Commerce Warehouse with Dock
2060 Garfield Ave, Commerce, CA 90040
For Sale
Contact for pricing
Freestanding warehouse with dock high positions and office layout.
Property Size24,500 SF
Price / SF$278
Days on Market478
Property Features for 2060 Garfield Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Listing Agency:
CBRE - South Bay
Listed By:
Cameron Merrill · License CA #01392623
(310) 363-4799
Source:
Crexi
Added: Jul 25, 2025
Changed: Nov 7
Last Checked: Nov 14 at 2:31AM
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 CBRE - South Bay
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Investment Insights
Based on property information with market context.
This commercial real estate offering features a freestanding warehouse with major street identity. The property includes four dock-high positions and a bullpen office layout. It is equipped with 1200 amps of power. The building spans approximately 24,500 square feet and includes a paved yard. The layout incorporates three private offices and four pit levelers.
Key Highlights
- Four Dock High Positions for efficient loading/unloading
- 1200 Amps Power suitable for heavy machinery or equipment
- Free Standing Building offering independence and control
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$318,792
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,375,840
$6.4M
Cap Rate 7%
$4,554,171
$4.6M
Cap Rate 9%
$3,542,133
$3.5M
Market Conditions
NOI Build-Up for 24,500 SF
Gross rent
$394.0K $16.08/SF
− Vacancy
−$18.9K −$0.77/SF
EGI
$375.0K $15.31/SF
− OpEx
−$56.3K −$2.30/SF
NOI
$318.8K $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%
$6,375,840
Cap Rate 7%
$4,554,171
Cap Rate 9%
$3,542,133
Alternative Uses
Best Use
Warehouse
$4.55M
$3.98M – $5.31M
NOI $318,792 @ 7.0% cap · market cap 4.68%
Second Best
Industrial
$4.09M
$3.58M – $4.77M
NOI $286,309 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$13.12M
$11.48M – $15.30M
NOI $918,204 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90040, CA
12,089
Population
3,376
Households
3.6
Avg Household Size
36
Median Age
12%
College-Educated
65%
High-School Grad
5.6 sq mi
ZIP Area
2,159
Density / Sq Mi
$70,909
Median Household Income
$37,924
Median Earnings
$1,390
Median Rent
$576,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Commerce
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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- Offstage Storage — 2301 S Tubeway Ave, Commerce, CA 90040
- Api Kirk Containers — Flotilla St, Commerce, CA 90040
- DJ's Towing LLC — 1553 W Olympic Blvd, Montebello, CA 90640
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse with dock high positions and office layout.
Where is this warehouse located?
The property is located at 2060 Garfield Ave Commerce, CA.
What is the asking price?
The asking price for this property is $6,811,000.
What are key features of this property?
This property features: Four Dock High Positions for efficient loading/unloading; 1200 Amps Power suitable for heavy machinery or equipment; Free Standing Building offering independence and control
