1285 Imperial HwyPlacentia, CA 92870
- Retail properties
- 3,568 SF
Property Details for 1285 Imperial Hwy
- Year built
- 1984
- Lot size
- 0.44 AC
- Property size (Sq ft)
- 3,568 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 322-101-17
- APU
- 32210117
Description
This exceptional single-tenant retail space, ideally situated at 1285 E Imperial Hwy in Placentia, California, 92870, presents a fantastic opportunity for restaurant operators. The property boasts a generous 3,662 square feet of space, perfect for a variety of culinary concepts. Its classification as a Class B property reflects its well-maintained condition and functional layout. The building's location on E Imperial Hwy ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. This is a single-tenant occupancy, providing exclusive use and control of the premises. The property is categorized as a retail space specifically suited for restaurant use, offering a ready-made environment for a thriving food service business. The address is easily accessible from major roadways, making it convenient for both employees and customers. This prime location in Placentia offers a strong demographic profile, providing a substantial potential customer base. The property's size and layout provide ample space for both front-of-house operations and a fully equipped kitchen. Serious inquiries are encouraged to explore this exceptional opportunity to establish or expand a successful restaurant venture in a vibrant and accessible location. The property is available for lease and offers a unique chance to secure a well-positioned commercial space in a thriving California market. Further details regarding lease terms and conditions are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,478,404
- 6.5%
- $1,364,681
- 7%
- $1,267,204
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,719,177
- Geo Method
- $1,746,032
-
Alternative Use
- Use
- Valuation
- Residential
- $1,151,159
- Hospitality
- $1,054,456
- Educational
- $877,295
- Medical
- $907,466
- Retail
- $1,364,681
Location Insight
- City
- Placentia
- County
- Orange
- State
- California
- Latitude
- 33.9037
- Longitude
- -117.84
- 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
FAQs
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