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Property profile & analytics
FOR LEASE
Retail properties & Spaces
9020 Firestone Blvd Downey, CA 90241
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8422664
For Lease
1 / 2
$4,090,000
9020 Firestone Blvd, Downey, CA 90241
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Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1954
Construction
TILT-UP CONCRETE
Total area
30,000 SF
Lot
2.8 ac (121,840 SF)
Zoning code
DOC4-P*
APN
6284-006-023
UPID
US09-8422664
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
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.93M
Blend (final)
Blend
$4.09M
Owner & transaction history
Firestone Center Properties LLC · 2 yrs held
Firestone Center Properties LLC
since 2023
Last sale
$4.9M
5 recorded transactions
Zoning & alternative use
DOC4-P* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Downey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downey submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,785,000
ML approach
$3,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.09M
Range $3.68M – $4.50M · ±10% · vs last sale $4.93M (Jul 21 2023)
Last sale anchor
$4.93M
Jul 21 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$136 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$104,640
Tax year 2024
Assessed value
$7,800,000
Assessed 2024
Previous assessed
$7,800,000
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$7,000,000
Assessed improvement
$800,000
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
For Lease
Year built
1954
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Units
1
Total area
30,000 SF
Lot
2.8 ac (121,840 SF)
Zoning code
DOC4-P*
APN
6284-006-023
UPID
US09-8422664
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOC4-P* · Downey, CA
Zoning DOC4-P* · permitted uses
DOC4-P* · Downey, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Units
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
Firestone Center Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
714 S PLYMOUTH BLVD, LOS ANGELES, CA 90005-3721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2023
$4,926,000
Firestone Center Properties LLC
Big Lots Stores Pns LLC
Grant Deed
—
May 20, 2009
—
City Of Downey
Pns Stores INC
Quit Claim Deed
related
—
May 4, 2004
—
Downey City (ca)
Pic N Save Stores INC
Quit Claim Deed
related
—
Aug 1, 1988
$1,700,000
Pic N Save Store
Zimm
Grant Deed
—
Apr 12, 1972
—
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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