OFF-MARKET
Retail space
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Entity Owned Property summary
AI-generated overview
This 6,185 square foot retail space in Downtown Long Beach offers multiple tenancy options, ranging from 984 to 3,200 square feet. Located at 700 E Broadway, at the southeast corner of Broadway and Lime Avenue, this property boasts a brand-new vanilla shell build-out, allowing for complete customization to suit various business needs, including restaurants, breweries, cideries, retail stores, or other commercial uses. The space features high ceilings, abundant natural light from floor-to-ceiling windows, and the potential for outdoor patio space. Its prime location benefits from high foot traffic due to its proximity to established businesses such as Roscoe's House of Chicken and Waffles, Kin Long Beach, and Von's. The property sits on a 0.16-acre lot and is zoned PD30 in Los Angeles County (APN 7281-021-002). This exceptional opportunity allows businesses to create a unique and inviting atmosphere in a thriving Downtown Long Beach location. The property is ready for immediate occupancy. The address is 700 E Broadway, Long Beach, CA 90802.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1937
Construction
TILT-UP CONCRETE
Total area
6,351 SF
Lot
0.16 ac (7,043 SF)
Zoning code
LBPD30
APN
7281-021-002
UPID
US09-6533827
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.54M
Owner & transaction history
since 2018
7 recorded transactions
Zoning & alternative use
LBPD30 · Long Beach, CA
Top alternative use upside
Office building
$2.3M
+26.0%
Auto repair, garage
$2.0M
+12.6%
Apartment house (5+ units)
$1.9M
+4.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.54M
Value range
$1.39M – $1.69M
±10% around blend
Estimated value / SF
$242 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
50
$1.39M
blend $1.54M
$1.69M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,351 SF
Lot area
0.16 ac
Year built
1937
Stories
1
APN
7281-021-002
Assessed value
$1,812,714
Annual tax
$27,544
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.61M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.75M
@ 6.5% CAP return
$1.61M
@ 7% CAP return
$1.50M
4
Sales comparison
Partial preview
Sales approach indication
$3.48M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.1 mi away · 7,936 SF
2.4 mi away · 4,630 SF
2.6 mi away · 7,313 SF
2.9 mi away · 6,796 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.54M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 215 sales
$281
-14%
County 3566 sales
$383
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $242/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+26%
vs current-use indication
Auto Repair, Garage
Apartment House (5+ Units)
Retail Stores · current use
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.81M
Move the market yield to see immediate price impact.
Value / SF
$285
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$114k
$2.28M
$1.63M
$1.27M
$127k
$2.54M
$1.81M
$1.41M
$140k
$2.79M
$1.99M
$1.55M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.95M
0.6 mi · Sep 2025 · $368/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$27,544
Tax year 2024
Assessed value
$1,812,714
Assessed 2024
Previous assessed
$1,812,714
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$914,724
Assessed improvement
$897,990
Applied tax rate
11.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1937
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,351 SF
Lot
0.16 ac (7,043 SF)
Zoning code
LBPD30
APN
7281-021-002
UPID
US09-6533827
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD30 · Long Beach, CAZoning LBPD30 · permitted uses
LBPD30 · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1937
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LBPD30
Jurisdiction
Long Beach, CA
Recorded code
LBPD30
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LBPD30 in Long Beach, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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