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11814 167th St 786 SF Office Building Artesia, CA 90701 $1,200,000 ($1,526.72/SF) 5% Cap Rate
Investment Highlights
- Excellent accessibility with convenient ingress and egress and ample on site parking.
- Easy exit from 91 Freeway
- Two freestanding commecial buildings sittuated on seperate parcel.
Executive Summary
• Prime commercial location just north of the 91 Freeway, with convenient access from the Pioneer Boulevard exit.
Selling Price for the property located at 16706 Pioneer Blvd., and 11814 167th Street, Artesia
• Highly visible corner location offering outstanding street exposure and strong signage opportunities.
• Excellent accessibility with convenient ingress and egress and ample on-site parking.
• Two freestanding commercial buildings situated on separate parcels.
• Flexible ATM1 (Artesia Mixed-Use) zoning allows for a variety of retail, office, service commercial, and light manufacturing uses. Buyers are encouraged to verify all permitted uses and development potential with the City of Artesia.
• Ideal opportunity for an owner-user, investor, or future redevelopment
Selling Price for the property located at 16706 Pioneer Blvd., and 11814 167th Street, Artesia
• Highly visible corner location offering outstanding street exposure and strong signage opportunities.
• Excellent accessibility with convenient ingress and egress and ample on-site parking.
• Two freestanding commercial buildings situated on separate parcels.
• Flexible ATM1 (Artesia Mixed-Use) zoning allows for a variety of retail, office, service commercial, and light manufacturing uses. Buyers are encouraged to verify all permitted uses and development potential with the City of Artesia.
• Ideal opportunity for an owner-user, investor, or future redevelopment
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Office
Building Size
786 SF
Building Class
C
Year Built
1959
Price
$1,200,000
Price Per SF
$1,526.72
Cap Rate
5%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
786 SF
Slab To Slab
9’
Building FAR
0.19
Lot Size
0.10 AC
Zoning
ATM1 - City of Artesia M1 Zoning
Please check with the City of Artesia for more detail information.
Parking
4 Spaces (4.58 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7011-005-044 | Improvements Assessment | $2,363 |
| Land Assessment | $284,107 | Total Assessment | $286,470 |
Property Taxes
Parcel Number
7011-005-044
Land Assessment
$284,107
Improvements Assessment
$2,363
Total Assessment
$286,470
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
11814 167th St