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    1524 Commonwealth Ave Fullerton, CA 92833

    • Retail space
    • 2,808 SF
    • 0.15 lot acres
    For Sale
    View listing
    $1,190,000
    Value Estimation
    Last Sale
    Sep 08, 2022
    $1,100,000
    Location Intelligence
    Property ID
    US09-0967596
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fullerton Dispensary / Cannabis Store / Alternative Medicine Practitioner

    Property Details for 1524 Commonwealth Ave

    Year built
    1948
    Lot size
    0.15 lot acres
    Property size
    2,808 SF
    Property type
    Retail space
    APN
    031-131-07
    APU
    3113107

    Description

    This exceptional 2,808 square foot storefront, located at 1524 W Commonwealth Ave in Fullerton, California, presents a unique investment opportunity. Built in 1948, this single-story building sits on a prominent location in Orange County, boasting high visibility and excellent signage potential. The property includes a private gated parking lot, a significant advantage in a busy commercial area. Currently vacant, this space is ideal for an owner-user seeking a high-traffic location to establish or expand their business. The G-C zoning allows for a diverse range of commercial uses, providing flexibility for potential tenants. The asking price is $1,190,000. This prime Fullerton location offers unparalleled exposure and convenience, making it an attractive proposition for discerning investors and business owners alike. The property's single-unit structure simplifies management, while the secure parking lot adds significant value. Don't miss this chance to acquire a well-positioned retail space in a thriving California market. The 92833 zip code ensures easy access to major transportation routes and a strong customer base.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,045,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,025,000
      6.5%
      $1,070,000
      7%
      $1,110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,125,000
      Geo Method
      $990,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,060,000
      Retail
      $935,000
      Mixed-Use
      $1,155,000
      Hospitality
      $1,015,000
      Educational
      $1,015,000
      Residential Income
      $1,020,000
      Energy
      $905,000
      Income-Based Land
      $885,000
      Food Service
      $1,125,000

    Location Insight

    • Map
    • Local Demand
    City
    Fullerton
    County
    Orange
    State
    California
    Longitude
    -117.949
    Latitude
    33.8699
    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
    $12,414
    $1,030,200
    $91,800
    $1,122,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,632 SF

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      View Details
    • Value Estimation by Request
      2,400 SF

      2216 Commonwealth Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2216 Commonwealth Ave, Fullerton, CA 92833
      View Details
    • Value Estimation by Request
      6,834 SF

      2634 Orangethorpe Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,834 SF
      2634 Orangethorpe Ave, Fullerton, CA 92833-4246
      View Details
    • Value Estimation
      $395,000
      5,569 SF

      2300 Commonwealth Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,569 SF
      2300 Commonwealth Ave, Fullerton, CA 92833-2916
      View Details
    • Value Estimation by Request
      1,938 SF

      1801 Commonwealth Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,938 SF
      1801 Commonwealth Ave, Fullerton, CA 92833-3013
      View Details
    • Value Estimation
      $305,000
      867 SF

      1605 Commonwealth Ave

      RETAIL STORES (PERSONAL SERVICES) • 867 SF
      1605 Commonwealth Ave, Fullerton, CA 92833-2652
      View Details

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    1524 Commonwealth Ave
    Fullerton, CA 92833
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    Realmo Value Estimation

    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.

    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.

    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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