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    11330-11334 Firestone Blvd Norwalk, CA 90650
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    11330-11334 Firestone Blvd, Norwalk, CA 90650

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    • Neighborhood centers
    • 4,400 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 11330-11334 Firestone Blvd

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional Class A retail property, located at 11330-11334 Firestone Blvd in Norwalk, California (zip code 90650), offers 4,400 square feet of vacant space in a highly visible strip center. The property is situated at a key intersection, boasting exceptional visibility on Firestone Boulevard, at the corner of Imperial Highway and Orr & Day Road, within the Norwalk Village Center. The space is currently configured as two units, but is divisible. One unit offers 2,400 square feet (end cap), and the other offers 2,000 square feet (inline). The minimum divisible space is 2,000 square feet, with a maximum contiguous space of 2,400 square feet. Each unit features a double-door entry and an efficient, open floor plan, ideal for a variety of retail or general office uses. The property is located in Los Angeles County and benefits from its strategic location within a well-established commercial area. This is a rare opportunity to secure a high-quality retail space in a prime location with excellent visibility and accessibility. The property's Class A designation reflects its superior construction and amenities. This turnkey space is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Los Angeles
    State
    California
    Longitude
    -118.092
    Latitude
    33.9178

    Comparable in this City

    • Value Estimation by Request
      6,788 SF

      11264-11336 Firestone Blvd

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      11264-11336 Firestone Blvd, Norwalk, CA 90650
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      45,477 SF

      10915-10995 Rosecrans Ave

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      232,987 SF

      11633 The Plz

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      11021-11035 Rosecrans Ave

      Neighborhood centers
      11021-11035 Rosecrans Ave, Norwalk, CA 90650
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    • Value Estimation
      $5,285,000
      50,513 SF

      10935 Firestone Blvd

      SHOPPING CENTER, STRIP CENTER
      10935 Firestone Blvd, Norwalk, CA 90650-2242
      View Details
    • Value Estimation
      $8,370,000
      44,595 SF

      11300 Firestone Blvd

      SHOPPING CENTER, STRIP CENTER
      11300 Firestone Blvd, Norwalk, CA 90650-2202
      View Details

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    • $1,699,000

      Income-Producing Restaurant Investment Opportunity

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      Income-Producing Restaurant Property For Sale

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      13,397 SF

      Retail Shopping Center For Sale

      Multi-tenant shopping center in a prime Los Angeles County location.
      11559-11617 Rosecrans Ave, Norwalk, CA 90650
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    Similar Nearby for Lease

    • $25 SF/Yr
      10,040 SF

      Firestone Blvd Office Building

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      11642 Firestone Blvd, Norwalk, CA 90650
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      Prime Retail Space in Norwalk

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      Norwalk Retail Space For Lease

      Neighborhood shopping center with high traffic and excellent visibility.
      12241 Imperial Hwy, Norwalk, CA 90650
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      Retail Space in High-Traffic Area

      Retail space near freeways with strong demographics and established trade.
      11758 Firestone Blvd, Norwalk, CA 90650
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      6,000 SF

      Norwalk Retail Space Available

      6,000 sqft retail space for rent in Norwalk, CA.
      12533-12555 NW Imperial Hwy, Norwalk, CA 90650
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    • Contact for pricing

      Norwalk Retail Spaces Available

      Retail spaces available, ranging from 1,150 to 6,250 SqFt.
      11633 The Plz, Norwalk, CA 90650
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    Norwalk, CA 90650
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    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
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