Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    davie Avenue Commerce, CA 90040

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $55,593

    38,340 SF warehouse with 78,000 SF fenced yard.

    Type:Commercial
    Property size:
    38,340 SF
    Lot size:
    1.79 Acres
    Added:
    Jul 19, 2025
    Days on Market:
    259
    Last Refresh:
    Apr 1 at 8:51 pm

    Property Features for davie Avenue

    General Information

    Standard status
    Active
    Size
    38,340 SF
    Lot size
    1.79 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1953

    We can help!

    Listing Contact
    SHIYUAN REN

    Listing agent SHIYUAN REN License #DRE #01711057

    Listing office GPT REALTY INC

    Listing date Jul 19, 2025

    Source Corcoran

    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 GPT REALTY INC

    Overview

    Warehouse with Large Fenced Yard

    A 38,340 square foot warehouse is available for sublease, offering immediate occupancy. The property includes a large, private fenced yard of approximately 78,000 square feet. The warehouse features 12 loading docks and one ground-level door. Inside, there are three restrooms and approximately 400 square feet of office space.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • Public Storage — 1012 S Maple Ave, Montebello, CA 90640
    • Handy Self Storage — 1500 E Washington Blvd, Montebello, CA 90640
    • File Keepers LLC — 5795 Smithway St, Commerce, CA 90040
    • Offstage Storage — 2301 S Tubeway Ave, Commerce, CA 90040
    • M C B Warehouse — Commerce, CA 90040

    Map

    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.134
    Latitude
    34.0043

    Nearby Similar for Lease

    • Contact for pricing

      Commerce, CA Office Space

      Office space for lease in Commerce, CA with parking.
      1117 Goodrich, Commerce, CA 90022
      View Details
    • Sponsored
      Contact for pricing

      Commerce Corporate Center

      5800 Eastern Ave, Unit 500, Commerce, CA 90040
      View Details
    • $1.50/mo

      Showroom/Storage Room Ground Floor Suite

      Ground floor showroom/storage suite with expansion options.
      2410 Yates Ave Suite 102, Commerce , CA 90040
      View Details
    • $1.35/mo

      Commerce Warehouse with Secured Yard

      Warehouse with secured yard, dock high positions, and sprinkler system.
      6077 Rickenbacker Road, Commerce, CA, 90040
      View Details
    • $1.37/mo

      Commerce Warehouse with Dock High

      Warehouse space featuring dock high positions in Commerce, CA.
      4930-4932 Zambrano Street, Commerce, CA, 90040
      View Details
    • $1.50/mo

      Spacious Workroom/Storage Suite Available

      Ground floor suite suitable for showroom, light assemblage, and display.
      2410-2420 Yates Ave, Commerce, CA
      View Details
    • $0.85/mo

      Spacious Warehouse with Fenced Yard

      42,486 SF warehouse with refurbished offices and large yard.
      6435 Corvette Street, Commerce, CA, 90040
      View Details
    • $171/mo

      Manufacturing Facility in Opportunity Zone

      Manufacturing facility with high ceilings and heavy power in Commerce.
      6155 South Eastern Avenue, Commerce, CA 90040
      View Details
    • $1.80/mo

      High Image Office Warehouse Space

      Class A building with high image offices and warehouse space.
      5807 Smithway St, Commerce, CA 90040
      View Details
    • $1.59/mo

      Commerce Commercial Space Available

      Commercial space available for lease in Commerce, California.
      4934 Zambrano Street, Commerce, CA, 90040
      View Details
    • $1.37/mo

      Refurbished Warehouse with Large Yard

      Freestanding building with large yard, dock positions, and parking.
      4621 Sheila St, Commerce, CA 90040
      View Details
    • $1.65/mo

      Commerce Warehouse with Dock Doors

      Warehouse with fenced yard, dock doors, and ample power.
      6465 Corvette St, Commerce, CA 90040
      View Details

    FAQs

    What type of property is this?
    Warehouse - 38,340 SF warehouse with 78,000 SF fenced yard.
    Where is this warehouse located?
    The property is located at davie Avenue Commerce, CA.
    What is the lease rate?
    The lease rate is $55,593.
    What are key features of this property?
    This property features: 38,340 SF warehouse ready for immediate sublease; Enormous 78,000 SF private fenced yard; 12 high dock loading doors for efficient operations
    (626) 375-8968
    We can help!
    Listing Contact
    SHIYUAN REN
    Real Estate License ID: DRE #01711057
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!