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    OFF-MARKET
    Turn key restaurants

    3000 Race Ave, Searcy, AR 72143-4808

    5,349 SF 0.7 ac lot Built 1975
    Entity Owned 12-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-2136948
    Property summary
    AI-generated overview

    This exceptional two-story commercial building, located on the main thoroughfare of Santa Anita Avenue in Los Angeles County, offers 7,792 square feet of versatile office space across seven suites. The property sits on a 0.39-acre lot and is zoned EMCO*. Four suites are currently available, ranging in size from 660 to 1,386 square feet, making it ideal for businesses of various sizes. The building boasts a strong tenant mix, including a law firm, accounting firm, interior decorator, and job placement agencies, creating a professional and collaborative environment. Each suite includes a private bathroom and ample office space. The property provides convenient on-site and street parking, ensuring easy access for employees and clients. Tenants are responsible for their own electricity; there are no additional common area maintenance (CAM) charges. The APN is 8570-002-027. This quiet building is perfect for a firm seeking a prominent office presence or a satellite location. The property's location and amenities make it an attractive opportunity for businesses seeking a well-established and convenient office space in a desirable Los Angeles County location.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1975
    Total area 5,349 SF
    Lot 0.7 ac (30,492 SF)
    APN 016-09967-000
    UPID US05-2136948
    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
    Current use
    Occupant on record · Public records
    • Citizens Fidelity Insurance Co Insurance Agency
    • Roache Carpet & Flooring Co. Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Los Primos INC · 12 yrs held
    Los Primos INC
    since 2014
    1 recorded transaction
    2014
    $925,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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