11025 Atlantic Ave Lynwood, CA 90262-3048
- Commercial kitchens
- 598 SF
- 0.19 lot acres
Current Use by Public Records
- Mariscos La Playita / Mexican Restaurant / Fast Food Restaurant
Property Details for 11025 Atlantic Ave
- Year built
- 1948
- Construction
- WOOD
- Lot size
- 0.19 lot acres
- Property size
- 598 SF
- Zone code
- LYC3*
- Property type
- Commercial kitchens
- APN
- 6193-006-001
- APU
- 6193006001
Description
This exceptional commercial property, located at 11025 Atlantic Avenue in Lynwood, California, presents a unique opportunity for a food-service business. The 598 square foot building sits on a 0.19-acre lot, offering ample parking for customers. Its prime location at the signalized corner of Atlantic Avenue and Los Flores Boulevard ensures high traffic exposure and excellent visibility, maximizing potential customer reach. The property is situated within a densely populated residential area with limited existing food-service competition, creating a significant advantage for a new establishment. This translates to a strong potential customer base with minimal direct competition. The sizeable lot provides ample space for outdoor seating or additional development, further enhancing the property's appeal. The property's location at a busy intersection guarantees high visibility and easy accessibility, making it an ideal location for a restaurant or similar business seeking to establish a strong presence in a thriving community. This is a rare opportunity to secure a well-positioned commercial property in a high-demand area. The asking price is $1,270,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $875,000
- 6.5%
- $895,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $780,000
- Geo Method
- $995,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $790,000
- Retail
- $875,000
- Mixed-Use
- $795,000
- Hospitality
- $880,000
- Educational
- $1,015,000
- Residential Income
- $875,000
- Energy
- $805,000
- Income-Based Land
- $815,000
- Food Service
- $890,000
Location Insight
- Map
- Local Demand
- City
- Lynwood
- County
- Los Angeles
- State
- California
- Longitude
- -118.184
- Latitude
- 33.9296
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA