Ventura,
California

Restoring a distressed asset nestled in the scenic Santa Rosa Valley

RERC acquired a 108-acre site on Crooked Palm Road in Ventura, California. The property has been vacant for years after serving as an ammonia-urea and nitric acid fertilizer plant and as a former oil and gas refinery. 

Ventura, CA has an expanding economy with an increased need for quality industrial and commercial space. Once revitalized, the Palm Road, LLC site will be an asset to the community.

Acquired

2019

Property Type

Industrial

Area

108 Acres

Status

In Progress

More information

View Press Release

 

Original Property

Pursuing an outcome that will advance the county's priorities to safeguard the environment and revitalize the property.

Property Facts
  • The Palm Road, LLC site was formerly an ammonia fertilizer production facility and oil/gas refinery.

  • Site includes rail access and utilities. 

  • Ventura County has a growing population of 825,000 with an increasing need for sites zoned for commercial and industrial use.
About the Investor
Real Estate Recovery Capital is a national Brownfield investment firm with a focus on buying, remediating and revitalizing properties which have some level of environmental impairment. Please contact us about selling a property or collaborating on property redevelopment

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