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Property profile

18600 Gridley Rd Artesia, CA 90701

FOR SALE
Retail space
Property ID
US09-8581711
17,216 SF 1.36 ac lot Built 1975
Last sale Feb 2016 · $5,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, 3,207 square foot Raising Cane's restaurant in Artesia, California. Located directly across from the 1.4 million square foot Los Cerritos Mall, this property benefits from a high-traffic, affluent area with average household incomes exceeding $117,000 within a 3-mile radius. The property features a 15-year NNN lease (commencing May 16, 2023, and expiring May 16, 2038), offering a remaining lease term of 13.5 years and a 4.25% cap…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$82k
Tax billed · 2024
Assessed value$6.73M
Assessed land$5.22M
Assessed improvement$1.51M
Effective rate1.22%

Value estimate

· Oct 2026
$5.00M
$4.50M – $5.49M
CAP approach$5.86M
Submarket $/SF estimate$4.36M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$457/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$275 – $549
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ATCG*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.9
Convenience Store12.0
Laundry Service11.7

Location

18600 Gridley Rd Artesia, CA 90701
County assessor Recorded deeds · 4 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17127 Pioneer, Artesia, CA 90701-2757 $2,995,029 Oct 2022 12,236 SF
11701 Ss, Artesia, CA 90701-6615 $4,900,049 Jun 2022 16,450 SF
19027 Pioneer, Artesia, CA 90701-6601 $8,300,083 Oct 2021 9,611 SF
11732 Ss, Artesia, CA 90701-6616 $4,009,540 Sep 2021 17,969 SF
11840 Artesia, Artesia, CA 90701-4003 $4,200,042 Feb 2021 8,460 SF
12146 Ss, Artesia, CA 90701-6844 $1,800,000 Mar 2020 9,976 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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