7151 Westminster Blvd Westminster, CA 92683-4239
This exceptional 4,000 square foot retail property, situated on a 0.3-acre lot (13,260 square feet), presents a compelling investment opportunity in Westminster, CA. Currently 100% occupied by short-term tenants, this property generates immediate income while offering significant long-term potential. The strategic corner location at Westminster Boulevard and Cedar Street, with convenient alley access, provides excellent visibility and accessibility. The property's zoning allows for exciting redevelopment possibilities. The city's proposed mixed-use zoning designation (buyer to verify with the city) opens doors for a variety of projects, potentially mirroring the successful Westminster Crossing development directly across the street. This presents a unique chance to either renovate the existing structure into a medical office building or undertake a larger-scale redevelopment project. The existing tenants provide a stable income stream while the entitlement process is underway. The property includes three Assessor's Parcel Numbers: 096-084-10, 096-084-11, and 096-084-12. This prime location and flexible zoning make this a truly remarkable investment opportunity with substantial upside potential. Don't miss this chance to acquire a high-yield property in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.