Light-Industrial Flex Building with
For Sale
$899,000
2109 W Gaylord Street, Long Beach, CA 90813
Commercial Sale, Long Beach, CA
Property Size3,960 SF
Lot Size0.15 Acres
Price / SF$227.02
Days on Market207
Property Features for 2109 W Gaylord Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LBIG
Directions
Proximity to the 710 and PCH exit.
Subdivision
11 - Westside
Special listing conditions
Probate Listing
Standard status
Active
APN
7429022025
Lot size
0.15 Acres
Building Details
Year built
1956
Listing Agency:
Synergy Real Estate · Realty ONE Group
(562) 696-6515
Listed By:
Pedro Camalich · License #01912729
(562) 696-6515
Added: Jan 28
Changed: Aug 19
Last Checked: Aug 23 at 9:06AM
MLS# PW26021836
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This light-industrial flex property includes a 3,960 SF building situated on a 6,486 SF lot. The layout provides office space alongside practical areas suited for storage and day-to-day operations, supported by a spacious yard for equipment, materials, and staging. Off-street parking is also included to support staff and customer access.
The property is located at 2109 W Gaylord Street in Long Beach, California 90813, within zoning LBIG. It is positioned near the 710 Freeway and Wilmington Blvd, providing convenient connectivity to major routes in the surrounding industrial corridor.
Designed for an owner-user, this building and yard combination can work well for businesses that need both functional workspace and outdoor room for ongoing operations. The presence of office space supports daily administration and customer-facing needs, while the storage-ready interior and flexible exterior yard can accommodate a range of light-industrial uses. Schedule a private showing to review the layout and confirm fit for your operating requirements.
The property is located at 2109 W Gaylord Street in Long Beach, California 90813, within zoning LBIG. It is positioned near the 710 Freeway and Wilmington Blvd, providing convenient connectivity to major routes in the surrounding industrial corridor.
Designed for an owner-user, this building and yard combination can work well for businesses that need both functional workspace and outdoor room for ongoing operations. The presence of office space supports daily administration and customer-facing needs, while the storage-ready interior and flexible exterior yard can accommodate a range of light-industrial uses. Schedule a private showing to review the layout and confirm fit for your operating requirements.
Key Highlights
- Prime location near 710 Freeway and Wilmington Blvd, offering excellent connectivity.
- 3,960 SF building on a 6,486 SF lot, suitable for owner‑user.
- Spacious yard for equipment, materials, staging, or additional workspace.
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
$50,270
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
5.59%
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%
$1,005,400
$1.0M
Cap Rate 7%
$718,143
$718.1K
Cap Rate 9%
$558,556
$558.6K
Market Conditions
NOI Build-Up for 3,960 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
$83.2K $21.00/SF
− Vacancy
−$5.8K −$1.47/SF
EGI
$77.3K $19.53/SF
− OpEx
−$27.1K −$6.84/SF
NOI
$50.3K $12.69/SF
Area
ZIP 90813
Vacancy
7.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
35.00%
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%
$1,005,400
Cap Rate 7%
$718,143
Cap Rate 9%
$558,556
Alternative Uses
Best Use
Flex RnD
$718.1K
$628.4K – $837.8K
NOI $50,270 @ 7.0% cap · market cap 5.59%
Second Best
Industrial
$661.1K
$578.5K – $771.3K
NOI $46,277 @ 7.0% cap · market cap 5.15%
Theoretical Best
Multifamily LT 5
$1.30M
$1.14M – $1.52M
NOI $91,020 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
920
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
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.
Similar Off Market Nearby
- Mikhuna — 1370 W Gaylord St, Long Beach, CA 90813
Frequently Asked Questions
What type of property is this?
Flex space - For sale light-industrial property with office space, yard, and off-street parking near major Long Beach access routes.
Where is this flex space located?
The property is located at 2109 W Gaylord Street Long Beach, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime location near 710 Freeway and Wilmington Blvd, offering excellent connectivity.; 3,960 SF building on a 6,486 SF lot, suitable for owner‑user.; Spacious yard for equipment, materials, staging, or additional workspace.
