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Free Standing Industrial Building
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15020 Desman Rd, La Mirada, CA 90638

Free standing industrial building with fire sprinklers, private fenced yard, and well-appointed office space.

Property Size15,360 SF
Price / SF$344.73
Days on Market49

Property Features for 15020 Desman Rd

General Information

Standard status Active
Size 15,360 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Sprinkler System Yes
Listing Agency: The McCabe Company
Listed By: Joel McCabe
Source: Moodyscre
Added: Jul 17 Changed: Aug 27 Last Checked: Sep 1 at 11:04PM

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 The McCabe Company

Investment Insights

Based on property information with market context.

This free standing industrial building is set in an attractive business park environment and includes well-appointed office space. The property features a private fenced yard and is equipped with fire sprinklers.

The building is described as having great freeway access, supporting efficient movement for day-to-day operations.

For sale, the offering includes a single, freestanding industrial structure designed to support both warehouse and office needs.

Key Highlights

  • Free‑standing industrial building in a business park setting
  • Fire sprinkler system in the building
  • Well‑appointed office space

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
$179,498
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
3.39%
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%
$3,589,960 $3.6M
Cap Rate 7%
$2,564,257 $2.6M
Cap Rate 9%
$1,994,422 $2.0M
Market Conditions
NOI Build-Up for 15,360 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
$272.8K $17.76/SF
− Vacancy
−$16.4K −$1.07/SF
EGI
$256.4K $16.69/SF
− OpEx
−$76.9K −$5.01/SF
NOI
$179.5K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /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%
$3,589,960
Cap Rate 7%
$2,564,257
Cap Rate 9%
$1,994,422

Alternative Uses

Best Use
Industrial
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,498 @ 7.0% cap · market cap 3.39%
Second Best
Flex RnD
$1.96M
$1.71M – $2.29M (±1% cap)
NOI $137,125 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$8.22M
$7.20M – $9.59M (±1% cap)
NOI $575,658 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Proj Products Big Box & Wholesale Store Proje Premium Car ... Car Wash

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90638, CA

46,967
Population
15,459
Households
3
Avg Household Size
43
Median Age
40%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
6,100
Density / Sq Mi
$110,606
Median Household Income
$54,235
Median Earnings
$2,052
Median Rent
$765,100
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Free standing industrial building with fire sprinklers, private fenced yard, and well-appointed office space.
Where is this flex space located?
The property is located at 15020 Desman Rd La Mirada, CA.
What is the asking price?
The asking price for this property is $5,295,000.
What are key features of this property?
This property features: Free‑standing industrial building in a business park setting; Fire sprinkler system in the building; Well‑appointed office space
(562) 926-3400 Call to check price and availability
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