Warehouse with Dock
For Sale
Contact for pricing
15501 Heron Ave, La Mirada, CA 90638
A generous yard accompanies the dock-equipped warehouse for freight and distribution operations.
Property Size17,750 SF
Price / SF$350.51
Days on Market9
Property Features for 15501 Heron Ave
General Information
Standard status
Active
Size
17,750 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Cap Rate
4.85%
Dock-High Doors
6
Listing Agency:
The McCabe Company
Listed By:
Joel McCabe
(562) 926-3400
Source:
Moodyscre
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 9 at 7:15PM
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 17,750-square-foot warehouse includes six dock-high positions and an extra-large yard, providing dedicated loading capacity and outdoor space for property operations.
The property is in La Mirada, California, with freeway access noted in the listing details.
The property is in La Mirada, California, with freeway access noted in the listing details.
Key Highlights
- 17,750‑square‑foot warehouse
- Six dock‑high loading positions
- Extra‑large yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,962
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,619,240
$4.6M
Cap Rate 7%
$3,299,457
$3.3M
Cap Rate 9%
$2,566,244
$2.6M
Market Conditions
NOI Build-Up for 17,750 SF
Gross rent
$285.4K $16.08/SF
− Vacancy
−$13.7K −$0.77/SF
EGI
$271.7K $15.31/SF
− OpEx
−$40.8K −$2.30/SF
NOI
$231.0K $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 Rate 5%
$4,619,240
Cap Rate 7%
$3,299,457
Cap Rate 9%
$2,566,244
Alternative Uses
Best Use
Warehouse
$3.30M
$2.89M – $3.85M
NOI $230,962 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.50M
$8.32M – $11.09M
NOI $665,230 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
6
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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 - A generous yard accompanies the dock-equipped warehouse for freight and distribution operations.
Where is this warehouse located?
The property is located at 15501 Heron Ave La Mirada, CA.
What is the asking price?
The asking price for this property is $6,221,500.
What are key features of this property?
This property features: 17,750‑square‑foot warehouse; Six dock‑high loading positions; Extra‑large yard
