11019 Schmidt Rd El Monte, CA 91733-2801
- Manufacturing properties
- 1,720 SF
- 0.09 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 11019 Schmidt Rd
- Year built
- 1946
- Construction
- WOOD
- Lot size
- 0.09 lot acres
- Property size
- 1,720 SF
- Zone code
- EMM1*
- Property type
- Manufacturing properties
- APN
- 8105-014-010
- APU
- 8105014010
Description
This exceptional investment opportunity presents a vacant, single-story warehouse totaling 1,720 square feet of net rentable space, situated on a 3,920 square foot lot in El Monte, California. Built in 1946 and renovated in 2017, this Class B industrial property boasts a modern aesthetic. The building features a 10-foot ceiling height, a ground-level loading door, and ample parking for six vehicles within a gated area. The property is zoned EMM1, offering versatile usage potential for warehousing, distribution, office space, retail/wholesale, or light manufacturing. Internal improvements include two restrooms and a central HVAC system supplemented by a swamp cooler. Electrical service includes a 200-amp panel with a 240V outlet suitable for EV charging. Its strategic location provides convenient access to the 10, 60, and 605 freeways, enhancing its appeal for businesses requiring efficient transportation links. The asking price for this free-standing warehouse is $750,000, representing a rare owner-user opportunity in North El Monte. The property's address is 11019 Schmidt Rd, El Monte, CA 91733, and its APN is 8105-014-010.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $645,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $550,000
- 6.5%
- $555,000
- 7%
- $585,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $490,000
- Mixed-Use
- $595,000
- Hospitality
- $585,000
- Educational
- $565,000
- Residential Income
- $495,000
- Energy
- $585,000
- Income-Based Land
- $490,000
- Food Service
- $585,000
Location Insight
- Map
- Local Demand
- City
- El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.035
- Latitude
- 34.0575
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA