12001 Firestone BlvdNorwalk, CA 90650

Property Details for 12001 Firestone Blvd

Year built

1988

Construction

TILT-UP CONCRETE

Lot size

1.43 AC

Property size (Sq ft)

24,329 SF

Property type

Retail space

APN

8048-026-036

APU

8048026036

Description

This exceptional retail property, located at 12001 Firestone Boulevard in Norwalk, California, 90650, offers 10,511 square feet of vacant space, ideally situated at one of Norwalk's best intersections. The property is a multi-tenant building with flexible space options, perfect for a variety of retail businesses. Units range from a minimum of 1,180 square feet to a maximum contiguous space of 4,300 square feet, providing flexibility for businesses of different sizes. Five individual spaces are currently available. Ample parking is provided for customers and employees, ensuring convenient access for all. The property's prime location in Los Angeles County offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking high foot traffic and strong brand exposure. This is a rare opportunity to secure retail space in a desirable location with significant potential for growth and success. The property is classified as Retail, Subtype Storefront. The total building size is 10,511 square feet, with 10,511 square feet currently vacant. The property is located in Los Angeles County.

• CAP approach

  CAP return

  Valuation

  6%

  $10,274,407

  6.5%

  $9,484,068

  7%

  $8,806,635

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,658,535

  Geo Method

  $11,658,535

• Alternative Use

  Use

  Valuation

  Residential

  $8,000,166

  Hospitality

  $7,328,110

  Educational

  $6,096,901

  Medical

  $6,306,583

  Retail

  $9,484,068

Location Insight

City

Norwalk

County

Los Angeles

State

California

Latitude

33.9101

Longitude

-118.076

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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