Commercial Lot Near Future
For Sale
$4,279,000
424 S Lemon Avenue, Walnut, CA 91789
Commercial lot with existing structures near future business park.
Property Size2,100 SF
Lot Size0.96 Acres
Price / SF$2,037
Days on Market1026
Property Features for 424 S Lemon Avenue
General Information
Standard status
Active
Size
2,100 SF
Lot size
0.96 Acres
Property subtype
Commercial/Industrial
Listing Agency:
West Shores Realty, Inc.
(310) 939-7171
Listed By:
Steve Legare · License #00452827
(310) 939-7171
Source:
Exitrealty
Added: Oct 19, 2023
Changed: Aug 8
Last Checked: Aug 8 at 6:14AM
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 West Shores Realty, Inc.
Investment Insights
Based on property information with market context.
The property features a 41,698 sq.ft. (0.96 acre) rectangular-shaped lot. It is improved with two buildings totaling 2,100 rental square feet. One structure is a 960 sq.ft. one-story, wood-framed office/retail building in average condition. The other is a 1,144 sq.ft. one-story, wood-framed storage structure in below-average condition. The lot is partially asphalt and partially concrete paved, both in average condition. Currently, the property is leased on a month-to-month basis and operated as a U-Haul franchise and vehicle storage yard. The property is located on the east side of Lemon Avenue, 250 feet south of Valley Boulevard in the City of Industry, CA, and has a City of Walnut postal address. It is situated about 1-2 blocks from the future Walnut Business Park project, which will comprise more than 00,000 sq ft of office park. The land only is for sale, not the business. Please do not disturb the long-time existing tenant.
Key Highlights
- Large 0.96‑acre rectangular lot suitable for redevelopment.
- Located near the future Walnut Business Park Project.
- Zoned for office/retail use.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,017
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91789, CA
41,235
Population
13,486
Households
3.1
Avg Household Size
46
Median Age
53%
College-Educated
93%
High-School Grad
15.9 sq mi
ZIP Area
2,593
Density / Sq Mi
$125,742
Median Household Income
$54,865
Median Earnings
$2,868
Median Rent
$936,800
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Commercial lot with existing structures near future business park.
Where is this parking lot & garage located?
The property is located at 424 S Lemon Avenue Walnut, CA.
What is the asking price?
The asking price for this property is $4,279,000.
What are key features of this property?
This property features: Large 0.96‑acre rectangular lot suitable for redevelopment.; Located near the future Walnut Business Park Project.; Zoned for office/retail use.
