Freestanding Industrial Distribution
For Sale
Contact for pricing
4185 Charter St, Vernon, CA 90058
Freestanding warehouse with 14–16’ clear height, 200 amps power, and three dock-high doors.
Property Size14,048 SF
Price / SF$362.33
Days on Market118
Property Features for 4185 Charter St
General Information
Standard status
Active
Size
14,048 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Dock-High Doors
3
Additional Details
Highway Access
Yes
Listing Agency:
KORUS Real Estate
Listed By:
Mark Hong · License #01067529
(213) 251-9000
Source:
Moodyscre
Added: May 11
Changed: Sep 2
Last Checked: Sep 4 at 6:02PM
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 KORUS Real Estate
Investment Insights
Based on property information with market context.
This freestanding industrial building is offered for sale and includes 14–16’ clear height, 200 amps power, and three dock-high doors. The property is configured as a warehouse/distribution facility with rail access noted as possible.
Access is identified via connections to the 10, 5, and 710 freeways, supporting regional distribution and logistics use.
Additional features include the three dock-high overhead doors designed to support loading operations for an industrial tenant or buyer.
Access is identified via connections to the 10, 5, and 710 freeways, supporting regional distribution and logistics use.
Additional features include the three dock-high overhead doors designed to support loading operations for an industrial tenant or buyer.
Key Highlights
- Freestanding warehouse building
- 14'-16' clear height
- 200 Amps power service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$182,792
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,655,840
$3.7M
Cap Rate 7%
$2,611,314
$2.6M
Cap Rate 9%
$2,031,022
$2.0M
Market Conditions
NOI Build-Up for 14,048 SF
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.
Gross rent
$225.9K $16.08/SF
− Vacancy
−$10.8K −$0.77/SF
EGI
$215.0K $15.31/SF
− OpEx
−$32.3K −$2.30/SF
NOI
$182.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,655,840
Cap Rate 7%
$2,611,314
Cap Rate 9%
$2,031,022
Alternative Uses
Best Use
Warehouse
$2.61M
$2.28M – $3.05M
NOI $182,792 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.52M
$6.58M – $8.77M
NOI $526,487 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
3
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90058, CA
3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
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
- Ice Cold Storage Inc — 3336 Fruitland Ave, Vernon, CA 90058
- California Cold Storage — 4833 Fruitland Ave, Los Angeles, CA 90058
- Consolidated Cold Storage — 2885 E 50th St, Vernon, CA 90058
- Unicold Corporation — 4339 Fruitland Ave, Vernon, CA 90058
- Vernon Storage Yard — 3299-3101 E 46th St, Vernon, CA 90058
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse with 14–16’ clear height, 200 amps power, and three dock-high doors.
Where is this warehouse located?
The property is located at 4185 Charter St Vernon, CA.
What is the asking price?
The asking price for this property is $5,090,000.
What are key features of this property?
This property features: Freestanding warehouse building; 14'-16' clear height; 200 Amps power service
