Licensed Cannabis Industrial
New
For Sale
Contact for pricing
10810-10844 Alameda St, Lynwood, CA 90262
Multi-tenant property with heavy power and licensed cannabis operations.
Property Size32,860 SF
Price / SF$194.77
Days on Market6
Property Features for 10810-10844 Alameda St
General Information
Standard status
Active
Size
32,860 SF
Property subtype
Industrial
Zoning
LYM
Building Details
Year Built
1953
Tenancy
Multi
Listing Agency:
Lee & Associates - Los Angeles - Downtown
Listed By:
Doug Cline · License #CA 01142005
(213) 324-2957
Source:
Crexi
Added: Aug 28
Changed: Sep 1
Last Checked: Aug 30 at 12:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Los Angeles - Downtown
Investment Insights
Based on property information with market context.
This 32,860-square-foot multi-tenant industrial property is configured for licensed cannabis operations. The facility includes heavy power and supports manufacturing, cultivation, nonstorefront retail, and distribution uses.
The property is positioned along the Alameda Corridor in Lynwood, California, with access to the 105 Freeway within minutes. The portfolio includes the addresses 10810-10844 Alameda St.
The property is positioned along the Alameda Corridor in Lynwood, California, with access to the 105 Freeway within minutes. The portfolio includes the addresses 10810-10844 Alameda St.
Key Highlights
- 32,860‑square‑foot multi‑tenant industrial facility
- Fully licensed cannabis facility
- Heavy power service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$427,572
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,551,440
$8.6M
Cap Rate 7%
$6,108,171
$6.1M
Cap Rate 9%
$4,750,800
$4.8M
Market Conditions
NOI Build-Up for 32,860 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$528.4K $16.08/SF
− Vacancy
−$25.4K −$0.77/SF
EGI
$503.0K $15.31/SF
− OpEx
−$75.5K −$2.30/SF
NOI
$427.6K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,551,440
Cap Rate 7%
$6,108,171
Cap Rate 9%
$4,750,800
Alternative Uses
Best Use
Warehouse
$6.11M
$5.34M – $7.13M
NOI $427,572 @ 7.0% cap · market cap 6.68%
Second Best
Industrial
$5.49M
$4.80M – $6.40M
NOI $384,005 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$17.59M
$15.39M – $20.53M
NOI $1,231,518 @ 7.0% cap · market cap 19.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
Explore this area
Business Placement
Demographics for 90262, CA
67,099
Population
15,497
Households
4.3
Avg Household Size
32
Median Age
10%
College-Educated
58%
High-School Grad
4.8 sq mi
ZIP Area
13,979
Density / Sq Mi
$70,507
Median Household Income
$32,870
Median Earnings
$1,625
Median Rent
$569,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Cannabis property - Multi-tenant property with heavy power and licensed cannabis operations.
Where is this cannabis property located?
The property is located at 10810-10844 Alameda St Lynwood, CA.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: 32,860‑square‑foot multi‑tenant industrial facility; Fully licensed cannabis facility; Heavy power service
