518 W Broadway St Needles, CA 92363
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.