Commerce Industrial Warehouse
5565 5575 Sheila St Commerce, CA 90040
For Sale
$4,949,999
Two-building industrial warehouse on a large lot in Commerce, CA.
Property Size15,500 SF
Lot Size0.89 Acres
Price / SF$319.35
Days on Market93
Property Features for 5565 5575 Sheila St
General Information
- Standard status
- Active
- Size
- 15,500 SF
- Lot size
- 0.89 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1956
Listing Agency:
Real Broker
(562) 639-6859
Listed By:
Pamela Iniguez · License #01914917
(562) 639-6859
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 26 at 11:37AM
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 Real Broker
Investment Insights
Based on property information with market context.
This industrial warehouse facility, situated on a lot of approximately 38,702 square feet in Commerce, California, features two separate warehouse buildings. Warehouse A offers approximately 8,500 square feet, while Warehouse B provides around 7,000 square feet. Both buildings include dedicated office space and are in good condition, ready for immediate use without significant capital improvements. The site is composed of five separate parcels, offering operational flexibility and long-term repositioning potential. Ample on-site parking is available. The property's location provides convenient access to the I-5 and I-710 freeways, facilitating regional and last-mile distribution. Commerce is a hub for logistics, manufacturing, apparel, import/export, and light industrial activities. The dual-warehouse configuration supports multiple occupancy or income strategies. The location experiences strong long-term industrial demand. The property is suitable for distribution, light manufacturing, logistics, contractor operations, e-commerce/last-mile, apparel, or industrial flex users. The location has a walk score of 77, indicating it is very walkable, a transit score of 58, indicating good transit options, and a bike score of 53, indicating it is bikeable.
Key Highlights
- Rare opportunity for a ±15,500 SF industrial warehouse facility on a ±38,702 SF lot in Commerce's prime industrial area.
- Two separate warehouse buildings (±8,500 SF and ±7,000 SF) each with dedicated office space, offering flexibility.
- Located in a supply‑constrained industrial submarket with convenient access to the I‑5 and I‑710 freeways.
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 | $249.2k | $16.08 |
| − Vacancy | −$12.0k | −$0.77 |
| EGI | $237.3k | $15.31 |
| − OpEx | −$35.6k | −$2.30 |
| NOI | $201.7k | $13.01 |
15,500 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.88M
$2.52M – $3.36M
NOI $201,685 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$2.59M
$2.26M – $3.02M
NOI $181,134 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$8.30M
$7.26M – $9.68M
NOI $580,905 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- El Sabor De La Abuela Cenaduria — 5595 Joaquin Ct, Commerce, CA 90040
FAQs
What type of property is this?
Flex space - Two-building industrial warehouse on a large lot in Commerce, CA.
Where is this flex space located?
The property is located at 5565 5575 Sheila St Commerce, CA.
What is the asking price?
The asking price for this property is $4,949,999.
What are key features of this property?
This property features: Rare opportunity for a ±15,500 SF industrial warehouse facility on a ±38,702 SF lot in Commerce's prime industrial area.; Two separate warehouse buildings (±8,500 SF and ±7,000 SF) each with dedicated office space, offering flexibility.; Located in a supply‑constrained industrial submarket with convenient access to the I‑5 and I‑710 freeways.
