9400 Firestone BlvdDowney, CA 90241
- Office properties
- 4,143 SF
Property Details for 9400 Firestone Blvd
- Year built
- 1949
- Construction
- WOOD
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 4,143 SF
- Zone code
- DOC2*
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 6284-003-001
- APU
- 6284003001
Description
This exceptional retail opportunity presents a 2,600 square foot endcap space located at 9400 Firestone Boulevard in Downey, California, within Los Angeles County. The property is classified as a shopping center with multiple tenancy, offering a high-visibility location at a busy, signalized intersection. The entire 2,600 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Ample parking is available for customers and employees, ensuring convenient access for all. The property's prime location in Downey, CA, zip code 90241 (latitude 33.9314043, longitude -118.1164283), offers excellent exposure to a high volume of traffic. This makes it ideal for a variety of retail businesses seeking a strong presence in a thriving community. The property type is retail, specifically a shopping center, providing a dynamic environment for potential tenants. This is a unique chance to establish a business in a highly visible and accessible location with significant foot traffic. The entire space is available for lease, presenting a rare opportunity to secure a substantial footprint in a desirable Downey commercial area. Interested parties are encouraged to inquire further to explore this promising retail investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,190,228
- 6.5%
- $1,098,672
- 7%
- $1,020,195
-
Comparable approach
- Method
- Valuation
- Relative Method
- $787,833
- Geo Method
- $787,833
-
Alternative Use
- Use
- Valuation
- Residential
- $1,362,353
- Hospitality
- $1,247,908
- Educational
- $1,038,245
- Medical
- $1,073,952
- Retail
- $1,615,048
Location Insight
- City
- Downey
- County
- Los Angeles
- State
- California
- Latitude
- 33.9315
- Longitude
- -118.116
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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