504 Broadway St, Needles, CA 92363-2942
This exceptional industrial property, situated in the heart of Needles, CA, presents a unique investment opportunity. Located at 504 W Broadway Street, this 1,421 square foot building sits on a desirable half-acre corner lot, offering significant potential for a variety of commercial uses. Previously utilized as a gas and service station, the underground fuel tanks have been removed, eliminating environmental concerns and opening the door for diverse business ventures. Recent improvements include a completely upgraded electrical panel and fresh interior and exterior paint, reducing immediate capital expenditure needs for the new owner. The property's central downtown location provides excellent visibility and accessibility, capitalizing on Needles' burgeoning growth. This is a ground-floor opportunity to establish a thriving business in a rapidly developing California city. The building's spacious layout and ample land provide flexibility for expansion or adaptation to suit specific business needs. Its strategic location ensures high traffic volume and easy access for customers and employees. Don't miss this chance to acquire a well-maintained, ready-to-occupy industrial property in a prime location. The asking price is $295,000. A drive-by is encouraged to appreciate the property's potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.