Property profile

12928 Midway Pl Cerritos, CA 90703

OFF-MARKET
Warehouses
Property ID
US09-8717194
161,650 SF 6.25 ac lot Built 1974
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction TILT-UP CONCRETE
Total area 161,650 SF
Lot 6.25 ac (272,400 SF)
Zoning code CEM(D1)*
APN 7010-015-056
UPID US09-8717194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12928 Midway Pl Cerritos, CA 90703
Cerritos metro Census 554512 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$50.79M
CAP Approach CAP
$32.36M
Comparable Approach Comparable
by Request
Blend (final) Blend
$50.79M

Owner & transaction history

since 2024
Last sale
$50.8M
5 recorded transactions
2024
$50.8M
2021
Price N/A
2019
$27.7M
2008
Price N/A
1969
Price N/A

Zoning & alternative use

CEM(D1)* · Cerritos, CA
Top alternative use upside
Auto repair, garage $74.8M +52.2%
Medical building $73.5M +49.6%
Office building $72.5M +47.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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