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

    13820-13824 Shoemaker Ave Norwalk, CA 90650

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Multi-tenant industrial property with yard and signage potential.

    Property size:
    7,781 SF
    Lot size:
    0.37 Acres

    Property Features for 13820-13824 Shoemaker Ave

    General Information

    Standard status
    Active
    Zoning
    SSM2-P*
    Size
    7,781 SF
    Lot size
    0.37 Acres

    Building Details

    Year built
    1974

    We can help!

    Listing Contact
    Troy Wooton
    Troy Wooton
    Source: Crexi

    Listing Agency: Newmark | Orange County - Irvine Listing Agent: Troy Wooton

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

    Learn more

    Overview

    Industrial Asset with Yard

    This one-story, multi-tenant industrial asset on Shoemaker Avenue presents a rare opportunity. The property features a yard and signage potential. It is located in Norwalk, part of the Gateway Cities of Southeast Los Angeles County, an area known for its strategic transport links. The property has short-term leases in place. An owner-user can occupy one or more units with in-place cash flow. Alternatively, an investor can reset rents to market and benefit from an easy-to-manage, three-tenant income stream. The property has a size of 7781 square feet.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Los Angeles
    State
    California
    Longitude
    -118.0549658
    Latitude
    33.9053742

    Nearby Similar for Sale

    • $1,799,000
      5,500 SF

      Restaurant Investment Property For Sale

      Income-producing restaurant property with additional leased buildings in Norwalk.
      13226 Rosecrans Ave, Norwalk, CA 90650
      View Details
    • $325,000
      669 SF

      Updated Office Condo in Norwalk

      Office condo in Norwalk, suitable for owner-user or investment.
      12749 Norwalk Blvd, Norwalk, CA 90650
      View Details
    • $4,000,000
      900 SF

      Norwalk Gas Station Opportunity

      Gas station property in prime Norwalk location near freeways.
      15604 Pioneer Blvd, Norwalk, CA 90650
      View Details
    • $900,000

      Norwalk Commercial Building on Rosecrans

      2,212 SF commercial building with income and growth potential.
      12013 Rosecrans Ave, Norwalk, CA 90650
      View Details
    • $100,000

      Established Supermarket on Busy Street

      Well-established supermarket with high visibility and growth potential.
      12527 Alondra Blvd, Norwalk, CA 90650
      View Details
    • Contact for pricing

      Retail Asset on Imperial Highway

      Multi-tenant retail property with established tenants in Norwalk, California.
      11610 Imperial Hwy, Norwalk, CA 90650
      View Details
    • $339,000

      Norwalk Specialty Property For Sale

      Specialty property available for purchase in Norwalk, California.
      14027 Bayside Dr, Norwalk, CA 90650
      View Details
    • $1,795,000

      Norwalk Mixed-Use Investment Opportunity

      Mixed-use property in a densely populated area with high traffic.
      14000 Pioneer Blvd, Norwalk, CA 90650
      View Details
    • $4,034,000
      5,800 SF

      Norwalk Retail Investment Opportunity

      Multi-tenant retail property with established tenants and upside potential.
      11610 Imperial Hwy, Norwalk, CA 90650
      View Details
    • $699,000
      1,100 SF

      Norwalk Office Space - Great Location

      Prime Office/Retail, High Visibility, 1100 sq ft
      11508 Rosecrans Ave, Norwalk, CA 90650
      View Details
    • Contact for pricing
      20,004 SF

      Freestanding Leased Investment Opportunity

      Freestanding building in Norwalk, CA, 100% leased with fenced yard.
      15503 Blackburn Ave, Norwalk, CA 90650
      View Details
    • $1,188,000
      2,884 SF

      Mixed-Use Norwalk Investment Opportunity

      High-yield retail & residential complex in prime location.
      11979 Firestone Blvd, Norwalk, CA 90650
      View Details

    FAQs

    What type of property is this?
    Industrial property - Multi-tenant industrial property with yard and signage potential.
    Where is this industrial property located?
    The property is located at 13820-13824 Shoemaker Ave Norwalk, CA.
    What are key features of this property?
    This property features: - Rare one-story, multi-tenant industrial asset with yard.; - Signage potential for increased visibility.; - Opportunity for owner-user to occupy units with existing cash flow.
    Request Owner's contact information
    13820-13824 Shoemaker Ave Norwalk, CA 90650
    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.
    13820-13824 Shoemaker Ave
    Norwalk, CA 90650
    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
    13820-13824 Shoemaker Ave Norwalk, CA 90650
    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
    Troy Wooton
    Troy Wooton
    Real Estate License ID: 01127621
    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!