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Property profile & analytics
OFF-MARKET
Warehouses

243 4th St Blythe, CA 92225-2620

3,840 SF 0.2 ac lot Built 1971
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US10-2986247
Property summary
AI-generated overview

This exceptional mixed-use building at 243 4th Street in Blythe, California, presents a unique investment opportunity. The 3,840 square foot property comprises three distinct units, offering versatile commercial space. Unit #1, a 750 square foot space, is ideally suited for office or service-based businesses, featuring two dedicated parking spaces and ample street parking. Units #2 (1,335 square feet) and #3 (1,715 square feet) are expansive open-plan units, each with a large garage door, making them perfect for businesses requiring vehicle access. Approved uses under city permits include animal services, automotive repair (including tire shops), convenience stores, eateries, fitness centers, laundromats, storage facilities, and medical services. The building has undergone recent renovations. The property owner is willing to offer a rent concession to qualified lessees entering into a long-term lease agreement. This property's diverse potential and central Blythe location make it an attractive investment for a wide range of commercial ventures. The flexibility of the space, combined with the potential for various business types, ensures a strong return on investment. Don't miss this chance to acquire a thriving commercial property in a growing market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1971
Construction TILT-UP CONCRETE
Total area 3,840 SF
Lot 0.2 ac (8,712 SF)
Zoning code C1
APN 848-091-010
UPID US10-2986247
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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by Request
Owner & transaction history
Georgiy Avetisov · 2 yrs held
Georgiy Avetisov
since 2024
Last sale
$135,000
7 recorded transactions
2024
Price N/A
2023
$135,000
2023
$85,000
2021
Price N/A
2007
$110,000
2006
Price N/A
1998
$55,000
Zoning & alternative use
C1 · Blythe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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