Industrial Flex
New
For Sale
$3,231,150
2712 Seaboard Ln, Long Beach, CA 90805
Established commercial building with a flexible layout for warehouse, storage, and light manufacturing uses.
Property Size9,942 SF
Price / SF$325
Days on Market1
Property Features for 2712 Seaboard Ln
General Information
Standard status
Active
Size
9,942 SF
Property subtype
Industrial
Building Details
Building Size
9,942 SF
Year Built
1981
Listing Agency:
Lee & Associates Los Angeles – Long Beach Inc.
Listed By:
Ryan Endres · License #CalDRE #01901652
(562) 972-3479
Source:
Lee-associates
Added: Sep 22
Last Checked: Sep 22 at 1:36PM
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 Los Angeles – Long Beach Inc.
Investment Insights
Based on property information with market context.
Located at 2712 Seaboard Ln in Long Beach, this flex-space property includes a 9,942-square-foot industrial building constructed in 1981. The building provides a practical commercial footprint for warehouse operations, storage, light manufacturing, or an owner-user configuration.
Its established construction and adaptable layout support multiple industrial functions within a straightforward facility. The property offers a defined building structure for users seeking flexible commercial space in Long Beach.
Its established construction and adaptable layout support multiple industrial functions within a straightforward facility. The property offers a defined building structure for users seeking flexible commercial space in Long Beach.
Key Highlights
- 9,942 SF industrial building
- Constructed in 1981
- Flex‑space configuration with an adaptable commercial layout
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
$141,079
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
4.37%
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%
$2,821,580
$2.8M
Cap Rate 7%
$2,015,414
$2.0M
Cap Rate 9%
$1,567,544
$1.6M
Market Conditions
NOI Build-Up for 9,942 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
$176.6K $17.76/SF
− Vacancy
−$10.6K −$1.07/SF
EGI
$166.0K $16.69/SF
− OpEx
−$24.9K −$2.50/SF
NOI
$141.1K $14.19/SF
Area
ZIP 90805
Vacancy
6.00%
Lease Rate
$17.76 /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%
$2,821,580
Cap Rate 7%
$2,015,414
Cap Rate 9%
$1,567,544
Alternative Uses
Best Use
Warehouse
$2.02M
$1.76M – $2.35M
NOI $141,079 @ 7.0% cap · market cap 4.37%
Second Best
Industrial
$1.66M
$1.45M – $1.94M
NOI $116,183 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$2.98M
$2.61M – $3.47M
NOI $208,448 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90805, CA
95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
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?
Flex space - Established commercial building with a flexible layout for warehouse, storage, and light manufacturing uses.
Where is this flex space located?
The property is located at 2712 Seaboard Ln Long Beach, CA.
What is the asking price?
The asking price for this property is $3,231,150.
What are key features of this property?
This property features: 9,942 SF industrial building; Constructed in 1981; Flex‑space configuration with an adaptable commercial layout
