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Property profile

122 E St Wilmington, CA 90744

OFF-MARKET
Commercial real estate
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0.17 ac lot

Property summary

AI-generated overview

This exceptional 0.17-acre commercial property, located at 122 East Street in Wilmington, California, presents a compelling investment opportunity. Comprising two parcels, this prime, fenced vacant lot is situated in both an Opportunity Zone and the Harbor Gateway State enterprise zone, offering significant tax advantages and potential for development incentives. Its strategic location provides easy access to the Port of Los Angeles, a major economic driver, and is in close proximity to Vanco Distribution, offering convenient access to railroad freight forwarding services. The property is specifically well-suited for a low-income multi-family development project, catering to a growing need in the area. Detailed information is available in the Offering Memorandum. Potential buyers are responsible for verifying all aspects of the property and its suitability for their intended use. The asking price for this exceptional opportunity is $650,000. Don't miss this chance to acquire a highly desirable commercial lot in a thriving location.

Property profile

Verified
Property type Commercial real estate
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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