Freestanding Light-Manufacturing
For Sale
$2,350,000
Pending
9540 Stewart And Gray Rd, Downey, CA 90241
Industrial facility combining office, production, warehouse, storage, and a fenced rear yard for flexible operations.
Property Size6,312 SF
Lot Size0.39 Acres
Days on Market47
Property Features for 9540 Stewart And Gray Rd
General Information
Standard status
Pending
Size
6,312 SF
Lot size
0.39 Acres
Property subtype
Industrial
Zoning
DOM1
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Building Size
6,312 SF
Year Built
1981
Buildings
1
Listing Agency:
Century 21 A Better Service Realty
Listed By:
George Valencia · License #02083024
(562) 250-7151
Source:
Elliman
Added: Sep 15
Changed: Oct 31
Last Checked: Oct 30 at 3:08PM
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 Century 21 A Better Service Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding light-manufacturing property contains 6,312 SF of office, production, warehouse, and storage space on an approximately 16,815 SF, 0.39-acre lot. The front office area includes a lobby and reception space, conference room, private offices, and restroom. Industrial improvements include exposed wood-truss ceilings, skylights, radiant heating, grade-level roll-up doors, mezzanine storage, and open workspace. A fenced rear yard adds secure exterior space for storage, staging, equipment, or vehicles.
Built in 1981 and zoned DOM1* for light manufacturing, the property is positioned near the I-605/Firestone Boulevard interchange. Access to the I-605, I-5, I-105, and I-710 freeways connects the facility with Los Angeles and Orange Counties. The property has been occupied by the same business operation since 1982, providing a long record of continuous use at the site.
Built in 1981 and zoned DOM1* for light manufacturing, the property is positioned near the I-605/Firestone Boulevard interchange. Access to the I-605, I-5, I-105, and I-710 freeways connects the facility with Los Angeles and Orange Counties. The property has been occupied by the same business operation since 1982, providing a long record of continuous use at the site.
Key Highlights
- 6,312 SF freestanding light‑manufacturing building
- Approximately 16,815 SF (0.39‑acre) lot
- Office, production, warehouse, and storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,214
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,904,280
$1.9M
Cap Rate 7%
$1,360,200
$1.4M
Cap Rate 9%
$1,057,933
$1.1M
Market Conditions
NOI Build-Up for 6,312 SF
Gross rent
$119.7K $18.96/SF
− Vacancy
−$7.7K −$1.21/SF
EGI
$112.0K $17.75/SF
− OpEx
−$16.8K −$2.66/SF
NOI
$95.2K $15.08/SF
Area
Downey, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,904,280
Cap Rate 7%
$1,360,200
Cap Rate 9%
$1,057,933
Alternative Uses
Best Use
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,214 @ 7.0% cap · market cap 4.05%
Second Best
Industrial
$1.12M
$980.1K – $1.31M
NOI $78,411 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$2.58M
$2.25M – $3.00M
NOI $180,271 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,216
Businesses Nearby
Explore this area
Business Placement
Demographics for 90241, CA
44,921
Population
15,100
Households
3
Avg Household Size
37
Median Age
25%
College-Educated
81%
High-School Grad
4.9 sq mi
ZIP Area
9,168
Density / Sq Mi
$84,375
Median Household Income
$43,319
Median Earnings
$1,884
Median Rent
$770,100
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial facility combining office, production, warehouse, storage, and a fenced rear yard for flexible operations.
Where is this manufacturing property located?
The property is located at 9540 Stewart And Gray Rd Downey, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 6,312 SF freestanding light‑manufacturing building; Approximately 16,815 SF (0.39‑acre) lot; Office, production, warehouse, and storage areas
