Industrial Warehouse with Fenced
For Sale
Contact for pricing
16222 Phoebe Ave, La Mirada, CA 90638
Warehouse includes a large fenced, paved yard with trailer parking and rail capability, plus racking and heavy power.
Property Size137,700 SF
Price / SF$295
Days on Market55
Property Features for 16222 Phoebe Ave
General Information
Standard status
Active
Size
137,700 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Heavy Power
Yes
Amenities
Close Proximity to 5, 91 & 605 Freeways
Large Fenced & Paved Yard with Trailer Parking
Rail Capability
Racking
Listing Agency:
Lee & Associates
(714) 624-6959
Listed By:
Jake Arellano · License #00854279
(714) 624-6959
Source:
Moodyscre
Added: Jun 10
Changed: Jul 27
Last Checked: Jul 27 at 8:56PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This industrial warehouse offers divisible space options of approximately 41,250 SF and 96,450 SF. The facility is supported by heavy power, includes racking, and features rail capability, providing flexibility for material handling and storage operations.
The property also includes a large fenced and paved yard with trailer parking. It is described as being in close proximity to the 5, 91, and 605 freeways, supporting access for inbound and outbound logistics.
The combination of warehouse infrastructure (including racking and rail capability) and exterior trailer-ready yard space supports a range of distribution and warehouse uses requiring heavy power and outdoor throughput.
The property also includes a large fenced and paved yard with trailer parking. It is described as being in close proximity to the 5, 91, and 605 freeways, supporting access for inbound and outbound logistics.
The combination of warehouse infrastructure (including racking and rail capability) and exterior trailer-ready yard space supports a range of distribution and warehouse uses requiring heavy power and outdoor throughput.
Key Highlights
- Divisible warehouse space up to 141,250 SF and 96,450 SF
- Heavy power available
- Large fenced and paved yard with trailer parking
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.21M | $16.08 |
| − Vacancy | −$106.3k | −$0.77 |
| EGI | $2.11M | $15.31 |
| − OpEx | −$316.2k | −$2.30 |
| NOI | $1.79M | $13.01 |
137,700 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$25.60M
$22.40M – $29.86M
NOI $1,791,744 @ 7.0% cap · market cap 4.41%
Second Best
Industrial
$22.99M
$20.11M – $26.82M
NOI $1,609,173 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$73.72M
$64.51M – $86.01M
NOI $5,160,683 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Distribution center - Warehouse includes a large fenced, paved yard with trailer parking and rail capability, plus racking and heavy power.
Where is this distribution center located?
The property is located at 16222 Phoebe Ave La Mirada, CA.
What is the asking price?
The asking price for this property is $40,621,500.
What are key features of this property?
This property features: Divisible warehouse space up to 141,250 SF and 96,450 SF; Heavy power available; Large fenced and paved yard with trailer parking
