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    7151 Westminster Blvd Westminster, CA 92683

    Sponsored
    For Sale
    $1,999,000

    High-yield retail property, redevelopment potential.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4,000 square foot retail property, situated on a 0.3-acre lot (13,260 square feet), presents a compelling investment opportunity in Westminster, CA. Currently 100% occupied by short-term tenants, this property generates immediate income while offering significant long-term potential. The strategic corner location at Westminster Boulevard and Cedar Street, with convenient alley access, provides excellent visibility and accessibility. The property's zoning allows for exciting redevelopment possibilities. The city's proposed mixed-use zoning designation (buyer to verify with the city) opens doors for a variety of projects, potentially mirroring the successful Westminster Crossing development directly across the street. This presents a unique chance to either renovate the existing structure into a medical office building or undertake a larger-scale redevelopment project. The existing tenants provide a stable income stream while the entitlement process is underway. The property includes three Assessor's Parcel Numbers: 096-084-10, 096-084-11, and 096-084-12. This prime location and flexible zoning make this a truly remarkable investment opportunity with substantial upside potential. Don't miss this chance to acquire a high-yield property in a thriving area.

    Property Features for 7151 Westminster Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    4,000 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1954
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Orange
    State
    California
    Longitude
    -118.0041
    Latitude
    33.75948

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    FAQs

    What type of property is this?
    Retail property - High-yield retail property, redevelopment potential.
    Where is this retail property located?
    The property is located at 7151 Westminster Blvd Westminster, CA.
    What is the asking price?
    The asking price for this property is $1,999,000.
    (949) 783-2400
    Request Owner's contact information
    7151 Westminster Blvd Westminster, CA 92683
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    Westminster, CA 92683
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    Realmo Value Estimation

    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.

    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.

    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
    7151 Westminster Blvd Westminster, CA 92683
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