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Vernon Warehouse with Fenced Yard
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3301 Leonis Blvd, Vernon, CA

42,350 SF warehouse with large yard and easy freeway access.

Property Size42,350 SF
Lot Size1.43 Acres
Price / SF$259.74
Days on Market320

Property Features for 3301 Leonis Blvd

General Information

Standard status Active
Size 42,350 SF
Lot size 1.43 Acres
Property subtype INDUSTRIAL
Lease Type Gross

Properties For Sale

at 3301 Leonis Blvd
3301 Leonis Blvd AVAILABLE, Now
Size 42,350 SF
Type INDUSTRIAL
Lease Type GROSS
Sublease No
High Visibility Corner Location | Large Fenced Yard 6 Dock High Positions | 1 Ground Level Door 16' Clearance | 2,232 SF Office | Fully Sprinkled 1000 Amps | 42 Parking Stalls (Estimated) Easy Access to (710), (5), (60), (101), & (10) Freeways
Contact us
Listing Agency: Newmark - Los Angeles - South Bay
Listed By: Jeff Sanita · License #01242202
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 29 Last Checked: Oct 7 at 3:40PM

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 Newmark - Los Angeles - South Bay

Investment Insights

Based on property information with market context.

This 42,350 square foot warehouse property is located at a high visibility corner location. The property features a large fenced yard and includes six dock high positions and one ground level door. The interior provides 16 feet of clearance and 2,232 square feet of office space. The building is fully sprinkled and has 1000 amps of power. There are an estimated 42 parking stalls available. The property offers convenient access to the 710, 5, 60, 101, and 10 freeways. This property is suitable for warehouse, industrial, and distribution purposes.

Key Highlights

  • High Visibility Corner Location
  • Easy Access to (710), (5), (60), (101), & (10) Freeways
  • Features 6 Dock High Positions

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$551,055
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,021,100 $11.0M
Cap Rate 7%
$7,872,214 $7.9M
Cap Rate 9%
$6,122,833 $6.1M
Market Conditions
NOI Build-Up for 42,350 SF
Gross rent
$681.0K $16.08/SF
− Vacancy
−$32.7K −$0.77/SF
EGI
$648.3K $15.31/SF
− OpEx
−$97.2K −$2.30/SF
NOI
$551.1K $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%
$11,021,100
Cap Rate 7%
$7,872,214
Cap Rate 9%
$6,122,833

Alternative Uses

Best Use
Warehouse
$7.87M
$6.89M – $9.18M (±1% cap)
NOI $551,055 @ 7.0% cap · market cap 5.01%
Second Best
Industrial
$7.07M
$6.19M – $8.25M (±1% cap)
NOI $494,905 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$22.67M
$19.84M – $26.45M (±1% cap)
NOI $1,587,182 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Pharmacy Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,234
Businesses Nearby
Well-served
Demand for This Use
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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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  • Recall — 2357 E 49th St, Vernon, CA 90058
  • Consolidated Cold Storage — 2885 E 50th St, Vernon, CA 90058

Frequently Asked Questions

What type of property is this?
Warehouse - 42,350 SF warehouse with large yard and easy freeway access.
Where is this warehouse located?
The property is located at 3301 Leonis Blvd Vernon, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: High Visibility Corner Location; Easy Access to (710), (5), (60), (101), & (10) Freeways; Features 6 Dock High Positions
(310) 491-2003 Call to check price and availability
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