Warehouse Development
For Sale
$2,905,602
2772 Norton Ave, Lynwood, CA 90262
For-sale warehouse property positioned as an owner-user development opportunity.
Property Size18,000 SF
Days on Market90
Property Features for 2772 Norton Ave
General Information
Standard status
Active
Size
18,000 SF
Property subtype
Industrial
Building Details
Building Size
18,000 SF
Year Built
1959
Listing Agency:
Lee & Associates
Listed By:
Garrett Hill
(323) 767-2092
Source:
Lee-associates
Added: Jul 10
Changed: Oct 7
Last Checked: Oct 7 at 10:10AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This for-sale warehouse property is being offered as an owner-user development opportunity. The asset is categorized for industrial use as a warehouse, with listing materials focused on redevelopment or development potential for an end user.
The property is located at 2772 Norton Ave in Lynwood, California. Interested parties can review the offering details through the listing broker to understand the existing warehouse configuration and the development direction contemplated for the site.
As presented, this is a warehouse-style commercial real estate asset suitable for buyers or tenants seeking a development-oriented path rather than a purely stabilized income asset.
The property is located at 2772 Norton Ave in Lynwood, California. Interested parties can review the offering details through the listing broker to understand the existing warehouse configuration and the development direction contemplated for the site.
As presented, this is a warehouse-style commercial real estate asset suitable for buyers or tenants seeking a development-oriented path rather than a purely stabilized income asset.
Key Highlights
- Warehouse property built in 1959
- Owner/user development opportunity (per listing remarks)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,215
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,684,300
$4.7M
Cap Rate 7%
$3,345,929
$3.3M
Cap Rate 9%
$2,602,389
$2.6M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$289.4K $16.08/SF
− Vacancy
−$13.9K −$0.77/SF
EGI
$275.5K $15.31/SF
− OpEx
−$41.3K −$2.30/SF
NOI
$234.2K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,684,300
Cap Rate 7%
$3,345,929
Cap Rate 9%
$2,602,389
Alternative Uses
Best Use
Warehouse
$3.35M
$2.93M – $3.90M
NOI $234,215 @ 7.0% cap · market cap 8.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.64M
$8.43M – $11.24M
NOI $674,599 @ 7.0% cap · market cap 23.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,304
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90262, CA
67,099
Population
15,497
Households
4.3
Avg Household Size
32
Median Age
10%
College-Educated
58%
High-School Grad
4.8 sq mi
ZIP Area
13,979
Density / Sq Mi
$70,507
Median Household Income
$32,870
Median Earnings
$1,625
Median Rent
$569,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - For-sale warehouse property positioned as an owner-user development opportunity.
Where is this warehouse located?
The property is located at 2772 Norton Ave Lynwood, CA.
What is the asking price?
The asking price for this property is $2,905,602.
What are key features of this property?
This property features: Warehouse property built in 1959; Owner/user development opportunity (per listing remarks)
