9536 Valley BlvdRosemead, CA 91770
- Investment properties
- 9,395 SF
Property Details for 9536 Valley Blvd
- Year built
- 1943
- Construction
- WOOD
- Lot size
- 1.08 AC
- Property size (Sq ft)
- 9,395 SF
- Zone code
- RMM1*
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 8593-002-038
- APU
- 8593002038
Description
This exceptional 9,395 square foot retail property, situated on a 1.08-acre lot at 9536 Valley Boulevard in Rosemead, California, presents a compelling investment opportunity. Boasting over 300 feet of frontage on Valley Boulevard, a major thoroughfare with over 30,000 cars passing daily, this location ensures high visibility and significant foot traffic. The property benefits from its position at the signalized intersection of Merwin C Gill Way and Valley Boulevard, providing excellent accessibility for customers. The commercially zoned land also includes a mixed-use overlay, offering a diverse range of potential uses for the savvy investor. Two convenient ingress and egress points, one before and one at the signalized intersection, further enhance accessibility. This prime location, combined with the substantial size and versatile zoning, makes this property an ideal investment for those seeking high-traffic exposure and diverse development options. The asking price is $7,890,000. This is a rare opportunity to acquire a significant retail property in a thriving location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,517,473
- 6.5%
- $2,323,821
- 7%
- $2,157,834
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,779,114
- Geo Method
- $1,786,553
-
Alternative Use
- Use
- Valuation
- Residential
- $2,881,538
- Hospitality
- $2,639,474
- Educational
- $2,196,011
- Medical
- $2,271,535
- Retail
- $3,416,017
Location Insight
- City
- Rosemead
- County
- Los Angeles
- State
- California
- Latitude
- 34.0809
- Longitude
- -118.061
- 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
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