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    900-940 Alameda Ave Burbank, CA 91506

    Sponsored
    For Sale
    $16,800,000

    Prime Burbank retail space, 32,000 SF, ample parking.

    Property size:
    32,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Burbank retail storefront, located at 900-940 W Alameda Ave, presents a significant investment opportunity. The property boasts a substantial 32,000 square feet of retail space, ideally situated within a vibrant commercial area zoned Rancho Commercial - Master Planned Mixed Use/Residential. The expansive 2.92-acre lot provides ample room for expansion or future development. Parking is conveniently provided at a ratio of 5 spaces per 1,000 square feet, ensuring sufficient accommodation for customers and employees. The property's high ceilings, featuring a 16-foot clearance, offer versatile space for various retail uses. Its prime location makes it an excellent choice for media or service businesses. The property's size and zoning also present potential for development projects aligning with state initiatives such as AB 2011 or similar programs. The asking price for this exceptional property is $16,800,000. The APN is 2443-001-012. This is an owner/user investment opportunity in Los Angeles County, California, zip code 91506.

    Property Features for 900-940 Alameda Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    32,000 SF
    Lot Size
    127,195 SF

    HighLights

    • Potential for development aligning with state initiatives like AB 2011.
    • Ample parking: 5 spaces per 1,000 square feet.
    • Prime location for media or service businesses.
    • High ceilings with 16‑foot clearance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.3118453
    Latitude
    34.1630743

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    FAQs

    What type of property is this?
    Individual retail property - Prime Burbank retail space, 32,000 SF, ample parking.
    Where is this individual retail property located?
    The property is located at 900-940 Alameda Ave Burbank, CA.
    What is the asking price?
    The asking price for this property is $16,800,000.
    What are key features of this property?
    This property features: Potential for development aligning with state initiatives like AB 2011.; Ample parking: 5 spaces per 1,000 square feet.; Prime location for media or service businesses.
    Request Owner's contact information
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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
    900-940 Alameda Ave Burbank, CA 91506
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