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    Vernon Food Processing & Distribution Title is generated by Realmo AI

    3305 E Vernon Ave, Vernon, CA

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    103,633 SF food processing and distribution facility for sale.

    Type:INDUSTRIAL
    Property size:
    103,633 SF
    Lot size:
    3.12 Acres
    Price / SF:
    $236/SF
    Added:
    Oct 24, 2024
    Days on Market:
    605
    Last Refresh:
    May 20 at 8:55 pm

    Property Features for 3305 E Vernon Ave

    General Information

    Standard status
    Active
    Size
    103,633 SF
    Lot size
    3.12 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 3305 E Vernon Ave Contact us

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    Listing Contact
    C.J. Collins

    Listing agent C.J. Collins License #1069127

    Listing office Kidder Mathews

    Listing date Oct 24, 2024

    Source Moodyscre

    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 Kidder Mathews

    HighLights

    • USDA‑Food Processing Approved Facility
    • Equipped with Blast Freezer and Cooler
    • 9 Dock High Doors for Efficient Distribution
    • Fenced & Fully Secured Parking
    • Includes Cooking Hoods, Floor Drains, Clarifiers, and Boilers
    • Clear Height 14' - 28'

    Overview

    This 103,633 square foot facility is suitable for USDA-food processing, freezer, blast freezer, cooler, commissary, food preparation, and distribution. The property includes cooking hoods, floor drains, clarifiers, and boilers. It features fenced and fully secured parking and nine dock-high doors. The building also contains an 8-pallet lift and a heavy-duty freight elevator. Clear height ranges from 14 to 28 feet.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $1.67M $16.08
    − Vacancy −$80.0k −$0.77
    EGI $1.59M $15.31
    − OpEx −$238.0k −$2.30
    NOI $1.35M $13.01
    103,633 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $19.26M
    $16.86M – $22.47M (±1% cap)
    NOI $1,348,466 @ 7.0% cap · market cap 5.50%
    Second Best
    Industrial
    $17.30M
    $15.14M – $20.18M (±1% cap)
    NOI $1,211,064 @ 7.0% cap · market cap 4.94%
    Theoretical Best
    Office A
    $55.48M
    $48.55M – $64.73M (±1% cap)
    NOI $3,883,929 @ 7.0% cap · market cap 15.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Los Angeles
    State
    California
    Longitude
    -118.23
    Latitude
    34.0039

    FAQs

    What type of property is this?
    Manufacturing property - 103,633 SF food processing and distribution facility for sale.
    Where is this manufacturing property located?
    The property is located at 3305 E Vernon Ave Vernon, CA.
    What is the asking price?
    The asking price for this property is $24,500,000.
    What are key features of this property?
    This property features: USDA‑Food Processing Approved Facility; Equipped with Blast Freezer and Cooler; 9 Dock High Doors for Efficient Distribution
    (949) 212-3249 Call to check price and availability
    More about this property
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