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Property profile & analytics
OFF-MARKET Estimated value $3,150,000
Retail space

8400 Firestone Blvd Downey, CA 90241-3844

12,296 SF 1.11 ac lot Built 2003
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US09-7933194
Property summary
AI-generated overview

This exceptional 12,700 square foot free-standing retail building, formerly a CVS Pharmacy, presents a unique investment opportunity. Its prime location at the corner of Firestone Boulevard and Dolan Avenue ensures excellent visibility at a signalized intersection within a densely populated area. The property benefits from high traffic counts on this major thoroughfare, attracting significant customer flow. Current neighboring businesses include Diosa Restaurant, Silverlake Ramen, and AT&T Wireless, adding to the vibrant commercial environment. The surrounding area boasts an abundance of regional and national restaurants, retailers, and medical tenants, further enhancing the property's appeal. Nearby landmarks include Stonewood Mall, Downey Promenade, and Downey Landing, providing additional draw for potential customers. Downey itself is known for its high restaurant volume within Los Angeles County, making this location particularly attractive for food-related businesses. The property's proximity to Downey Theater and Downey High School (with over 4,200 students) offers significant foot traffic and potential customer base. The inclusion of a drive-thru adds considerable convenience and operational efficiency, making this a truly exceptional retail space. The property's APN is 6255-002-032. This is a single-tenant property offering significant potential for a variety of retail uses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction TILT-UP CONCRETE
Total area 12,296 SF
Lot 1.11 ac (48,396 SF)
Zoning code DOC3-M1*
APN 6255-002-032
UPID US09-7933194
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Citibank ATM Atm
  • Buy Bitcoin Crypto Atm
  • Coinhub Bitcoin ATM Teller Atm
  • MoneyGram Bank Credit Union
  • Crypto Dispensers | CDReload Atm Kiosk
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.15M
Owner & transaction history
Downey Dolan He LLC · 19 yrs held
Downey Dolan He LLC
since 2007
7 recorded transactions
2016
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
DOC3-M1* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $3.9M +8.9%
Commercial (general) $3.8M +6.5%
Warehouse, storage $3.6M +1.3%
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