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    OFF-MARKET
    Warehouses

    1401 Hicks Ave, Commerce, CA 90023

    30,000 SF 7.64 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This single-story, 30,000-square-foot warehouse at 1401 S Hicks Ave, Commerce, CA 90023, is situated on a 7.64-acre lot in Los Angeles County. Built in 1950, the property is currently fully vacant and offers flexible lease terms. The entire 30,000 square feet is available for lease to a single tenant. The building features a CMM2 zoning designation. Its convenient location provides easy access to major freeways, including the I-5, I-710, I-101, and I-60, and is minutes from downtown Los Angeles. The property is well-suited for storage, distribution, or other industrial operations. 24/7 access and round-the-clock security are provided. The property's APN is 5242-022-007. This versatile space offers businesses a secure and convenient location for their operations. The property's single-building design and ample square footage make it an attractive option for businesses seeking significant space in a prime location. The large land area also offers potential for expansion or additional development.

    Property profile
    Verified
    Property type Warehouses
    Year built 1950
    Total area 30,000 SF
    Lot 7.64 ac (332,798 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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