503 Route 66 Glendora, CA 91740
- Investment properties
- 13,528 SF
- 0.64 lot acres
Current Use by Public Records
- Canyon Air Systems / Heating Contractor / Air Conditioning Repair Service
- H & N Auto Sale / Used Car Dealer
Property Details for 503 Route 66
- Year built
- 1986
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.64 lot acres
- Property size
- 13,528 SF
- Zone code
- GDC_RT66SP
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 8646-028-009
- APU
- 8646028009
Description
This exceptional commercial property, situated on the iconic Route 66 in Glendora, California, presents a unique investment opportunity. Boasting over 13,528 square feet of versatile office space, the property is ideally suited for a variety of business uses. Its location on a highly trafficked section of Route 66 ensures maximum visibility and accessibility for clients and employees. The ample parking available further enhances the property's appeal. The building's design incorporates multiple individual office areas, offering flexibility for either a single large tenant or multiple smaller tenants. This allows for diverse occupancy configurations to suit various business needs and scales. The 0.64-acre lot provides substantial space, and the property's overall condition is excellent, ready for immediate occupancy. This prime commercial real estate in Glendora's thriving business district represents a rare chance to acquire a well-positioned and highly functional office complex. The property's strategic location and versatile layout make it an attractive investment for businesses seeking a prominent presence in a bustling and accessible area. The asking price is $2,800,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,950,000
- 6.5%
- $2,870,000
- 7%
- $2,735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,140,000
- Geo Method
- $2,395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,440,000
- Retail
- $2,625,000
- Mixed-Use
- $2,500,000
- Hospitality
- $2,280,000
- Educational
- $3,065,000
- Residential Income
- $2,390,000
- Energy
- $2,990,000
- Income-Based Land
- $2,245,000
- Food Service
- $2,865,000
Location Insight
- Map
- Local Demand
- City
- Glendora
- County
- Los Angeles
- State
- California
- Longitude
- -117.858
- Latitude
- 34.1293
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
