510 Grand AveGlendora, CA 91741

Property Details for 510 Grand Ave

Year built

1980

Construction

STEEL FRAME

Lot size

1.85 AC

Property size (Sq ft)

24,781 SF

Zone code

GDC_RT66SP

Property type

Office properties

Property subtype

Office buildings

APN

8639-028-013

APU

8639028013

Description

This exceptional commercial property, located at 510 S. Grand Ave, Glendora, CA 91741, offers 24,462 square feet of versatile office space. Classified as a Class B building, it sits on a sizable 1.86-acre lot and is zoned GMU. The property's APN is 8639-028-013. Currently configured for multiple tenants, this building is ideal for a variety of uses, including traditional office and medical office spaces. One suite of 1,980 square feet is currently available. The building's strategic location in Glendora provides excellent access to major transportation routes and local amenities. The property presents a compelling opportunity for investors and businesses seeking a well-established presence in a thriving California market. Its substantial size and flexible layout offer significant potential for growth and adaptation to evolving business needs. This is a rare opportunity to acquire a substantial office building in a desirable location. Further details regarding the available suite and building specifications are available upon request. The property is situated at 34.129883122605825 latitude and -117.87257235921568 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $6,640,287

  6.5%

  $6,129,496

  7%

  $5,691,674

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,692,734

  Geo Method

  $4,712,355

• Alternative Use

  Use

  Valuation

  Residential

  $7,600,574

  Hospitality

  $6,962,086

  Educational

  $5,792,374

  Medical

  $5,991,582

  Retail

  $9,010,359

Location Insight

City

Glendora

County

Los Angeles

State

California

Latitude

34.1302

Longitude

-117.872

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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