8922 Beverly Blvd Pico Rivera, CA 90660-1900
- Retail space
- 11,205 SF
- 0.57 lot acres
Current Use by Public Records
- Farmers & Growers Market / Grocery Store
- Hernandez Grocery Market / Grocery Store
- Pastor's Meat / Butcher Shop
- A&N INCOME TAX & IMMIGRATION SERVICES / Tax Preparation / Bookkeeping Service
Property Details for 8922 Beverly Blvd
- Year built
- 1954
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.57 lot acres
- Property size
- 11,205 SF
- Zone code
- PRCG*
- Property type
- Retail space
- APN
- 5272-023-032
- APU
- 5272023032
Description
This exceptional commercial property, located at 8922 Beverly Blvd in Pico Rivera, CA 90660, presents a fantastic opportunity for retail or restaurant businesses. Situated at a busy intersection (Rosemead and Beverly Boulevards), this single-tenant space offers unparalleled visibility and accessibility. The unit boasts a newly installed roof, convenient front parking, and rear access for efficient operations. The property's prime location benefits from excellent traffic counts, significant pedestrian traffic throughout the day, and ample parking for customers. The plaza itself features a diverse range of businesses, and the property is directly across the street from established national brands like Norms and Starbucks, further enhancing its appeal and drawing in a steady stream of potential customers. The surrounding area demonstrates strong demographics, with an average household income within a two-mile radius exceeding $101,000. Daily traffic counts on the street reach 55,000 vehicles, ensuring consistent exposure to a large potential customer base. Flexible space options are available, ranging from 900 to 13,000 square feet, catering to a variety of business needs and expansion plans. A variety of signage options are also available to maximize brand visibility. This property offers a unique blend of convenience, visibility, and strong market demographics, making it an ideal location for a thriving business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $405,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $505,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $375,000
- Mixed-Use
- $395,000
- Hospitality
- $410,000
- Educational
- $460,000
- Residential Income
- $435,000
- Energy
- $485,000
- Income-Based Land
- $435,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Pico Rivera
- County
- Los Angeles
- State
- California
- Longitude
- -118.083
- Latitude
- 34.0107
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA