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    1026 Gerhart Ave Commerce, CA 90022

    For Sale
    $1,500,000

    4,075 SF Vacant Warehouse, $1.5M

    Property size:
    4,075 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 4,075-square-foot industrial warehouse in Commerce, CA, is available for $1,500,000. Built in 1950, this single-story building sits on a 5,009-square-foot lot and is zoned CMM1, allowing for various industrial uses including light manufacturing, warehousing, and distribution. The property features one loading dock and is currently vacant, presenting an ideal opportunity for owner-users or investors seeking immediate occupancy or lease potential. Its prime location in Commerce offers excellent access to major transportation routes, including proximity to the Los Angeles and Long Beach ports via the Alameda Corridor, a significant freight rail expressway. The property is conveniently located approximately 1.7 miles from a rail terminal, 17.7 miles from an airport, and 20.5 miles from the seaport. The property is being sold "as is," "where is," with all faults known and unknown. Buyers are responsible for verifying all information, including square footage, permitted uses, and building details.

    Property Features for 1026 Gerhart Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    4,075 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1

    HighLights

    • $1,500,000 asking price for a vacant, 4,075 SF industrial building.
    • Owner‑user or investor opportunity in Commerce, CA.
    • 4,075 SF building on a 5,009 SF lot, zoned CMM1.
    • One‑story, 1950 construction with one loading dock.
    • Prime industrial location near major transportation routes, including the Alameda Corridor, LA/Long Beach ports, and rail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Trim By Design Hardware Store Dynamic Sales & Marketing Marketing Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.14734806803
    Latitude
    34.015356783113

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    FAQs

    What type of property is this?
    Distribution property - 4,075 SF Vacant Warehouse, $1.5M
    Where is this distribution property located?
    The property is located at 1026 Gerhart Ave Commerce, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for a vacant, 4,075 SF industrial building.; Owner-user or investor opportunity in Commerce, CA.; 4,075 SF building on a 5,009 SF lot, zoned CMM1.
    Request Owner's contact information
    1026 Gerhart Ave Commerce, CA 90022
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    Commerce, CA 90022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1026 Gerhart Ave Commerce, CA 90022
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