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    13915 Cerritos Corporate Dr Cerritos, CA 90703
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    13915 Cerritos Corporate Dr Cerritos, CA 90703

    View on Map
    • Warehouses
    • 41,264 SF
    • 2.80 lot acres
    For Lease
    $1.39 SF/Yr
    View Listing →
    Cerritos Flex/Industrial Space Available For Lease
    $1.39 SF/Yr
    52,864 SF

    Cerritos Flex/Industrial Space Available

    Flex/industrial space with convenient freeway access for lease.

    13915 Cerritos Corporate Drive, Cerritos, CA 90703
    View Listing
    Property ID
    US09-8796933
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 13915 Cerritos Corporate Dr

    Year built
    1989
    Construction
    TILT-UP CONCRETE
    Lot size
    2.80 lot acres
    Property size
    41,264 SF
    Zone code
    CEM
    Property type
    Warehouses
    APN
    7003-001-041
    APU
    7003001041

    Description

    This exceptional 52,756 square foot, two-story industrial building, situated in the MidCounties submarket of Los Angeles County, presents a unique opportunity. Built in 1989, the property boasts a single suite currently offering 41,438 square feet of vacant space, ideal for flex or R&D use. The building features a 24-foot ceiling height, enhancing functionality and storage capacity. Access is facilitated by seven drive-in doors and two dock-high doors, ensuring efficient loading and unloading. Ample parking is provided with 100 spaces available. The property is zoned M and has an APN of 7003-001-041. Power specifications are A:600 V277/480 O:3 W:4. Conveniently located at 13915 Cerritos Corporate Dr, Cerritos, CA 90703, near the cross streets of Marquardt Ave. and Cerritos Dr., this property offers excellent accessibility. All measurements are approximate

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,950,000
      6.5%
      $8,260,000
      7%
      $7,670,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cerritos
    County
    Los Angeles
    State
    California
    Longitude
    -118.035
    Latitude
    33.8851
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $85,060
    $4,275,960
    $2,275,657
    $6,551,617
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      154,237 SF

      16107 Commerce Way

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      16107 Commerce Way, Cerritos, CA 90703
      View Details
    • Value Estimation
      $9,535,000
      66,450 SF

      16410 Manning Way

      WAREHOUSE, STORAGE • 66,450 SF
      16410 Manning Way, Cerritos, CA 90703-2225
      View Details
    • Value Estimation
      $7,920,000
      61,140 SF

      16704 Marquardt Ave

      WAREHOUSE, STORAGE • 61,140 SF
      16704 Marquardt Ave, Cerritos, CA 90703-1044
      View Details
    • Value Estimation
      $8,090,000
      74,840 SF

      16215 Marquardt Ave

      WAREHOUSE, STORAGE • 74,840 SF
      16215 Marquardt Ave, Cerritos, CA 90703-2357
      View Details
    • Value Estimation
      $16,355,000
      159,969 SF

      13012 Midway Pl

      WAREHOUSE, STORAGE • 159,969 SF
      13012 Midway Pl, Cerritos, CA 90703-2231
      View Details
    • Value Estimation
      $10,715,000
      104,319 SF

      13140 Midway Pl

      WAREHOUSE, STORAGE • 104,319 SF
      13140 Midway Pl, Cerritos, CA 90703-2233
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Industrial Space with Loading Docks

      Industrial property featuring loading docks and ample parking.
      16808 Marquardt Ave, Cerritos, CA 90703
      View Details
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      72,189 SF

      Entitled Land Site with Office

      Land site with office space, dock doors, and large yard.
      17600 Crusader Ave, Cerritos, CA 90703
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      43,000 SF Free Standing Warehouse

      Free standing warehouse with office space and convenient freeway access.
      16804-16808 Gridley Pl, Cerritos, CA 90703
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      17,250 SF

      Industrial Building with Office/Showroom

      Free-standing industrial building in Cerritos with excellent freeway access.
      14103 Arbor Pl, Cerritos, CA 90703
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      150,450 SF

      Cerritos Warehouse with Truck Court

      Industrial warehouse with fenced yard and excellent freeway access.
      16290-16300 Shoemaker Ave, Cerritos, CA 90703
      View Details
    • Contact for pricing
      17,250 SF

      Cerritos Industrial Property For Sale

      Industrial property available for sale in Cerritos, California.
      14103 Arbor Pl, Cerritos, CA 90703
      View Details

    Similar Nearby for Lease

    • $0.95 SF/Yr
      87,635 SF

      Cerritos Warehouse with Office Space

      87,635 SF warehouse with office, high ceilings, truck positions.
      13140 Alondra Blvd, Cerritos, CA 90703
      View Details
    • $1.17 SF/Yr

      Industrial Warehouse with Dock High

      Warehouse with street frontage, dock high positions, and freeway access.
      12930 Alondra Blvd, Cerritos, CA 90703
      View Details
    • $1.58 SF/Yr
      5,730 SF

      Warehouse Space with Dock Access

      Industrial warehouse space featuring dock high and ground level loading.
      17202-17210 Marquardt Ave, Cerritos, CA 90703
      View Details
    • Contact for pricing

      Conveniently Located Office Flex Space

      Office flex space, perfect for small businesses needing extra space.
      20014 State Rd, Cerritos, CA 90703
      View Details
    • Contact for pricing

      Cerritos Flex and Industrial Space

      Flex, industrial, and office spaces available for lease in Cerritos.
      17517 Fabrica Way, Cerritos, CA 90703
      View Details
    • Contact for pricing

      Cerritos Warehouse Space Available

      Warehouse space for lease in Cerritos, California.
      16220 Carmenita Rd, Cerritos, CA 90703
      View Details
    View Listing
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    Cerritos, CA 90703
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    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
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