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

    15201 Prairie Ave Lawndale, CA 90260

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,050,000

    Single-tenant industrial property in Lawndale with flexible space.

    Property size:
    3,150 SF
    Lot size:
    5,779.00 Acres

    Property Features for 15201 Prairie Ave

    General Information

    Standard status
    Active
    Zoning
    LT IND
    Size
    3,150 SF
    Lot size
    5,779.00 Acres

    Building Details

    Year built
    1975

    We can help!

    Listing Contact
    Brett Lyon
    Source: Crexi

    Listing Agency: Lyon Stahl Investment Real Estate Listing Agent: Brett Lyon

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

    Learn more

    Overview

    Lawndale Industrial Property For Sale

    The property at 15201 Prairie Avenue is a single-tenant industrial property located in Lawndale, along the Prairie Avenue corridor in the South Bay. The property includes approximately 3,150 rentable square feet on a 5,779 square foot lot. It is zoned Light Industrial, suitable for various industrial, warehouse, and service-oriented uses. The building features one grade-level garage opening with an approximate 8.5-foot clear height. The space is partitioned into warehouse and storage/garage space on one side and a dedicated office/reception area on the other, providing operational flexibility. This property presents an opportunity for an owner-user to acquire a centrally located facility with immediate occupancy. Market rents are projected at approximately $2.50 per square foot.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    A1 CATERING, Sarah.kitchen

    Location Insight

    • Map
    • Local Demand
    City
    Lawndale
    County
    Los Angeles
    State
    California
    Longitude
    -118.3441889
    Latitude
    33.8934253

    Nearby Similar for Sale

    • $2,399,000
      1,104 SF

      Lawndale Commercial Corner Lot

      Corner lot in Lawndale, CA, ideal for future development.
      16301 W Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $2,750,000
      5,509 SF

      Lawndale Mixed-Use Investment Opportunity

      Signalized corner location with multiple tenants near beach cities.
      4610 Manhattan Beach Blvd, Lawndale, CA 90260
      View Details
    • $1,149,000
      2,299 SF

      Lawndale Multifamily Opportunity

      Two detached homes on one lot in South Lawndale.
      4449 W 163Rd St, Lawndale, CA 90260
      View Details
    • $1,100,000
      661 SF

      Lawndale Commercial Corner Lot

      Commercial corner lot in Lawndale, bordering Redondo and Torrance.
      17025 Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $1,149,000
      2,015 SF

      Lawndale Duplex with Remodeled Units

      Duplex in Lawndale featuring remodeled units and solid income.
      4119 W 162Nd St, Lawndale, CA 90260
      View Details
    • $2,750,000

      Mixed-Use Property Near Beach

      Mixed-use property with restaurant, apartments, and commercial space near beach.
      4610 Manhattan Beach Blvd, Lawndale, CA 90260
      View Details
    • $1,299,000

      South Bay Triplex Investment Opportunity

      Three-unit property in Lawndale with strong rental income potential.
      4307 Manhattan Beach Blvd, Lawndale, CA 90260
      View Details
    • $2,399,000
      1,104 SF

      Lawndale Corner Lot Opportunity

      Corner lot near 405 freeway, ideal for redevelopment.
      16301 W Hawthorne Blvd, Lawndale, CA 90260
      View Details
    • $899,000

      Lawndale Specialty Property for Sale

      Specialty property available in Lawndale, California.
      14522 Avis Ave, Lawndale, CA 90260
      View Details
    • $1,148,000

      Lawndale Duplex with Income Potential

      Spacious duplex in Lawndale with strong income and appreciation potential.
      4451 W 161St St, Lawndale, CA 90260
      View Details
    • Contact for pricing
      10,000 SF

      Lawndale Warehouse/Creative Office/Flex Space

      10,000 SF building with on-site parking in Lawndale.
      4337 W 147Th St, Lawndale, CA 90260
      View Details
    • Contact for pricing

      Retail Strip Center For Sale

      Retail strip center with repositioning opportunity in a prime location.
      Lawndale, CA 90260
      View Details

    FAQs

    What type of property is this?
    Flex space - Single-tenant industrial property in Lawndale with flexible space.
    Where is this flex space located?
    The property is located at 15201 Prairie Ave Lawndale, CA.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Immediate occupancy available for an owner-user.; - Located in the heart of the South Bay, along the highly trafficked Prairie Avenue corridor.; - Strong market fundamentals with projected rents of $2.50/sq ft.
    (310) 425-9838
    Request Owner's contact information
    15201 Prairie Ave Lawndale, CA 90260
    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.
    15201 Prairie Ave
    Lawndale, CA 90260
    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
    15201 Prairie Ave Lawndale, CA 90260
    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
    Brett Lyon
    Real Estate License ID: 01717818
    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!