Industrial Buildings with
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1515 S Santa Fe Ave & 615 E Greenleaf Blvd, Compton, CA
Two industrial buildings with a fenced and paved yard.
Property Size46,191 SF
Lot Size2.02 Acres
Price / SF$258.49
Days on Market319
Property Features for 1515 S Santa Fe Ave & 615 E Greenleaf Blvd
General Information
Standard status
Active
Size
46,191 SF
Lot size
2.02 Acres
Property subtype
INDUSTRIAL
Listing Agency:
The Klabin Company
(310) 329-9000
Listed By:
David Prior · License #00707919
(310) 329-9000
Source:
Moodyscre
Added: Oct 17, 2025
Changed: Aug 16
Last Checked: Aug 30 at 4:16PM
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 Klabin Company
Investment Insights
Based on property information with market context.
This property features two buildings suitable for manufacturing, industrial, or warehouse use. One building is constructed of concrete and measures 24,759 square feet, while the other is a metal building with 21,432 square feet. The property includes a fenced and paved yard. The electrical capacity is 2000 amps. The property is located just north of the 91 Freeway.
Key Highlights
- 24,759 SF Concrete Building offers a solid foundation.
- 21,432 SF Metal Building provides additional space.
- Benefit from a Fenced and Paved Yard.
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
$601,034
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
5.03%
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%
$12,020,680
$12.0M
Cap Rate 7%
$8,586,200
$8.6M
Cap Rate 9%
$6,678,156
$6.7M
Market Conditions
NOI Build-Up for 46,191 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
$742.8K $16.08/SF
− Vacancy
−$35.7K −$0.77/SF
EGI
$707.1K $15.31/SF
− OpEx
−$106.1K −$2.30/SF
NOI
$601.0K $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 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%
$12,020,680
Cap Rate 7%
$8,586,200
Cap Rate 9%
$6,678,156
Alternative Uses
Best Use
Warehouse
$8.59M
$7.51M – $10.02M
NOI $601,034 @ 7.0% cap · market cap 5.03%
Second Best
Industrial
$7.71M
$6.75M – $9.00M
NOI $539,792 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$24.73M
$21.64M – $28.85M
NOI $1,731,134 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Two industrial buildings with a fenced and paved yard.
Where is this manufacturing property located?
The property is located at 1515 S Santa Fe Ave & 615 E Greenleaf Blvd Compton, CA.
What is the asking price?
The asking price for this property is $11,940,075.
What are key features of this property?
This property features: 24,759 SF Concrete Building offers a solid foundation.; 21,432 SF Metal Building provides additional space.; Benefit from a Fenced and Paved Yard.
