Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    2085 Pacific Ave Long Beach, CA 90806-4609

    • Retail space
    • 1,750 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    8.6%
    Retail space
    Location Intelligence
    Property ID
    US10-0440189
    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

    • Flower Shop & Gifts / Florist
    • Pacific Cabinet & Countertops / General Contractor
    • Mobile Mechanic / Auto Repair Shop

    Property Details for 2085 Pacific Ave

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    1,750 SF
    Zone code
    LBCNP
    Property type
    Retail space
    APN
    7209-024-017
    APU
    7209024017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $420,000
      6.5%
      $390,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $302,000
      Market price range: $303k - $515k

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.194
    Latitude
    33.795
    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
    $4,660
    $50,678
    $50,678
    $101,356
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $375,000
      6,900 SF

      2214 Atlantic Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,900 SF
      2214 Atlantic Ave, Long Beach, CA 90806-4428
      View Details
    • Value Estimation
      $280,000
      1,274 SF

      2007 Orange Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,274 SF
      2007 Orange Ave, Long Beach, CA 90806-5710
      View Details
    • Value Estimation by Request
      3,358 SF

      261 Willow St

      RETAIL STORES (PERSONAL SERVICES) • 3,358 SF
      261 Willow St, Long Beach, CA 90806-2637
      View Details
    • Value Estimation
      $290,000
      1,307 SF

      1771 Pacific Coast Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,307 SF
      1771 Pacific Coast Hwy, Long Beach, CA 90806-5829
      View Details
    • Value Estimation
      $515,000
      9,191 SF

      2789 Long Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,191 SF
      2789 Long Bch Blvd, Long Beach, CA 90806-1519
      View Details
    • Value Estimation
      $340,000
      2,000 SF

      2220 Atlantic Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      2220 Atlantic Ave, Long Beach, CA 90806
      View Details

    Similar Nearby for Sale

    • $1,049,000

      Wrigley Village Commercial Building

      4,920 SF commercial building in the Wrigley Village retail corridor.
      2225 Pacific Ave, Long Beach, CA 90806
      View Details
    • $1,900,000
      7,830 SF

      Long Beach Storefront Retail Property

      Two-story, 7,830 SF building in Long Beach's Wrigley Village.
      2300 S Pacific Ave, Long Beach, CA 90806
      View Details
    • $7,300,000

      Long Beach Retail Investment Opportunity

      Single tenant building occupied by Social Security Administration.
      2005 Long Beach Blvd, Long Beach, CA 90806
      View Details
    • $1,399,999
      2,951 SF

      Long Beach Mixed-Use Investment

      Mixed-use property in Long Beach with income potential.
      2369 Pacific Ave, Long Beach, CA 90806
      View Details
    • $5,000,000
      7,226 SF

      Long Beach Car Wash Opportunity

      Entitled car wash with development potential near Metro Blue Line.
      1801 Long Beach Blvd, Long Beach, CA 90806
      View Details
    • $600,000
      2,072 SF

      Renovated Bar and Real Estate

      Established bar with renovated property and potential residential unit.
      2332 Pacific Ave, Long Beach, CA 90806
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,003 SF

      Long Beach Blvd Retail Space

      Prime Junior Anchor Space For Lease in Long Beach, CA
      1840 Long Beach Blvd, Long Beach, CA 90806
      View Details
    • $3,000 /Mo

      Long Beach Parking Lot Rental

      Paved parking lot near Long Beach Airport available for lease.
      3070 E Airport Way, Long Beach, CA 90806
      View Details
    • Contact for pricing

      Retail Property on Long Beach

      Retail property located on Long Beach Boulevard, fully leased.
      2501-2511 Long Beach Blvd, Long Beach, CA 90806
      View Details
    • Contact for pricing

      Fully Leased Retail Center

      Retail center in Long Beach, CA, currently 100% leased.
      480-490 W Willow St, Long Beach, CA 90806
      View Details
    • $1.20 SF/Yr
      10,000 SF

      Long Beach Warehouse with Office

      Warehouse with office space and convenient freeway access.
      3060 Airport Way, Long Beach, CA 90806
      View Details
    • $2 SF/Yr
      4,140 SF

      First Floor Office Space Available

      Office space for rent in Long Beach, California.
      1836-1852 Locust Ave, Long Beach, CA 90806
      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.
    2085 Pacific Ave
    Long Beach, CA 90806-4609
    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.