Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12241 Imperial Hwy Norwalk, CA 90650-8302

    • Community centers
    • 50,633 SF
    • 4.51 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6410185
    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

    • EVgo Charging Station / Electric Vehicle Charging Station
    • Wood Grill Buffet / American Restaurant / Restaurant

    Property Details for 12241 Imperial Hwy

    Year built
    1986
    Lot size
    4.51 lot acres
    Property size
    50,633 SF
    Zone code
    NOR15000(P
    Property type
    Community centers
    APN
    8025-023-903
    APU
    8025023903

    Description

    This exceptional retail opportunity at Civic Center Plaza in Norwalk, California, offers ±1,000 SF to ±5,000 SF of leasable space within a 60,000 square foot building. The property is ideally suited for multiple tenants, with configurations available to accommodate both inline and endcap restaurant spaces. Located at 12241 Imperial Hwy, Norwalk, CA 90650 (33.9174364, -118.0713439), this prime location provides excellent visibility and accessibility for businesses seeking a strong presence in a thriving community. The flexible space allows for customization to meet individual tenant needs, making it an attractive option for a variety of retail concepts. The building's substantial size ensures ample parking and convenient access for customers. This is a rare chance to secure a well-positioned retail space in a bustling area of Norwalk. Interested parties are encouraged to inquire about available space and lease terms. The property is classified as Retail, with subtypes including Restaurant, Inline, and Endcap. The total building size is 60,000 square feet.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Los Angeles
    State
    California
    Longitude
    -118.07
    Latitude
    33.9177
    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
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $455,000
      11,925 SF

      10636 Imperial Hwy

      MINI-MALL • 11,925 SF
      10636 Imperial Hwy, Norwalk, CA 90650-2135
      View Details
    • Value Estimation
      $1,150,000
      44,252 SF

      11740 Alondra Blvd

      MINI-MALL • 44,252 SF
      11740 Alondra Blvd, Norwalk, CA 90650-7009
      View Details
    • Value Estimation
      $505,000
      18,800 SF

      12840 Pioneer Blvd

      MINI-MALL • 18,800 SF
      12840 Pioneer Blvd, Norwalk, CA 90650-2876
      View Details
    • Value Estimation
      $285,000
      3,240 SF

      16204 Pioneer Blvd

      MINI-MALL • 3,240 SF
      16204 Pioneer Blvd, Norwalk, CA 90650-7038
      View Details
    • Value Estimation
      $290,000
      4,560 SF

      16214 Pioneer Blvd

      MINI-MALL • 4,560 SF
      16214 Pioneer Blvd, Norwalk, CA 90650-7038
      View Details
    • Value Estimation
      $565,000
      16,377 SF

      14421 Pioneer Blvd

      MINI-MALL • 16,377 SF
      14421 Pioneer Blvd, Norwalk, CA 90650-4872
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,499 SF

      Norwalk Retail Space - 2,499 SF

      High-demand retail space, ready for your business.
      11473 Ave, Norwalk, CA 90650
      View Details
    • $499,000

      Versatile Property in High-Traffic Location

      Commercial potential in a prime, high-traffic location.
      14354 Carmenita Rd, Norwalk, CA 90650
      View Details
    • New
      $4,000,000
      900 SF

      Norwalk Gas Station Business Opportunity

      Gas station with real estate and business included in sale.
      15604 Pioneer Blvd, Norwalk, CA 90650
      View Details
    • New
      $1,899,000
      5,500 SF

      Restaurant Property with Income Potential

      Well-established restaurant with additional income-producing buildings on a large lot.
      13226 Rosecrans Ave, Norwalk, CA 90650
      View Details
    • $1,795,000
      6,966 SF

      Prime Norwalk Storefront Opportunity

      High-traffic retail space, excellent location.
      14000 Pioneer Blvd, Norwalk, CA 90650
      View Details
    • $990,000

      Norwalk Commercial Building For Sale

      4,047 SF building on high-traffic corridor in Norwalk.
      12167 Firestone Blvd, Norwalk, CA 90650
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      232,987 SF

      Norwalk Retail Center Investment Opportunity

      Prime Norwalk Shopping Center Space Available
      11633 The Plz, Norwalk, CA 90650
      View Details
    • $1,000 /Mo

      Norwalk Retail/Office Space Available

      Prime retail/office space in Norwalk with utilities included.
      14622 Carmenita Rd, Norwalk, CA 90650
      View Details
    • $0.54 SF/Yr
      28,730 SF

      Secured Yard with Warehouse

      Large fenced yard with warehouse and excellent freeway access.
      14000 Gracebee Ave, Norwalk, CA 90650
      View Details
    • $5,150 /Mo

      Norwalk Commercial Property For Rent

      Commercial property in C3 zone with immense potential.
      12132 Front St, Norwalk, CA 90650
      View Details
    • $2,200 /Mo

      Retail/Office Space for Lease

      Commercial shop or office space with convenient transportation and parking.
      11912 Rosecrans Ave, Norwalk, CA 90650
      View Details
    • $25 SF/Yr
      10,040 SF

      Firestone Blvd Office Building

      10,040 SF Office/Medical Space Available
      11642 Firestone Blvd, Norwalk, CA 90650
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12241 Imperial Hwy
    Norwalk, CA 90650-8302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.