8740 Park St Bellflower, CA 90706
- Manufacturing properties
- 7,000 SF
- 0.34 lot acres
Current Use by Public Records
- Tino's Auto Body Repair / Auto Repair Shop
- 5 Stars Automotive / Auto Repair Shop / Auto Body Shop
- BENZTEC / Auto Repair Shop
Property Details for 8740 Park St
- Year built
- 1954
- Lot size
- 0.34 lot acres
- Property size
- 7,000 SF
- Zone code
- BFM1*
- Property type
- Manufacturing properties
- APN
- 7107-005-010
- APU
- 7107005010
Description
This exceptional owner-user opportunity presents a 7,000-square-foot industrial building situated on a 14,918-square-foot lot in Bellflower, California. The property, located at 8740 Park Street, boasts a convenient location near the 91 Freeway and Lakewood Boulevard, offering excellent accessibility. Built in 1954 and renovated in 2019, the single-story building features a 16-foot ceiling height and is currently operating as a permitted auto body repair shop – a rare find due to city regulations. The property is zoned M1, providing flexibility for various industrial uses. The fee-simple ownership offers complete control and potential for future appreciation. With its substantial lot size and strategic location, this property represents a compelling investment for both owner-occupants and investors seeking a strong return. The APN is 7107005010. This is a single-unit building with no loading docks or dock-high doors.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,470,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,400,000
- 6.5%
- $1,180,000
- 7%
- $1,290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,310,000
- Geo Method
- $1,510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,245,000
- Retail
- $1,460,000
- Mixed-Use
- $1,085,000
- Hospitality
- $1,270,000
- Educational
- $1,480,000
- Residential Income
- $1,340,000
- Energy
- $1,425,000
- Income-Based Land
- $1,430,000
- Food Service
- $1,355,000
Location Insight
- Map
- Local Demand
- City
- Bellflower
- County
- Los Angeles
- State
- California
- Longitude
- -118.146
- Latitude
- 33.878
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA