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    OFF-MARKET
    Land

    12221 Garfield Ave, South Gate, CA 90280

    0.19 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.19-acre commercial land parcel, located at 12221 Garfield Avenue in South Gate, California (APN 6243-010-031), presents a unique investment opportunity. Zoned HMU1, this property boasts over 8,000 square feet of land with a land value of $59 per square foot. Its strategic location along South Gate's major commercial arteries ensures high visibility and accessibility. The site benefits from exceptional daily traffic counts exceeding 19,000 vehicles, driven by its proximity to the 105 and 710 freeways. Surrounded by established residential neighborhoods, this location offers a strong potential customer base. The asking price is $350,000. This property is ideal for a variety of commercial uses, given its size, location, and zoning. Serious inquiries are encouraged to explore the development potential of this highly desirable South Gate commercial land parcel. The property is situated in Los Angeles County, California, zip code 90280.

    Property profile
    Verified
    Property type Land
    Lot 0.19 ac (8,276 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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