Freestanding Industrial Flex
For Sale
Contact for pricing
3311 E 59th St, Long Beach, CA 90805
Freestanding flex/industrial building with private yard, 400-amp electrical service, and a newly installed roof.
Property Size5,000 SF
Price / SF$315
Days on Market103
Property Features for 3311 E 59th St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
INDUSTRIAL
Amenities
Private Yard
Listing Agency:
Cushman & Wakefield
(562) 852-9599
Listed By:
Rusty Smith · License #01762370
(562) 852-9599
Source:
Moodyscre
Added: Apr 22
Changed: Jul 28
Last Checked: Aug 1 at 10:59AM
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
This freestanding industrial flex building includes a private yard and is supported by 400 amps of electrical service. The property also features a newly installed roof, providing a practical base for a variety of light industrial or flex uses.
The building is offered for sale as a standalone asset.
A private yard and dedicated on-site electrical service are key functional features for day-to-day operations, while the roof replacement supports near-term building maintenance planning.
The building is offered for sale as a standalone asset.
A private yard and dedicated on-site electrical service are key functional features for day-to-day operations, while the roof replacement supports near-term building maintenance planning.
Key Highlights
- Freestanding flex/industrial building
- 400‑amp electrical service
- Newly installed roof
Financial Insights For Industrial
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 | $88.8k | $17.76 |
| − Vacancy | −$5.3k | −$1.07 |
| EGI | $83.5k | $16.69 |
| − OpEx | −$25.0k | −$5.01 |
| NOI | $58.4k | $11.69 |
5,000 SF · lease $17.76/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$834.7K
$730.4K – $973.8K
NOI $58,430 @ 7.0% cap · market cap 3.71%
Second Best
Flex RnD
$824.6K
$721.5K – $962.0K
NOI $57,720 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,832 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,123
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90805, CA
95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- MealswithMekah — 5489 Paramount Blvd, Long Beach, CA 90805
- Smakk'D Refreshers & Teas, Inc — 5241 Paramount Blvd #1/4, Lakewood, CA 90712
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding flex/industrial building with private yard, 400-amp electrical service, and a newly installed roof.
Where is this flex space located?
The property is located at 3311 E 59th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Freestanding flex/industrial building; 400‑amp electrical service; Newly installed roof
