242 Commonwealth Ave Fullerton, CA 92832-1911
Property profile & analytics
242 Commonwealth Ave Fullerton, CA 92832-1911
- Gas stations
- 260 SF
- 0.31 lot acres
Property ID
US09-2550089
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.
Location Intelligence
Current Use by Public Records
- Star Certified Smog Check Station / Sustainability Organization
- Rollings Automotive / Auto Repair Shop
Property Details for 242 Commonwealth Ave
- Year built
- 1973
- Lot size
- 0.31 lot acres
- Property size
- 260 SF
- Property type
- Gas stations
- APN
- 033-032-26
- APU
- 3303226
Description
This exceptional 13,504 square foot commercial land parcel, located at 242 E Commonwealth Avenue in Fullerton, California (APN 033-032-26), presents a compelling investment opportunity. Zoned SPD, this property boasts a highly visible corner location at the signalized intersection of Commonwealth and Lemon Streets, ensuring excellent exposure for any future development. The site's previous use as a convenience store and gas station (gas station use is no longer permitted) makes it ideally suited for a variety of commercial ventures. The property's prime location offers significant advantages, including proximity to the Fullerton Transportation Center and the amenities of Downtown Fullerton, enhancing its appeal to potential businesses and customers. This is a rare chance to acquire a substantial parcel of land in a thriving area, perfect for projects requiring high visibility and convenient access. The site's potential uses include, but are not limited to, drive-thru businesses and EV charging stations. This is a remarkable opportunity to capitalize on the strong demand for commercial development in this desirable Fullerton location. The asking price is $2,100,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fullerton
- County
- Orange
- State
- California
- Longitude
- -117.92
- Latitude
- 33.87
- 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
$8,899
$780,597
$16,714
$797,311
-
$0.00
$0.00
$0.00
