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Property profile & analytics
FOR LEASE
Grocery and convenience stores
140 W Live Oak Ave Arcadia, CA 91007
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-9093267
For Lease
1 / 41
$6,000/Mo
140 W Live Oak Ave, Arcadia, CA 91007
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2007
Construction
TILT-UP CONCRETE
Total area
14,413 SF
Lot
1.54 ac (66,912 SF)
Zoning code
ARC2*
APN
8573-024-031
UPID
US09-9093267
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Grocery Outlet Grocery & Convenience Store Food Market
-
Ez Machinery Industrial Manufacturer Factory
-
Jeannie Wu Pharmacy
-
Tiffany Choi Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.91M
Comparable Approach
Comparable
$3.97M
Blend (final)
Blend
$4.27M
Owner & transaction history
Meeker Family LP · 9 yrs held
Meeker Family LP
since 2016
3 recorded transactions
Zoning & alternative use
ARC2* · Arcadia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.7M
+14.9%
Medical building
$6.6M
+12.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,315,000
6.5%
$4,905,000
7%
$4,555,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,800,000
Current use
AUTO REPAIR, GARAGE
$6,665,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$6,550,000
Change: +13% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,985,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$4.27M
Range $3.84M – $4.69M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$296 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$84,553
Tax year 2024
Assessed value
$6,560,537
Assessed 2024
Previous assessed
$6,560,537
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$3,984,882
Assessed improvement
$2,575,655
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Total area
14,413 SF
Lot
1.54 ac (66,912 SF)
Zoning code
ARC2*
APN
8573-024-031
UPID
US09-9093267
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ARC2* · Arcadia, CA
Zoning ARC2* · permitted uses
ARC2* · Arcadia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcadia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$6.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Lot
1.54 ac
Current owner
From public records · entity-resolved
Meeker Family LP
Entity
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2016
—
Meeker Family LP
Meeker Family LP
Quit Claim Deed
related
$1,250,000 · Citizens Busn Bk
May 22, 2014
—
Meeker Family LP
Meeker Family Partners LP
Quit Claim Deed
—
—
—
Meeker Family LP
—
Deed Of Trust
related
$1,250,000 · Citizens Busn Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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