Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    846 Watson Ave Wilmington, CA 90001

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial suite with secured yard near Ports of Los Angeles/Long Beach.

    Type:INDUSTRIAL
    Property size:
    1,772 SF
    Lot size:
    0.58 Acres
    Added:
    Apr 3, 2024
    Days on Market:
    761
    Last Refresh:
    Apr 5 at 8:15 pm

    Property Features for 846 Watson Ave

    General Information

    Standard status
    Active
    Size
    1,772 SF
    Lot size
    0.58 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 846 Watson Ave Contact us

    We can help!

    Listing Contact
    Alex Matar

    Listing agent Alex Matar

    Listing office Kidder Mathews

    Listing date Apr 3, 2024

    Source Moodyscre

    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 Kidder Mathews

    Overview

    Wilmington Industrial Suite For Rent

    This industrial suite offers approximately 1,582 square feet of flex space, suitable for industrial and warehouse use. The property features a secured and fenced concrete yard. It has a 15-foot clear height and is zoned MR-2. The location provides multiple street access points and is in close proximity to the Port of Los Angeles and Long Beach.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Pagoda Catering — 2760 Sepulveda Blvd, Torrance, CA 90505
    • By Brazil Restaurant — 1615 Cabrillo Ave, Torrance, CA 90501
    • Lalo's Catering Company — 1821 213th St # D, Torrance, CA 90501

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Los Angeles
    State
    California
    Longitude
    -118.247
    Latitude
    33.782

    Nearby Similar for Lease

    • $6,500/Mo

      Wilmington Warehouse Near Ports

      4998 SF warehouse in Wilmington, near the ports.
      440 N Marine, Wilmington, CA 90744
      View Details
    • $5,250/Mo

      Wilmington Commercial Space Near Ports

      Industrial building near Ports of Los Angeles and Long Beach.
      229 Broad Avenue, Wilmington, CA 90744
      View Details
    • $650/Mo

      Downtown Wilmington Office Space Available

      Classic 1927 office spaces for lease in Downtown Wilmington.
      810 N Avalon Boulevard, Wilmington, CA 90744
      View Details
    • Contact for pricing

      Industrial Building Near Ports

      Industrial building near the Ports of Los Angeles and Long Beach.
      229 Broad Ave, Wilmington, CA 90744
      View Details
    • Contact for pricing

      Wilmington Warehouse Near Ports

      4998 sq. ft. warehouse in prime Wilmington location.
      440 N Marine, Wilmington, CA 90744
      View Details
    • $650/Mo

      Downtown Wilmington Office Space Available

      Classic 1927 office spaces for lease in Wilmington.
      810 N Avalon Blvd, Wilmington, CA 90744
      View Details
    • $5,250/Mo

      Retail Space Available For Rent

      Retail space available for rent in Wilmington, California.
      229 Broad Avenue, Wilmington, CA 90744
      View Details
    • $12,254/Mo

      Truck Yard Parking Available

      Fenced, concrete-paved truck yard near LA and Long Beach Ports.
      124 W E St, Wilmington, CA 90744
      View Details
    • $1.35 SF/Yr

      Industrial Building with Dock High

      Multi-tenant industrial building with dock high loading in every unit.
      301-445 Figueroa St, Wilmington, CA
      View Details
    • $2.00 SF/Yr

      Freestanding Building with Extra Land

      Freestanding building with secure yard near freeways.
      620 E. Anaheim Street, Wilmington, CA 90744
      View Details
    • $1.25 SF/Yr

      Wilmington Flex Space Sublease

      Flex space available for sublease with renovated office and secure yard.
      1675-1701 E Mauretania St, Wilmington, CA 90744
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial suite with secured yard near Ports of Los Angeles/Long Beach.
    Where is this flex space located?
    The property is located at 846 Watson Ave Wilmington, CA.
    What is the lease rate?
    The lease rate is $0.75 SF/Yr.
    What are key features of this property?
    This property features: Close proximity to Port of Los Angeles and Long Beach; Secured and fenced concrete yard; ±1,582 SF Industrial Suite
    (949) 557-5069 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Alex Matar
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    846 Watson Ave, Wilmington, CA

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!