Brick Flex Industrial
For Sale
Contact for pricing
4255 District Blvd, Vernon, CA 90058
Brick/block industrial buildings with newly renovated offices, ample parking, and external cooler refrigeration units.
Property Size15,493 SF
Price / SF$350
Days on Market222
Property Features for 4255 District Blvd
General Information
Standard status
Active
Size
15,493 SF
Property subtype
INDUSTRIAL
Additional Details
Fenced Yard
Yes
Building Details
Construction
brick & block
Listing Agency:
North American Commercial Properties
(213) 493-4350
Listed By:
Jay Chang
(213) 216-9690
Source:
Moodyscre
Added: Jan 29
Changed: Aug 17
Last Checked: Aug 14 at 10:32AM
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 North American Commercial Properties
Investment Insights
Based on property information with market context.
This offering features outstanding brick/block industrial buildings suited for light manufacturing, warehousing, storage, cooler use, or other flexible applications. The property includes newly renovated offices, with a fenced and paved lot providing ample parking for operations and visitors.
Located at 4255 District Blvd in Vernon, CA, the buildings sit on the corner of District Blvd and Maywood Ave, offering excellent visibility from the street.
A key functional component is the presence of two external 1,500 SF refrigeration areas (coolers), totaling 3,000 SF of cooler space. The combination of flexible industrial improvements, dedicated office space, and external refrigeration supports multiple cold-storage and storage-oriented uses.
Located at 4255 District Blvd in Vernon, CA, the buildings sit on the corner of District Blvd and Maywood Ave, offering excellent visibility from the street.
A key functional component is the presence of two external 1,500 SF refrigeration areas (coolers), totaling 3,000 SF of cooler space. The combination of flexible industrial improvements, dedicated office space, and external refrigeration supports multiple cold-storage and storage-oriented uses.
Key Highlights
- Brick/block industrial buildings with newly renovated offices
- 2 x 1,500 SF external refrigerators (coolers)
- Corner location at District Blvd & Maywood Ave
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
$201,594
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
3.72%
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%
$4,031,880
$4.0M
Cap Rate 7%
$2,879,914
$2.9M
Cap Rate 9%
$2,239,933
$2.2M
Market Conditions
NOI Build-Up for 15,493 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
$249.1K $16.08/SF
− Vacancy
−$12.0K −$0.77/SF
EGI
$237.2K $15.31/SF
− OpEx
−$35.6K −$2.30/SF
NOI
$201.6K $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%
$4,031,880
Cap Rate 7%
$2,879,914
Cap Rate 9%
$2,239,933
Alternative Uses
Best Use
Warehouse
$2.88M
$2.52M – $3.36M
NOI $201,594 @ 7.0% cap · market cap 3.72%
Second Best
Industrial
$2.59M
$2.26M – $3.02M
NOI $181,052 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$8.29M
$7.26M – $9.68M
NOI $580,642 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,149
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
- Creative Concept — 2067 E 55th St, Vernon, CA 90058
- Bon Appetit — 4700 Alcoa Ave, Vernon, CA 90058
- Flying Food Group — 3305 Bandini Blvd, Vernon, CA 90058
Frequently Asked Questions
What type of property is this?
Flex space - Brick/block industrial buildings with newly renovated offices, ample parking, and external cooler refrigeration units.
Where is this flex space located?
The property is located at 4255 District Blvd Vernon, CA.
What is the asking price?
The asking price for this property is $5,422,550.
What are key features of this property?
This property features: Brick/block industrial buildings with newly renovated offices; 2 x 1,500 SF external refrigerators (coolers); Corner location at District Blvd & Maywood Ave
