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

    2041 Davie Ave Commerce, CA 90040

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,356,000

    Redevelopment opportunity in Commerce, M2 zoning, utilities on site.

    Lot size:
    42.00 Acres

    Property Features for 2041 Davie Ave

    General Information

    Lot size
    42.00 Acres

    Building Details

    Year built
    1956

    We can help!

    Listing Contact
    Mattison Behr
    Mattison Behr
    Source: Lee-associates

    Listing Agent: Mattison Behr

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

    Learn more

    Overview

    Commerce Industrial Land Redevelopment Opportunity

    This property presents a redevelopment opportunity in Commerce, zoned M2 for heavy industrial use. The site is a corner lot with excellent access and visibility, situated in a rare infill location with a square parcel shape. Utilities are available to the site. The existing building was damaged in a fire and requires demolition. The property is being sold "As-Is" and "Where-Is". Buyers are responsible for verifying all information, including land square footage, zoning, permitted use, ADA compliance, parking access, encroachments, and taxes. Tenants are required to obtain a business license and confirm zoning and use.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.1346091
    Latitude
    34.0048238

    Nearby Similar for Sale

    • $1,500,000
      4,154 SF

      Commerce Commercial Property on Corner

      Versatile commercial property with warehouse and retail storefront.
      5711 Sheila St, Commerce, CA 90040
      View Details
    • Contact for pricing

      Food Processing Facility For Sale

      Free-standing building with coolers, office space, and food processing features.
      5830 Triangle Dr, Commerce, CA 90040
      View Details
    • Contact for pricing

      Leased Investment Opportunity in Commerce

      Leased industrial property with secured yard and freeway frontage.
      Commerce, CA 90022
      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
    • $25,016,583
      139,500 SF

      Commerce Warehouse with Freeway Access

      Large industrial warehouse with immediate freeway access and heavy power.
      2638-2640 Yates Ave, Commerce, CA 90040
      View Details
    • $8,500,000
      26,615 SF

      Well-Maintained Industrial Structures For Sale

      Clean, well-maintained industrial property in a prime Commerce location.
      5519 Jillson St, Commerce, CA 90040
      View Details
    • $7,365,560
      24,968 SF

      Free Standing Warehouse For Sale

      24,968 SF concrete tilt-up building on 1.01 acres.
      2854 Supply Ave, 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 90230
      View Details
    • Contact for pricing
      27,500 SF

      Commerce Warehouse with Fenced Yard

      27,500 sqft warehouse with frontage and convenient freeway access.
      3510 Garfield Ave, Commerce, CA 90040
      View Details
    • $1,100,000

      Commerce, CA Property For Sale

      Commercial property available for purchase in Commerce, California.
      7019 Lanto St, Commerce, CA 90040
      View Details
    • Contact for pricing
      7,200 SF

      Free Standing Industrial Building

      7,200 SF industrial building with showroom and office space.
      4444 Un Pacific Ave, Commerce, CA
      View Details
    • $7,250,000
      39,873 SF

      Manufacturing Facility in Opportunity Zone

      Manufacturing facility with high ceilings and heavy power capacity.
      6155 S Eastern Ave, Commerce, CA
      View Details

    FAQs

    What type of property is this?
    Industrial land - Redevelopment opportunity in Commerce, M2 zoning, utilities on site.
    Where is this industrial land located?
    The property is located at 2041 Davie Ave Commerce, CA.
    What is the asking price?
    The asking price for this property is $4,356,000.
    What are key features of this property?
    This property features: - Rare infill location; - Zoned Commerce M2 (heavy industrial); - Corner lot with excellent access & visibility
    (818) 434-9116
    Request Owner's contact information
    2041 Davie Ave Commerce, CA 90040
    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.
    2041 Davie Ave
    Commerce, CA 90040
    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
    2041 Davie Ave Commerce, CA 90040
    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
    Mattison Behr
    Mattison Behr
    Real Estate License ID: 02091054
    (818) 434-9116 (323) 922-3832 (323) 922-5176
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!