11050 Prairie AveInglewood, CA 90303

  • Retail properties
  • 7,590 SF
For Lease
$45.60/SF/YR View listing

Property Details for 11050 Prairie Ave

Year built
2009
Construction
WOOD
Lot size
0.46 AC
Property size (Sq ft)
7,590 SF
Zone code
INC2YY
Property type
Retail properties
Property subtype
Community centers
APN
4033-009-025
APU
4033009025

Description

This exceptional 1,125 square foot commercial space, located at 11050 S Prairie Ave in Inglewood, California (zip code 90303), presents a fantastic opportunity for businesses seeking high visibility and convenient access. Situated in a thriving strip center, this property benefits from its strategic location just off the 105 freeway, ensuring high traffic flow and excellent exposure. The space is ideal for a variety of uses, including retail, restaurant, or traditional office settings. The layout features a spacious open area perfect for customer interaction or workspace, complemented by a private office for more confidential work and a restroom. The property boasts modern amenities and ample parking for both employees and customers. This vibrant location already houses successful businesses such as Subway, Metro PCS, and Farmers Insurance, creating a strong and established commercial environment. The property is categorized as a traditional office space within a multiple tenancy building in Los Angeles County. Don't miss this chance to establish your business in the heart of Inglewood's dynamic commercial landscape.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,577,668
    6.5%
    $2,379,386
    7%
    $2,209,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,637,152
    Geo Method
    $3,637,152
  • Alternative Use

    Use
    Valuation
    Residential
    $2,007,101
    Hospitality
    $1,838,494
    Educational
    $1,529,605
    Medical
    $1,582,211
    Retail
    $2,379,386
11050 Prairie Ave, Inglewood, California
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Location Insight

City
Inglewood
County
Los Angeles
State
California
Latitude
33.9352
Longitude
-118.344
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$28,147
$473,921
$1,466,827
$1,940,748
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FAQs

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