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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16214-16262 Whittier Blvd Whittier, CA 90603

    • Neighborhood centers
    • 15,970 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 16214-16262 Whittier Blvd

    Property size
    15,970 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties

    Description

    This exceptional retail strip center, located at 16214-16262 E Whittier Blvd in Whittier, CA 90603, offers 15,970 square feet of vacant space, ideal for multiple tenants. The property is a single-story building situated at the intersection of Whittier Boulevard and First Street. Individual suites range from a minimum of 250 square feet to a maximum contiguous space of 3,150 square feet, providing flexibility for various business needs. Several units offer the possibility of combination

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Los Angeles
    State
    California
    Longitude
    -117.985
    Latitude
    33.9405

    Comparable in this City

    • Value Estimation by Request
      8,500 SF

      16539 Leffingwell Rd

      Lifestyle centers • 8,500 SF
      16539 Leffingwell Rd, Whittier, CA 90603
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    • Value Estimation by Request
      5,648 SF

      16401 Whittier Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,648 SF
      16401 Whittier Blvd, Whittier, CA 90603
      View Details
    • Value Estimation by Request
      783,214 SF

      Whittier Blvd. & Santa Gertrudes Ave

      Restaurants • 783,214 SF
      0 Whittier Blvd. & Santa Gertrudes Ave, Whittier, CA 90603
      View Details
    • Value Estimation
      $1,565,000
      6,787 SF

      15600 Whittier Blvd

      REGIONAL SHOPPING CENTER, MALL • 6,787 SF
      15600 Whittier Blvd, Whittier, CA 90603-1371
      View Details
    • Value Estimation
      $1,785,000
      6,841 SF

      15500 Whittier Blvd

      REGIONAL SHOPPING CENTER, MALL • 6,841 SF
      15500 Whittier Blvd, Whittier, CA 90603-1357
      View Details
    • Value Estimation
      $1,595,000
      8,759 SF

      15742 Whittier Blvd

      REGIONAL SHOPPING CENTER, MALL • 8,759 SF
      15742 Whittier Blvd, Whittier, CA 90603-2311
      View Details

    Similar Nearby for Sale

    • $3,700,000
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      Whittier Blvd Retail Investment

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      15250 Whittier Blvd, Whittier, CA 90603
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    • $3,500,000
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      Retail Space For Sale

      Retail space available for purchase in Whittier, California.
      15250 Whittier Blvd, Whittier, CA 90603
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    • Contact for pricing

      Retail Space on Whittier Boulevard

      10,800 SF retail space on a major retail corridor.
      16041 Whittier Blvd, Whittier, CA 90603
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      500 SF

      Whittier Blvd Office Space For Lease

      Prime Office, High Visibility, 500 sqft
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    • $2,687,000

      Two-Story Professional Building For Sale

      Well-maintained, fully occupied professional building near Whittwood Towne Center.
      16336 Whittier Ave, Whittier, CA 90603
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    Similar Nearby for Lease

    • $2,220 /Mo

      Retail Center with Available Spaces

      Retail center with spaces available for lease.
      16501 Leffingwell Rd, Whittier, CA 90603
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    • Contact for pricing

      Signalized Location Retail/Office Spaces

      Retail and office spaces available for lease.
      16262 Whittier Blvd, Whittier, CA 90603
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      783,214 SF

      Whittwood Town Center Retail Spaces

      Prime Whittier retail space available. Multiple units, flexible sizes.
      15466 Whittier Blvd, Whittier, CA 90603
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    • $25 SF/Yr

      Whittier Fitness Center Space

      2,106 sq ft Retail Space in Whittier
      10125 Whittwood Dr, Whittier, CA 90603
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    • $2.00 SF/Yr
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      Retail Space with Office Buildout

      Retail space featuring an existing 1,360 SF office buildout.
      15334 Whittier Blvd, Whittier, CA 90603
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    • $1.25 SF/Yr
      956 SF

      Retail Space Ready for Buildout

      Open shell retail unit available for lease.
      16177-16215 Whittier Blvd, Whittier, CA 90603
      View Details
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    Whittier, CA 90603
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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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