Fullerton Commercial Property For
1524 W Commonwealth Ave Fullerton, CA 92833
1524 W Commonwealth Ave, Fullerton, CA, 92833
Contact for pricing
For Sale
Contact for pricing
Single-level commercial property with gated parking, ideal for owner-user.
Property Size2,808 SF
Price / SF$423.79
Days on Market525
Property Features for 1524 W Commonwealth Ave
General Information
- Standard status
- Active
- Size
- 2,808 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1948
Listing agency
SVN Vanguard
(714) 446-0600
Listed by
Cameron Irons · License #CA 01176224
Source
Crexi
Added: Feb 11, 2025 Updated: Jul 6 at 8:03AM Checked: Jul 21 at 10:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Vanguard
Investment Insights
Based on property information with market context.
The property at 1524 W Commonwealth Ave in Fullerton is a single-level commercial building. It features a gated parking lot located in the back. The property is currently vacant, making it suitable for an owner-user. The zoning is G-C, which can accommodate a variety of business needs. Situated on a busy street, the property offers great signage and visibility.
Key Highlights
- Vacant, perfect for an owner user
- Great signage and visibility due to busy street location
- G‑C Zoning accommodates a variety of business needs
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.4k | $24.00 |
| − Vacancy | −$2.8k | −$1.01 |
| EGI | $64.6k | $22.99 |
| − OpEx | −$19.4k | −$6.90 |
| NOI | $45.2k | $16.09 |
2,808 SF · lease $24.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$645.5K
$564.9K – $753.1K
NOI $45,188 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$902.9K
$790.1K – $1.05M
NOI $63,206 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fullerton Dispensary
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- King's Flowers — 1530 W Commonwealth Ave, Fullerton, CA 92833
FAQs
What type of property is this?
Storefront property - Single-level commercial property with gated parking, ideal for owner-user.
Where is this storefront property located?
The property is located at 1524 W Commonwealth Ave Fullerton, CA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Vacant, perfect for an owner user; Great signage and visibility due to busy street location; G‑C Zoning accommodates a variety of business needs
