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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15616 Pioneer Blvd Norwalk, CA 90650-6532

    • Retail space
    • 1,258 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6410214
    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

    • Wild Scoops / Grocery & Convenience Store / Specialty Food Shop

    Property Details for 15616 Pioneer Blvd

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.19 lot acres
    Property size
    1,258 SF
    Zone code
    NOC1*
    Property type
    Retail space
    APN
    8080-016-038
    APU
    8080016038

    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
    -118.082
    Latitude
    33.8892
    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
    $4,962
    $307,851
    $36,214
    $344,065
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $675,000
      3,200 SF

      13208 San Antonio Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      13208 San Antonio Dr, Norwalk, CA 90650-2914
      View Details
    • Value Estimation
      $1,150,000
      4,782 SF

      12310 Studebaker Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,782 SF
      12310 Studebaker Rd, Norwalk, CA 90650-2291
      View Details
    • Value Estimation
      $1,520,000
      9,750 SF

      12507 Alondra Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,750 SF
      12507 Alondra Blvd, Norwalk, CA 90650-7351
      View Details
    • Value Estimation
      $1,235,000
      5,782 SF

      11559 Rosecrans Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,782 SF
      11559 Rosecrans Ave, Norwalk, CA 90650-3831
      View Details
    • Value Estimation by Request
      1,850 SF

      14317 Studebaker Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,850 SF
      14317 Studebaker Rd, Norwalk, CA 90650
      View Details
    • Value Estimation
      $540,000
      1,000 SF

      11964 Sycamore St

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      11964 Sycamore St, Norwalk, CA 90650-4133
      View Details

    Similar Nearby for Sale

    • $4,034,000
      5,800 SF

      Norwalk Retail Investment Opportunity

      Multi-tenant retail property with established tenants and upside potential.
      11610 Imperial Hwy, Norwalk, CA 90650
      View Details
    • $5,340,000
      10,516 SF

      Norwalk Retail Space For Sale

      Retail property with 10,516 square feet of space.
      14020-14030 Pioneer Blvd, Norwalk, CA 90650
      View Details
    • Contact for pricing
      6,966 SF

      Norwalk Retail Property For Sale

      Retail property in a densely populated neighborhood, near major freeways.
      14000 Pioneer Blvd, Norwalk, CA 90650
      View Details
    • Contact for pricing
      13,397 SF

      Retail Shopping Center For Sale

      Multi-tenant shopping center in a prime Los Angeles County location.
      11559-11617 Rosecrans Ave, Norwalk, CA 90650
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 976 to 1,191 SqFt.
      13019 Rosecrans Ave, Norwalk, CA 90650
      View Details
    • Contact for pricing

      Norwalk Retail Spaces Available

      Retail spaces available, ranging from 1,150 to 6,250 SqFt.
      11633 The Plz, Norwalk, CA 90650
      View Details
    • Contact for pricing

      Retail Buildings on Pioneer Boulevard

      Two retail buildings available for sale on Pioneer Boulevard.
      13936-14002 Pioneer Blvd, Norwalk, CA 90650
      View Details
    • Contact for pricing

      Retail/Office Space on Imperial Highway

      High-traffic location with excellent visibility near major commercial anchors.
      11702 Imperial Hwy, Norwalk, CA 90650
      View Details
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    15616 Pioneer Blvd
    Norwalk, CA 90650-6532
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    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
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