8551 WestminsterGarden Grove, CA 92844

  • Turn key restaurants
  • 3,667 SF
Off market
$3,312,230 Estimated

Property Details for 8551 Westminster

Year built
1966
Lot size
0.33 AC
Property size (Sq ft)
3,667 SF
Property type
Turn key restaurants
APN
097-441-36
APU
9744136

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $955,132
    6.5%
    $881,660
    7%
    $818,684
  • Comparable approach

    Method
    Valuation
    Relative Method
    $740,578
    Geo Method
    $740,578
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,688,480
    Mixed-Use / Specialty
    $890,978
    Hospitality / Lodging
    $669,907
    Office
    $898,665
    Institutional / Educational
    $930,712
    Residential Income
    $1,088,930
    Multifamily
    $1,236,920
    Automotive / Energy
    $797,753
    Parking / Income-Based Land
    $262,983
    Restaurant / Food Service
    $490,000
    Healthcare / Senior Housing
    $900,903

Location Insight

City
Garden Grove
County
Orange
State
California
Latitude
33.7596
Longitude
-117.98
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,857
$146,743
$154,581
$301,324
-
-
-
-

FAQs

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