5207 Peck Rd El Monte, CA 91732-1122
- Retail space
- 1,902 SF
- 0.22 lot acres
Current Use by Public Records
- Victory Education / Summer Camp / Education Center
- Sharp Kitchen Bath Bathroom Renovation South El Monte / General Contractor
Property Details for 5207 Peck Rd
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.22 lot acres
- Property size
- 1,902 SF
- Zone code
- EMC2*
- Property type
- Retail space
- APN
- 8538-014-023
- APU
- 8538014023
Description
This exceptional retail property at 5207 Peck Road, El Monte, CA 91732, presents a compelling investment opportunity. The 9,474 square foot lot houses a 1,902 square foot, single-story building, ideally suited for owner-users. Built in 1960, this Class C property boasts high visibility on a major thoroughfare, Peck Road, a four-lane corridor experiencing significant commercial and residential growth. The building features a reception area, six rooms, three bathrooms, a lunch area, and convenient service entrance doors. Nine parking spaces are available. The property is zoned R3 C2 and offers a unique blend of accessibility and high-traffic exposure. The asking price is $980,000, translating to $103.44 per square foot. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The property's location at the corner of Peck Road and Hemlock Street provides exceptional visibility and accessibility within a thriving commercial area. The City of El Monte has seen over one billion dollars in recent commercial and residential investment, indicating a strong and growing market. This presents a rare chance to acquire a well-positioned retail space in a dynamic and rapidly developing area. The property's features, combined with its strategic location and the city's robust growth trajectory, make it an ideal investment for owner-users or savvy investors. The APN is 8538-014-023.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $355,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $395,000
- Mixed-Use
- $330,000
- Hospitality
- $345,000
- Educational
- $340,000
- Residential Income
- $355,000
- Energy
- $345,000
- Income-Based Land
- $295,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.012
- Latitude
- 34.097
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
