Vernon Warehouse For
3305 E Vernon Ave Vernon, CA 90058
For Sale
Contact for pricing
Pending
103,633 sqft warehouse available for purchase in Vernon.
Property Size103,633 SF
Days on Market638
Property Features for 3305 E Vernon Ave
General Information
- Standard status
- Pending
- Size
- 103,633 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing Agency:
Kidder Mathews Los Angeles West
Listed By:
Janet Neman · License #CA 01069127
Source:
Crexi
Added: Oct 25, 2024
Changed: Jul 6
Last Checked: Jul 23 at 2:50PM
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 Kidder Mathews Los Angeles West
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 103,633 square foot warehouse property available for sale. The property is located in Vernon, California.
Key Highlights
- For sale
- Year Built: 1980
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 | $1.67M | $16.08 |
| − Vacancy | −$80.0k | −$0.77 |
| EGI | $1.59M | $15.31 |
| − OpEx | −$238.0k | −$2.30 |
| NOI | $1.35M | $13.01 |
103,633 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$19.26M
$16.86M – $22.47M
NOI $1,348,466 @ 7.0% cap · market cap 6.42%
Second Best
Industrial
$17.30M
$15.14M – $20.18M
NOI $1,211,064 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$55.48M
$48.55M – $64.73M
NOI $3,883,929 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Consolidated Cold Storage — 2885 E 50th St, Vernon, CA 90058
- Lineage — 2050 E 55th St, Vernon, CA 90058
- Bonded Warehousee — 2100 E 49th St, Vernon, CA 90058
- Recall — 2357 E 49th St, Vernon, CA 90058
- Lineage — 2100 E 55th St, Vernon, CA 90058
FAQs
What type of property is this?
Warehouse - 103,633 sqft warehouse available for purchase in Vernon.
Where is this warehouse located?
The property is located at 3305 E Vernon Ave Vernon, CA.
What is the asking price?
The asking price for this property is $21,000,000.
What are key features of this property?
This property features: For sale; Year Built: 1980
