Property profile

518 W Broadway St Needles, CA 92363

FOR SALE
Commercial real estate
Property ID
US10-0842314
1,320 SF 0.54 ac lot Built 1976
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Property summary

AI-generated overview

This exceptional commercial property, situated on a highly visible corner lot in the heart of Needles, CA, along historic Route 66, presents a unique investment opportunity. The 1,320 square foot building sits on a sizable 0.54-acre lot, offering ample space and versatility. Recent upgrades include new electrical, plumbing, and sewer systems, ensuring modern functionality. The property boasts 14-foot garage doors providing convenient access to the interior bays, ideal for various uses. A significant advantage is the existing 1,500 square feet of covered parking, readily adaptable into additional building space if desired. The large, fenced rear lot provides extra storage or expansion possibilities. The property's prime location offers easy access to the Colorado River and Interstate 40, maximizing exposure and convenience. Its suitability extends to a wide range of businesses, including retail, boat/jet ski sales, automotive repair, office space, a small grocery store, laundromat, or even a storage facility. Pre-installed corner signage with floodlights enhances visibility. All necessary EPA clearance paperwork is available from the seller, ensuring a smooth transition. This well-maintained property is move-in ready and poised for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Year built 1976
Total area 1,320 SF
Lot 0.54 ac (23,522 SF)
UPID US10-0842314

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

518 W Broadway St Needles, CA 92363
Needles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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