST on Wednesday, September 9, 2020. Prior to submitting an offer, buyer(s) are encouraged to verify the intended use of the property with the City to the satisfaction of buyer(s). Buyer(s) must submit an offer in writing via mail or electronically (preferred) to:

Kosmont Realty (License # 02058445)*
Attn: Mr. Brian Moncrief, Senior Managing Director
1230 Rosecrans Ave., Ste 630
Manhattan Beach, CA 90266

* Kosmont Real Estate Services, dba “Kosmont Realty"

DISCLAIMER: Do not rely on any measurements or placements of any improvements depicted or shown herein, as they are estimates only. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified the data and make no guarantee, warranty or representations whatsoever. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the properties. The value of this transaction to you depends on multiple factors, which should be evaluated by your tax, financial, and legal advisors. No express or implied representations have been made regarding any conditions pertaining to soil and/or toxic waste, hazardous materials, and/or undesirable substances in or on the properties. You and your advisors should conduct a careful, independent investigation of the properties to determine to your satisfaction the suitability of the properties for your needs. The Seller may continue to solicit offers beyond the Offer Deadline if, in its respective sole determination, is not satisfied with the offers received. Development entitlements and sale of properties subject to City/Public Agency/Successor Agency approval