2135 Atlantic Blvd Commerce, CA 90040-1343
- Retail space
- 900 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 2135 Atlantic Blvd
- Year built
- 1967
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 900 SF
- Zone code
- CMC2*
- Property type
- Retail space
- APN
- 5244-014-030
- APU
- 5244014030
Description
This exceptional 13,525 square foot commercial land parcel, located at 2135 S Atlantic Blvd in Commerce, CA (zip code 90040), presents a remarkable development opportunity. Situated in Los Angeles County, this property boasts a highly desirable location with direct frontage on a main street and convenient alley access. Its CMC2 zoning allows for a variety of commercial uses. The property's strategic position offers easy access to the 5 Freeway, providing excellent connectivity to the Citadel Outlets, nearby casinos, and the South Bay and Gateway Cities via the nearby 5 and 710 Freeway interchange. This high-traffic area ensures significant visibility and accessibility for any commercial venture. A key advantage is the potential for expansion. An adjacent lot, approximately 7,900 square feet, is owned by the City of Commerce and is available for purchase, significantly increasing the overall development potential. The asking price for this exceptional property is $1,500,000. APN numbers are 5244-014-030 and 5244-014-001. This is a rare chance to acquire a substantial commercial lot in a thriving location with significant growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $375,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $410,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $345,000
- Mixed-Use
- $335,000
- Hospitality
- $435,000
- Educational
- $425,000
- Residential Income
- $340,000
- Energy
- $420,000
- Income-Based Land
- $330,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Los Angeles
- State
- California
- Longitude
- -118.162
- Latitude
- 34.0076
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA