Warehouse With Covered
2911 Norton Ave, Lynwood, CA 90252
For Sale
Contact for pricing
Warehouse featuring a covered yard and multiple access points, supported by heavy power.
Property Size35,000 SF
Days on Market125
Property Features for 2911 Norton Ave
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Heavy Power
Building Details
Building Size
Listing Agency:
Lee & Associates - Los Angeles - Downtown
Listed By:
Jack Cline · License #CalDRE #00854279
(213) 590-3512
Source:
Lee-associates
Added: Jul 8
Changed: Nov 1
Last Checked: Nov 8 at 3:52AM
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 - Downtown
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Investment Insights
Based on property information with market context.
This warehouse includes a covered yard designed to support flexible industrial use, with multiple access points for more efficient site flow. The property also notes heavy power availability to accommodate higher-demand operations.
Located at 2911 Norton Ave in Lynwood, California, the property is described as having flexible Lynwood industrial zoning, which may broaden the range of feasible uses. The listing also highlights a “good land basis” for buyers evaluating the property from a land-value perspective.
Overall, the asset’s primary physical emphasis is the covered yard configuration and practical connectivity via multiple access points.
Located at 2911 Norton Ave in Lynwood, California, the property is described as having flexible Lynwood industrial zoning, which may broaden the range of feasible uses. The listing also highlights a “good land basis” for buyers evaluating the property from a land-value perspective.
Overall, the asset’s primary physical emphasis is the covered yard configuration and practical connectivity via multiple access points.
Key Highlights
- Warehouse with a covered yard
- Multiple access points for easier loading and operations
- Heavy power available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$455,418
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,108,360
$9.1M
Cap Rate 7%
$6,505,971
$6.5M
Cap Rate 9%
$5,060,200
$5.1M
Market Conditions
NOI Build-Up for 35,000 SF
Gross rent
$562.8K $16.08/SF
− Vacancy
−$27.0K −$0.77/SF
EGI
$535.8K $15.31/SF
− OpEx
−$80.4K −$2.30/SF
NOI
$455.4K $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 Rate 5%
$9,108,360
Cap Rate 7%
$6,505,971
Cap Rate 9%
$5,060,200
Alternative Uses
Best Use
Warehouse
$6.51M
$5.69M – $7.59M
NOI $455,418 @ 7.0% cap · market cap 281,122.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.74M
$16.40M – $21.86M
NOI $1,311,720 @ 7.0% cap · market cap 809,703.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,516
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Los Angeles County, CA
Properties on Market for Warehouses in Los Angeles County
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse featuring a covered yard and multiple access points, supported by heavy power.
Where is this warehouse located?
The property is located at 2911 Norton Ave Lynwood, CA.
What are key features of this property?
This property features: Warehouse with a covered yard; Multiple access points for easier loading and operations; Heavy power available
