Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16027 S Carmenita Rd Cerritos, CA 90703

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.00 SF/Yr ($1,372 /Mo)

    High-image freestanding building with modern office space for lease.

    Property size:
    16,470 SF
    Lot size:
    0.97 Acres

    Property Features for 16027 S Carmenita Rd

    General Information

    Size
    16,470 SF
    Lot size
    0.97 Acres

    We can help!

    Listing Contact
    Stephen C. Calhoun
    Source: Moodyscre

    Listing Agent: Stephen C. Calhoun

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Freestanding Warehouse with Fenced Yard

    This 16,470-square-foot freestanding building is located in a desirable area and features a private fenced yard. The property includes modern office space with LED energy-efficient lighting. The warehouse area is illuminated by T5 lighting. The building has been recently updated with new exterior paint and landscaping. It features two ground-level doors and provides immediate access to the 5 and 91 Freeways. The property is intended for warehouse and industrial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Auto Repair Shop Hair Salon Wholesale Shop Clothing Store

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

    Similar Places Nearby

    Iron Mountain, Access - Scanning, Records Storage, and Document Management, Celson's Distribution Center, Extra Space Storage, UNITS Moving and Portable Storage of Orange County

    Location Insight

    • Map
    • Local Demand
    City
    Cerritos
    County
    Los Angeles
    State
    California
    Longitude
    -118.0473003
    Latitude
    33.8867686

    Nearby Similar for Lease

    • Contact for pricing
      36,994 SF

      Cerritos Retail Space Ground Lease

      Former Babies'R'Us space for lease in prime Cerritos location.
      11540 South St, Cerritos, CA 90703
      View Details
    • $11 SF/Yr
      23,712 SF

      Mid-Counties Warehouse: 23,712 SF

      Free-standing warehouse, ready for occupancy.
      16707 Edwards Rd, Cerritos, CA 90703
      View Details
    • $0.95 SF/Yr
      159,214 SF

      Cerritos Industrial Space For Lease

      Large Manufacturing/Warehouse Space Available
      16220 Carmenita Rd, Cerritos, CA 90703
      View Details
    • Contact for pricing
      58,126 SF

      Del Amo Plaza: Cerritos Retail Center

      High-traffic Cerritos retail center; one space available.
      11899 Del Amo Blvd, Cerritos, CA 90703
      View Details
    • Contact for pricing
      2,650 SF

      Cerritos Executive Office Suites

      Prime Cerritos office space, 5 suites available.
      18000 Studebaker Rd, Cerritos, CA 90703
      View Details
    • $1.42 SF/Yr
      61,404 SF

      Cerritos Warehouse: 61,404 SF

      Prime Cerritos industrial space available.
      16704 Marquardt Ave, Cerritos, CA 90703
      View Details
    • Contact for pricing
      154,237 SF

      Cerritos Warehouse: 154,237 SF

      Prime Los Angeles County distribution center. Large warehouse space available.
      16107 Commerce Way, Cerritos, CA 90703
      View Details
    • $23 SF/Yr
      9,354 SF

      Cerritos Office Space For Lease

      Prime Office Suites near Cerritos Mall
      18331 Gridley Rd, Cerritos, CA 90703
      View Details
    • $35 SF/Yr
      43,281 SF

      Logos Tower: Cerritos Office Space

      Prime Cerritos office, multiple suites available.
      18000 Studebaker Rd, Cerritos, CA 90703
      View Details
    • $18 SF/Yr
      20,951 SF

      State Road Flex Space Available

      Cerritos flex space, 1,620-5,670 sq ft.
      20014 State Rd, Cerritos, CA 90703
      View Details
    • $93 SF/Yr
      14,830 SF

      Cerritos Towne Center Office Suites

      Prestigious Cerritos office space, flexible options.
      17777 Center Court Dr, Cerritos, CA 90703
      View Details
    • $22,400

      Cerritos Warehouse with Fenced Yard

      Warehouse with office, mezzanine, fenced yard, and loading dock.
      10637 Midway Ave, Cerritos, CA 90703
      View Details

    FAQs

    What type of property is this?
    Warehouse - High-image freestanding building with modern office space for lease.
    Where is this warehouse located?
    The property is located at 16027 S Carmenita Rd Cerritos, CA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Immediate access to 5 & 91 Freeways; - Freestanding building with private fenced yard; - Modern office space with LED energy efficient lighting
    (323) 646-6880
    Request Owner's contact information
    16027 S Carmenita Rd Cerritos, CA 90703
    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.
    16027 S Carmenita Rd
    Cerritos, CA 90703
    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
    16027 S Carmenita Rd Cerritos, CA 90703
    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

    We can help!
    Listing Contact
    Stephen C. Calhoun
    (323) 646-6880
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.