1027 Amar RdWest Covina, CA 91792
- Retail properties
- 23,845 SF
Property Details for 1027 Amar Rd
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 1.97 AC
- Property size (Sq ft)
- 23,845 SF
- Zone code
- WCCN*
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 8743-006-043
- APU
- 8743006043
Description
This exceptional retail property, located at 1027-1047 E Amar Rd in West Covina, CA 91792, offers 14,975 square feet of space across multiple tenancies. The property sits on a sizable 54,464 square foot lot and is zoned N-C (Neighborhood Commercial), providing flexibility for a variety of retail uses. Five individual spaces are currently available, ranging in size from 440 to 2,232 square feet, perfect for restaurants, cafes, or general retail businesses. Its prime location at the intersection of Amar Rd and Valinda Ave ensures high visibility and accessibility, benefiting from significant traffic flow. The surrounding area boasts a thriving commercial environment, with nearby establishments including Stater Bros., Eastland Center, and Shadow Oak Park, creating a strong customer base. This property presents a unique opportunity to establish or expand a business in a vibrant and well-established West Covina community. The property's APN is 8743-006-041, 8743-006-044.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $9,674,440
- 6.5%
- $8,930,253
- 7%
- $8,292,378
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,442,972
- Geo Method
- $11,426,600
-
Alternative Use
- Use
- Valuation
- Residential
- $7,533,002
- Hospitality
- $6,900,190
- Educational
- $5,740,876
- Medical
- $5,938,314
- Retail
- $8,930,253
Location Insight
- City
- West Covina
- County
- Los Angeles
- State
- California
- Latitude
- 34.0362
- Longitude
- -117.924
- 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
FAQs
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