241 Market St Inglewood, CA 90301
- Retail space
- 3,750 SF
- 0.09 lot acres
Current Use by Public Records
- Beakon Radio / Radio Broadcaster
- Big Wave Realty / Real Estate Agency
- Clean Credit Agency / Credit Counseling Service / Financial Consultant
- Generation X Group / Association Or Organization
- bruce stuart / Consultant
Property Details for 241 Market St
- Year built
- 1936
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.09 lot acres
- Property size
- 3,750 SF
- Zone code
- INC1*
- Property type
- Retail space
- APN
- 4021-014-007
- APU
- 4021014007
Description
This exceptional 4,800-square-foot medical office space is available for lease in Los Angeles County, located at 241 S Market St. The property is classified as retail and office, specifically designated as a medical office building, and offers a single-tenant occupancy opportunity. The entire 4,800 square feet is currently vacant and ready for immediate occupancy, presenting a unique chance for a medical practice or related business to establish a prominent presence. The lease term is flexible, ranging from two to five years, providing adaptability for long-term growth and planning. This property is situated in Los Angeles County, offering excellent access to a diverse patient base and a thriving commercial environment. The space is ideal for a variety of medical uses, providing ample room for examination rooms, waiting areas, administrative offices, and support spaces. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is currently listed as a single-tenant space, offering privacy and control over the entire building. This turnkey solution allows for immediate commencement of operations, minimizing setup time and maximizing operational efficiency. The building's size and layout are well-suited for a variety of medical specialties.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $800,000
- 6.5%
- $805,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $900,000
- Geo Method
- $990,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $855,000
- Retail
- $865,000
- Mixed-Use
- $915,000
- Hospitality
- $930,000
- Educational
- $810,000
- Residential Income
- $760,000
- Energy
- $785,000
- Income-Based Land
- $855,000
- Food Service
- $850,000
Location Insight
- Map
- Local Demand
- City
- Inglewood
- County
- Los Angeles
- State
- California
- Longitude
- -118.352
- Latitude
- 33.9609
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
