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Property profile & analytics
OFF-MARKET Estimated value $6,550,000
Retail space

2450 Atlantic Blvd Commerce, CA 90040-1200

27,532 SF 1.06 ac lot Built 1988
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8499038
Property summary
AI-generated overview

Commerce Corner, located at 2450 S Atlantic Blvd, Commerce, CA 90040, offers a diverse range of leasing opportunities in a high-demand Southeast Los Angeles submarket. This Class B property boasts a total of 67,010 square feet, with spaces ranging from a minimum of 1,370 square feet to a maximum contiguous space of 22,448 square feet. The property is ideally suited for a variety of uses, including retail, office (traditional, executive, and creative), restaurant, bakery, boba shop, and donut shop. Multiple tenancy options are available. A prominent freestanding building with drive-thru potential is a key feature, situated directly across from a Starbucks, ensuring high visibility and significant foot and vehicle traffic. The property's location on South Atlantic Boulevard, near Washington Blvd, provides excellent access to major thoroughfares and is surrounded by other popular retail destinations, guaranteeing consistent customer flow. This makes Commerce Corner an exceptional choice for businesses seeking maximum exposure and a vibrant commercial environment. The property is categorized as a 2nd generation space, offering immediate occupancy potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction WOOD
Total area 27,532 SF
Lot 1.06 ac (46,131 SF)
Zoning code CMMI
APN 6335-006-019
UPID US09-8499038
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
AI Approach AI
$6.93M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.27M
Blend (final) Blend
$6.55M
Owner & transaction history
Nurira LLC · 6 yrs held
Nurira LLC
since 2020
Last sale
$6.3M
7 recorded transactions
2020
Price N/A
2013
Price N/A
2012
$6.3M
2007
$12.4M
2005
Price N/A
2003
Price N/A
2000
$2.1M
Zoning & alternative use
CMMI · Commerce, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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