Truck Terminal with Office
For Sale
$10,395,000
2880 Norton, Lynwood, CA 90262
Trucking yard with remodeled offices, kitchen areas, conference rooms, storage garages, and maintenance stalls.
Property Size19,900 SF
Lot Size2.00 Acres
Price / SF$522.36
Days on Market47
Property Features for 2880 Norton
General Information
Standard status
Active
Size
19,900 SF
Lot size
2.00 Acres
Additional Details
Outdoor Storage
Yes
Amenities
kitchens
conference rooms
storage garages
maintenance stalls
Building Details
Year Built
1953
Listing Agency:
Wallstreet Realty
Listed By:
Arthur Hernandez · License #01840044
(562) 662-5979
Source:
Myfabuloushome
Added: Sep 6
Changed: Oct 4
Last Checked: Oct 7 at 2:03PM
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 Wallstreet Realty
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Investment Insights
Based on property information with market context.
This truck terminal property includes a 2-acre yard currently zoned and permitted for trucking parking. The improvements feature fully remodeled private and general office areas, along with kitchens and conference rooms for administrative and operational functions.
Additional site improvements include storage garages and maintenance stalls. The property was built in 1953 and is located at 2880 Norton in Lynwood, California.
Additional site improvements include storage garages and maintenance stalls. The property was built in 1953 and is located at 2880 Norton in Lynwood, California.
Key Highlights
- 2‑acre trucking yard
- Currently zoned and permitted for trucking parking
- Fully remodeled private and general offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$434,998
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,699,960
$8.7M
Cap Rate 7%
$6,214,257
$6.2M
Cap Rate 9%
$4,833,311
$4.8M
Market Conditions
NOI Build-Up for 19,900 SF
Gross rent
$764.2K $38.40/SF
− Vacancy
−$184.2K −$9.25/SF
EGI
$580.0K $29.15/SF
− OpEx
−$145.0K −$7.29/SF
NOI
$435.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,699,960
Cap Rate 7%
$6,214,257
Cap Rate 9%
$4,833,311
Alternative Uses
Best Use
Office B
$6.21M
$5.44M – $7.25M
NOI $434,998 @ 7.0% cap · market cap 4.18%
Second Best
Warehouse
$3.70M
$3.24M – $4.32M
NOI $258,938 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$10.65M
$9.32M – $12.43M
NOI $745,807 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,469
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Truck terminal - Trucking yard with remodeled offices, kitchen areas, conference rooms, storage garages, and maintenance stalls.
Where is this truck terminal located?
The property is located at 2880 Norton Lynwood, CA.
What is the asking price?
The asking price for this property is $10,395,000.
What are key features of this property?
This property features: 2‑acre trucking yard; Currently zoned and permitted for trucking parking; Fully remodeled private and general offices
