Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commerce Warehouse with Freeway Access Title is generated by Realmo AI

    2638-2640 Yates Ave, Commerce, CA 90040

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $25,016,583

    Large industrial warehouse with immediate freeway access and heavy power.

    Type:Industrial
    Property size:
    139,500 SF
    Price / SF:
    $179/SF
    Added:
    Nov 26, 2025
    Days on Market:
    167
    Last Refresh:
    Nov 13 at 7:24 am

    Property Features for 2638-2640 Yates Ave

    General Information

    Standard status
    Active
    Size
    139,500 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Madison R Bradshaw
    Madison R Bradshaw

    Listing agent Madison R Bradshaw License #6501407394

    Listing office Five Star Real Estate (Main)

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Five Star Real Estate (Main)

    HighLights

    • Immediate freeway access for ease of logistics.
    • 13 dock high loading doors facilitate efficient operations.
    • Heavy power to support demanding equipment.
    • Benefit from a fenced yard.
    • Building/land square footage (buyer to verify).
    • Permitted office size (buyer to verify).

    Overview

    This industrial property features immediate freeway access and heavy power. The warehouse includes 13 dock-high loading doors and a fenced yard. The buyer is responsible for verifying all information, including building and land square footage, permitted office size, dates of construction, clear height, power, sprinkler calculation, zoning, permitting and permitted uses, ADA compliance, parking, building and roof condition, HVAC, access, encroachments, floor load, and taxes. The buyer must obtain a business license and confirm zoning and use prior to waiving contingencies. The seller will verify all tax implications of the sale with their accountant or attorney. The property size is 139,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    • Public Storage — 1012 S Maple Ave, Montebello, CA 90640
    • Handy Self Storage — 1500 E Washington Blvd, Montebello, CA 90640
    • Api Kirk Containers — Flotilla St, Commerce, CA 90040
    • DJ's Towing LLC — 1553 W Olympic Blvd, Montebello, CA 90640
    • Offstage Storage — 2301 S Tubeway Ave, Commerce, CA 90040

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.1363209
    Latitude
    33.9904977

    Nearby Similar for Sale

    • $3,000,000
      10,767 SF

      Commerce Multifamily Investment Opportunity

      12-unit multifamily property in Commerce, CA with value-add potential.
      5913 Greenwood Ave, Commerce, CA 90040
      View Details
    • $850,000

      Vacant Warehouse in Commerce, CA

      Vacant warehouse with upgraded electric, convenient freeway access.
      1460 S Bonnie Bch, Commerce, CA 90023
      View Details
    • $4,999,999
      15,500 SF

      Commerce Industrial Warehouse Facility

      Two-building industrial warehouse on a large lot in Commerce, CA.
      5565 5575 Sheila St, Commerce, CA 90040
      View Details
    • $250,000

      Established Truck Accessories Retail Store

      Truck accessories retail store for sale in Commerce, California.
      4615 E Washington Blvd, Commerce, CA 90040
      View Details
    • $28,900,000
      96,394 SF

      Freestanding Dock-High Facility For Sale

      96,394 SF concrete tilt-up facility with excellent frontage.
      5331-5333 Slauson Ave, Commerce, CA
      View Details
    • $1,280,000
      7,350 SF

      Commerce Warehouse with Fenced Yard

      Warehouse with fenced yard/parking, bow truss roof, and skylights.
      4450 Washington Blvd, Commerce, CA
      View Details
    • $989,000
      3,621 SF

      Commerce Warehouse with Climate Control

      3,621 SF warehouse featuring upgraded power and climate control.
      1257 Goodrich Blvd, Commerce, CA 90022
      View Details
    • $15,060,772
      55,988 SF

      Industrial Space in Commerce

      55,988 SF multi-tenant industrial building with ample power.
      2717 Tanager Ave, Commerce, CA, 90040
      View Details
    • $7,165,816
      24,968 SF

      Free Standing Warehouse For Sale

      24,968 SF concrete tilt-up building on 1.01 acres.
      2854 Supply Ave, Commerce, CA
      View Details
    • $1,950,000
      7,438 SF

      Refurbished Industrial Corner Location

      Refurbished industrial property with high visibility near the 5 Freeway.
      2119 S Atlantic Blvd, Commerce, CA 90040
      View Details
    • $1.75
      54 SF

      Single-Story Commerce Office Campus

      Single-story office campus with creative open space potential in Commerce.
      5900 Eastern Ave | Commerce, CA 90040, CA 90040
      View Details
    • $17,940,000
      60,000 SF

      Commerce Warehouse Investment Opportunity

      Leased warehouse with secured yard and freeway frontage.
      5100 Triggs St, Commerce, CA
      View Details

    FAQs

    What type of property is this?
    Warehouse - Large industrial warehouse with immediate freeway access and heavy power.
    Where is this warehouse located?
    The property is located at 2638-2640 Yates Ave Commerce, CA.
    What is the asking price?
    The asking price for this property is $25,016,583.
    What are key features of this property?
    This property features: Immediate freeway access for ease of logistics.; 13 dock high loading doors facilitate efficient operations.; Heavy power to support demanding equipment.
    (616) 791-1500
    We can help!
    Listing Contact
    Madison R Bradshaw
    Madison R Bradshaw
    Real Estate License ID: 6501407394
    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
    2638-2640 Yates Ave, Commerce , CA 90040
    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!