City Of Thousand Oaks Acquires 4.07 Acre Development Site On Erbes Road For $10M | 384 Erbes Road | Mike Tingus, Jared Smits | Development Site | Sale

Summary

Sale

CALIFORNIA

Development Site

1,772,892 sqft

The City of Thousand Oaks has acquired a development site located at 384 Erbes Road in the Conejo Valley area. The property spans approximately 4.07 acres.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $10,000,000
Date: 11/10/2021
Address: 384 Erbes Road
Market: Conejo Valley
Buyer: City of Thousand Oaks
Seller: Hillcrest Christian Center of Thousand Oaks
Brokers: Jared Smits & Mike Tingus - Lee & Associates

The transaction was facilitated by brokers Jared Smits and Mike Tingus from Lee & Associates.

Players

All
3

Agents
2
Agencies
1

$290.8M Sold

$57.5M Sold

Details

Deal Summary

SOLD

IMAGE: Jared Smits & Mike Tingus DATE: 11/10/2021 ADDRESS: 384 Erbes Road MARKET: Conejo Valley ASSET TYPE: Development Site ~ ACRES: 4.07 BUYER: City of Thousand Oaks SELLER: Hillcrest Christian Center of Thousand Oaks BROKERS: Jared Smits (@JSmits58) & Mike Tingus (@MikeTingus) - Lee & Associates SALE PRICE: $10,000,000

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Address384 Erbes Road

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