Freestanding Industrial Facility with Truck
For Sale
Contact for pricing
2121 South Wilmington Avenue, Compton, CA 90016
Concrete tilt-up facility built in 1981 featuring 22-foot clear height, five dock-high positions, and a 115-foot trucking bay.
Property Size53,982 SF
Price / SF$320
Days on Market54
Property Features for 2121 South Wilmington Avenue
General Information
Standard status
Active
Size
53,982 SF
Property subtype
Industrial
Zoning
Heavy Manufacturing
Investment Type
Owner/User
Warehouse & Industrial
Clear Height
22 ft
Dock-High Doors
5
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1981
Tenancy
Single
Listing Agency:
Centennial Advisers
(714) 231-2537
Listed By:
Edan Shalom · License #CA BR02033047
Source:
Crexi
Added: Jul 9
Changed: Aug 17
Last Checked: Aug 29 at 11:28PM
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 Centennial Advisers
Investment Insights
Based on property information with market context.
Freestanding heavy industrial facility built in 1981 with concrete tilt-up construction and 22-foot clear heights. The building includes five dock-high loading positions and a 115-foot trucking bay designed to support efficient vehicle maneuvering and loading operations. Low site coverage of 48.6% helps preserve outdoor space, and the property is described as a heavy-power asset suitable for a range of manufacturing and logistics uses.
The property is located at 2121 South Wilmington Avenue in Compton, positioned about 0.6 miles from SR-91 and 1.8 miles from I-710 for regional freeway access. It is also identified as a “Green Zone” facility and is approximately 10.7 miles from the Ports of Los Angeles and Long Beach, supporting drayage-style operations.
Zoned for Heavy Manufacturing, the site is offered as an owner-user or investment opportunity for production and distribution activities that may require heavier industrial functionality and yard space.
The property is located at 2121 South Wilmington Avenue in Compton, positioned about 0.6 miles from SR-91 and 1.8 miles from I-710 for regional freeway access. It is also identified as a “Green Zone” facility and is approximately 10.7 miles from the Ports of Los Angeles and Long Beach, supporting drayage-style operations.
Zoned for Heavy Manufacturing, the site is offered as an owner-user or investment opportunity for production and distribution activities that may require heavier industrial functionality and yard space.
Key Highlights
- 53,980 SF freestanding concrete tilt‑up industrial facility built in 1981
- 22‑foot clear height plus a 115‑foot trucking bay for maneuverability
- Five dock‑high loading positions
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
$702,410
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
4.07%
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%
$14,048,200
$14.0M
Cap Rate 7%
$10,034,429
$10.0M
Cap Rate 9%
$7,804,556
$7.8M
Market Conditions
NOI Build-Up for 53,982 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
$868.0K $16.08/SF
− Vacancy
−$41.7K −$0.77/SF
EGI
$826.4K $15.31/SF
− OpEx
−$124.0K −$2.30/SF
NOI
$702.4K $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 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%
$14,048,200
Cap Rate 7%
$10,034,429
Cap Rate 9%
$7,804,556
Alternative Uses
Best Use
Warehouse
$10.03M
$8.78M – $11.71M
NOI $702,410 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$9.01M
$7.89M – $10.51M
NOI $630,838 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$28.90M
$25.29M – $33.72M
NOI $2,023,123 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
5
Dock-high doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Concrete tilt-up facility built in 1981 featuring 22-foot clear height, five dock-high positions, and a 115-foot trucking bay.
Where is this manufacturing property located?
The property is located at 2121 South Wilmington Avenue Compton, CA.
What is the asking price?
The asking price for this property is $17,274,240.
What are key features of this property?
This property features: 53,980 SF freestanding concrete tilt‑up industrial facility built in 1981; 22‑foot clear height plus a 115‑foot trucking bay for maneuverability; Five dock‑high loading positions
