Freestanding Retail Building on
For Sale
Contact for pricing
21412 Alameda St, Carson, CA 90810
975 SF retail building in Carson with parking.
Property Size975 SF
Price / SF$476.92
Days on Market504
Property Features for 21412 Alameda St
General Information
Standard status
Active
Size
975 SF
Property subtype
Industrial, Office, Retail
Zoning
CAML&D
Investment Type
Owner/User
Building Details
Year Built
1964
Buildings
1
Units
1
Listing Agency:
Matthews
Listed By:
Christine Baker · License #02249827
Source:
Crexi
Added: Mar 26, 2025
Changed: Aug 8
Last Checked: Aug 10 at 3:14PM
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 Matthews
Investment Insights
Based on property information with market context.
This is a 975 square-foot freestanding retail building located on South Alameda Street in Carson. The property is currently vacant and offers an opportunity for an owner-user or investor. It features street visibility, dedicated parking, and flexible commercial zoning suitable for a variety of retail, office, or service-oriented uses. The location provides access to the South Bay, Long Beach, and the greater Los Angeles metro area via the 405, 110, and 710 freeways. The site is surrounded by a mix of national retailers, industrial businesses, and residential neighborhoods, benefiting from daytime traffic and a growing population base.
Key Highlights
- Freestanding 975 sq ft retail building on South Alameda Street for $465,000
- Excellent street visibility and dedicated parking
- Vacant, offering opportunity for owner‑user or investor to reposition
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
$21,571
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
4.64%
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%
$431,420
$431.4K
Cap Rate 7%
$308,157
$308.2K
Cap Rate 9%
$239,678
$239.7K
Market Conditions
NOI Build-Up for 975 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
$33.0K $33.84/SF
− Vacancy
−$2.2K −$2.23/SF
EGI
$30.8K $31.61/SF
− OpEx
−$9.2K −$9.48/SF
NOI
$21.6K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
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%
$431,420
Cap Rate 7%
$308,157
Cap Rate 9%
$239,678
Alternative Uses
Best Use
Retail
$308.2K
$269.6K – $359.5K
NOI $21,571 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$522.0K
$456.8K – $609.0K
NOI $36,541 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90810, CA
38,529
Population
10,294
Households
3.7
Avg Household Size
37
Median Age
21%
College-Educated
76%
High-School Grad
6.5 sq mi
ZIP Area
5,928
Density / Sq Mi
$82,222
Median Household Income
$39,397
Median Earnings
$1,554
Median Rent
$594,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - 975 SF retail building in Carson with parking.
Where is this storefront property located?
The property is located at 21412 Alameda St Carson, CA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Freestanding 975 sq ft retail building on South Alameda Street for $465,000; Excellent street visibility and dedicated parking; Vacant, offering opportunity for owner‑user or investor to reposition
