Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    897 Ave Montebello, CA 90640

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-traffic corner lot, NNN lease available.

    Property Features for 897 Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,780 SF

    We can help!

    Listing Contact
    Christopher Rodriguez

    Listing Agency: CENTURY 21 MASTERS Listing Agent: Christopher Rodriguez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial land lease opportunity presents two contiguous parcels totaling 21,700 square feet of prime real estate in Montebello, California. Located on the southwest corner of Via Campo and Garfield Avenue, this unimproved property boasts exceptional visibility due to its high-traffic location. The property's two APNs are 5267-008-032 and 5267-008-031, and it sits on a half-acre lot. Its strategic position offers significant advantages for businesses seeking high exposure. The site is adjacent to a newly developed golf attraction and new hotels, creating a vibrant and growing commercial environment. This presents a unique chance to establish a business in a dynamic area with strong potential for growth. The property is currently leased month-to-month on a short-term basis. Prospective tenants are strongly encouraged to conduct their own due diligence, including investigating allowable business uses with Montebello City Hall Planning & Zoning, before submitting any offers. Detailed supplemental information is available for review. This is an excellent opportunity for businesses seeking a high-visibility location in a thriving community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montebello
    County
    Los Angeles
    State
    California
    Longitude
    -118.1144
    Latitude
    34.0142

    Nearby Similar for Sale

    • New
      $1,268,000
      2,927 SF

      Remodeled Montebello Duplex with ADU

      Fully remodeled duplex with permitted ADU, ideal for rental income.
      805 S 10Th St, Montebello, CA 90640
      View Details
    • $1,199,900
      2,850 SF

      Montebello Mixed-Use Property For Sale

      Mixed-use property with commercial space and upgraded apartment.
      2517 W Beverly Blvd, Montebello, CA 90640
      View Details
    • New
      $250,000
      Pending

      Montebello Retail Business Opportunity

      Established business on Washington Boulevard with high check cashing volume.
      1129 Washington Blvd, Montebello, CA 90640
      View Details
    • $350,000
      440 SF

      Montebello Commercial Property For Sale

      Commercial property in Montebello, ideal for investors or owner-users.
      2320 W Whittier Blvd, Montebello, CA 90640
      View Details
    • $5,600,000
      Pending

      Spacious Montebello Multifamily Investment

      16-unit apartment complex in Montebello with strong income potential.
      862 W Mines Ave, Montebello, CA 90640
      View Details
    • $2,120,000
      5,986 SF

      Montebello Multifamily Investment Opportunity

      Well-maintained 6-unit multifamily property in North Montebello.
      616 Via Altamira, Montebello, CA 90640
      View Details
    • $850,000
      2,263 SF

      Montebello Triplex For Sale

      Income-producing triplex in Montebello with cash flow and equity potential.
      416 W Cleveland Ave, Montebello, CA 90640
      View Details
    • $550,000
      1,180 SF

      Montebello Commercial Property with Income Potential

      Commercial property with storefront, apartments, parking, and redevelopment potential.
      2322 W Whittier Blvd, Montebello, CA 90640
      View Details
    • $864,600
      3,044 SF

      Montebello Quadruplex on Large Lot

      Four-unit residential income property in Montebello, California, built in 1955.
      424 Bradley Ave, Montebello, CA 90640
      View Details
    • Contact for pricing
      2,500 SF

      Montebello Retail/Car Wash Investment Opportunity

      High-traffic location with strong revenue potential in a thriving commercial zone.
      8016 Slauson Ave, Montebello, CA 90640
      View Details
    • $80,000

      Turnkey Restaurant in Montebello

      Modern, fully equipped restaurant with patio, ready for new owner.
      2809 Via Vis, Montebello, CA 90640
      View Details
    • $7,950,000

      Walgreens NNN Lease Investment Opportunity

      Single-tenant Walgreens with long-term lease in Montebello, CA.
      1501 W Whittier Blvd, Montebello, CA 90640
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, NNN lease available.
    Where is this commercial real estate located?
    The property is located at 897 Ave Montebello, CA.
    (800) 463-0977
    Request Owner's contact information
    897 Ave Montebello, CA 90640
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    897 Ave
    Montebello, CA 90640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    897 Ave Montebello, CA 90640
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Christopher Rodriguez
    Real Estate License ID: 02025348
    (800) 463-0977 (323) 359-2395
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!