495 The Promenade N Long Beach, CA 90802-2492
Property profile & analytics
495 The Promenade N Long Beach, CA 90802-2492
- Investment properties
- 35,429 SF
- 0.29 lot acres
Property ID
US09-9907532
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
- Investment properties
Property Details for 495 The Promenade N
- Year built
- 2022
- Construction
- WOOD
- Lot size
- 0.29 lot acres
- Property size
- 35,429 SF
- Zone code
- LBPD30
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 7280-005-064
- APU
- 7280005064
Description
This exceptional Class A retail or restaurant space, located at 495 The Promenade North in Long Beach, California, presents a unique investment opportunity. Built in 2022, the entire 5,621 square foot building is currently vacant and available for immediate occupancy. Situated in Los Angeles County, zip code 90802, this single-tenant property offers unparalleled flexibility for a variety of businesses. The modern design and construction ensure a high-quality space ready for immediate customization. Its prime location within Long Beach provides excellent visibility and accessibility, attracting significant foot traffic and potential clientele. The property's size allows for a large-scale operation or the potential for division into smaller units (subject to feasibility studies and approvals). This is an exceptional opportunity to acquire a brand-new, high-quality retail or restaurant space in a thriving Long Beach location. The property is offered for sale and presents a compelling investment prospect for discerning buyers seeking a turnkey solution in a desirable market. Detailed floor plans and specifications are available upon request. This is a rare chance to secure a prominent location in a vibrant and growing area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $10,775,000
- ML approach
- $8,650,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,295,000
- 6.5%
- $9,505,000
- 7%
- $8,825,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,180,000
Market price range: $5.02M - $12.9M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $8,210,000 Current use
- OFFICE BUILDING
- $12,545,000 Change: +53% Conversion: Easy
- AUTO REPAIR, GARAGE
- $11,205,000 Change: +37% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $10,345,000 Change: +26% Conversion: Moderate
- RETAIL STORES
- $9,955,000 Change: +21% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.191
- Latitude
- 33.7726
- 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
$144,074
$3,900,000
$7,000,000
$10,900,000
-
$0.00
$0.00
$0.00
