82 Las Tunas Dr Arcadia, CA 91007-8566
- Turn key restaurants
- 3,000 SF
- 0.70 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 82 Las Tunas Dr
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 0.70 lot acres
- Property size
- 3,000 SF
- Zone code
- ARCM*
- Property type
- Turn key restaurants
- APN
- 5788-021-017
- APU
- 5788021017
Description
This exceptional 3,000-square-foot former drive-thru restaurant presents a remarkable opportunity in the thriving Arcadia, California market. Located at 82 Las Tunas Dr, 91007, this single-tenant property boasts a substantial 1,300+ square-foot outdoor patio, exclusively for the premises' use. The property benefits from premier pylon signage on both Live Oak Ave and Las Tunas Drive, ensuring high visibility and attracting significant attention from the densely populated area. With over 93,000 people residing within a two-mile radius, this location offers unparalleled access to a large customer base. Convenient access is provided via multiple ingress and egress points from both Live Oak Ave and Las Tunas Drive, including convenient left-turn access. This centrally located property enjoys proximity to key landmarks such as Westfield Santa Anita Mall and Santa Anita Racetrack, further enhancing its appeal and potential. The property is situated in Los Angeles County, within a growing and affluent submarket, making it an ideal investment for a variety of businesses seeking a high-traffic, easily accessible location. This is a rare opportunity to acquire a well-positioned commercial property in a prime Arcadia location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,710,000
- 6.5%
- $2,550,000
- 7%
- $2,580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,405,000
- Geo Method
- $2,500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,915,000
- Retail
- $1,970,000
- Mixed-Use
- $2,110,000
- Hospitality
- $2,135,000
- Educational
- $2,270,000
- Residential Income
- $2,630,000
- Energy
- $2,185,000
- Income-Based Land
- $2,575,000
- Food Service
- $2,280,000
Location Insight
- Map
- Local Demand
- City
- Arcadia
- County
- Los Angeles
- State
- California
- Longitude
- -118.034
- Latitude
- 34.1073
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA