Multi-Structure Warehouse
For Sale
Contact for pricing
2800-2826 Norton Ave, Lynwood, CA 90262
For sale with multiple warehouse structures, offered at land value with the option to utilize or demolish.
Property Size14,000 SF
Price / SF$217.46
Days on Market56
Property Features for 2800-2826 Norton Ave
General Information
Standard status
Active
Size
14,000 SF
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(323) 767-2092
Listed By:
Jeffrey Hubbard
(323) 864-5555
Source:
Moodyscre
Added: Jul 8
Changed: Aug 15
Last Checked: Aug 31 at 12:27AM
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 offering presents a multi-structure warehouse development opportunity with several usable buildings on the site. The structures may be utilized as-is or demolished, depending on the buyer’s redevelopment plan.
The property is listed for sale as a land-value opportunity and is also described as available with an adjacent parcel for added flexibility.
At 2800-2826 Norton Ave, Lynwood, CA 90262, the site is approximately 14,000 square feet, providing a compact footprint for redevelopment or reuse of existing warehouse improvements.
The property is listed for sale as a land-value opportunity and is also described as available with an adjacent parcel for added flexibility.
At 2800-2826 Norton Ave, Lynwood, CA 90262, the site is approximately 14,000 square feet, providing a compact footprint for redevelopment or reuse of existing warehouse improvements.
Key Highlights
- Owner/user development opportunity with multiple useful warehouse structures
- Structures can be utilized or demolished
- Priced at land value
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
$182,167
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
5.98%
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%
$3,643,340
$3.6M
Cap Rate 7%
$2,602,386
$2.6M
Cap Rate 9%
$2,024,078
$2.0M
Market Conditions
NOI Build-Up for 14,000 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
$225.1K $16.08/SF
− Vacancy
−$10.8K −$0.77/SF
EGI
$214.3K $15.31/SF
− OpEx
−$32.1K −$2.30/SF
NOI
$182.2K $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%
$3,643,340
Cap Rate 7%
$2,602,386
Cap Rate 9%
$2,024,078
Alternative Uses
Best Use
Warehouse
$2.60M
$2.28M – $3.04M
NOI $182,167 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.50M
$6.56M – $8.74M
NOI $524,688 @ 7.0% cap · market cap 17.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,304
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90262, CA
67,099
Population
15,497
Households
4.3
Avg Household Size
32
Median Age
10%
College-Educated
58%
High-School Grad
4.8 sq mi
ZIP Area
13,979
Density / Sq Mi
$70,507
Median Household Income
$32,870
Median Earnings
$1,625
Median Rent
$569,400
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?
Warehouse - For sale with multiple warehouse structures, offered at land value with the option to utilize or demolish.
Where is this warehouse located?
The property is located at 2800-2826 Norton Ave Lynwood, CA.
What is the asking price?
The asking price for this property is $3,044,440.
What are key features of this property?
This property features: Owner/user development opportunity with multiple useful warehouse structures; Structures can be utilized or demolished; Priced at land value
