Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    13922 Gracebee Ave Norwalk, CA 90650-4505

    • Manufacturing properties
    • 11,600 SF
    • 0.56 lot acres
    OFF-MARKET
    Last Sale
    Feb 14, 2020
    $1,400,014
    Value Estimations
    $1,575,000
    Show details
    Cap Rate Potential
    7.7%
    Manufacturing properties
    Location Intelligence
    Property ID
    US09-7120265
    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.

    Current Use by Public Records

    • Municipal Maintenance Equipment (South Office) / Industrial Equipment Supplier
    • Cds Inc / Steel Fabricator
    • MJ Gate Company / Custom Home Builder

    Property Details for 13922 Gracebee Ave

    Year built
    1958
    Lot size
    0.56 lot acres
    Property size
    11,600 SF
    Zone code
    NOM2*
    Property type
    Manufacturing properties
    APN
    8059-002-064
    APU
    8059002064

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,605,000
      ML approach
      $1,570,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,070,000
      6.5%
      $1,910,000
      7%
      $1,775,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $992,000
      Market price range: $324k - $1.61M

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Los Angeles
    State
    California
    Longitude
    -118.054
    Latitude
    33.9044
    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
    $30,653
    $1,910,174
    $424,483
    $2,334,657
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,740,000
      19,519 SF

      13920 Shoemaker Ave

      MANUFACTURING (LIGHT) • 19,519 SF
      13920 Shoemaker Ave, Norwalk, CA 90650-4534
      View Details
    • Value Estimation
      $3,590,000
      35,210 SF

      12825 Alondra Blvd

      MANUFACTURING (LIGHT) • 35,210 SF
      12825 Alondra Blvd, Norwalk, CA 90650-6838
      View Details
    • Value Estimation
      $9,815,000
      52,374 SF

      13034 Excelsior Dr

      HEAVY MANUFACTURING • 52,374 SF
      13034 Excelsior Dr, Norwalk, CA 90650-6867
      View Details
    • Value Estimation by Request
      3,615 SF

      11817 163rd St

      FOOD PROCESSING • 3,615 SF
      11817 163rd St, Norwalk, CA 90650-7235
      View Details
    • Value Estimation
      $1,115,000
      10,680 SF

      12952 Pioneer Blvd

      HEAVY MANUFACTURING • 10,680 SF
      12952 Pioneer Blvd, Norwalk, CA 90650-2860
      View Details
    • Value Estimation
      $1,910,000
      15,350 SF

      13502 Pumice St

      MANUFACTURING (LIGHT) • 15,350 SF
      13502 Pumice St, Norwalk, CA 90650-5249
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Multi-Tenant Industrial Building For Sale

      Multi-tenant industrial building in Norwalk, CA, suitable for owner/user or investment.
      13820 Shoemaker Ave, Norwalk, CA 90650
      View Details
    • Contact for pricing
      20,004 SF

      Freestanding Leased Investment Opportunity

      Freestanding building in Norwalk, CA, 100% leased with fenced yard.
      15503 Blackburn Ave, Norwalk, CA 90650
      View Details
    • $499,000

      Versatile Property in High-Traffic Location

      Commercial potential in a prime, high-traffic location.
      14354 Carmenita Rd, Norwalk, CA 90650
      View Details
    • $349,000

      Norwalk Specialty Property For Sale

      Specialty property available for purchase in Norwalk, California.
      14027 Bayside Dr, Norwalk, CA 90650
      View Details
    • $425,000

      Land For Sale

      Land available for purchase.
      11454 Cresson St, Norwalk, CA 90650
      View Details
    • New
      $4,000,000
      900 SF

      Norwalk Gas Station Business Opportunity

      Gas station with real estate and business included in sale.
      15604 Pioneer Blvd, Norwalk, CA 90650
      View Details

    Similar Nearby for Lease

    • $1.20 SF/Yr
      7,900 SF

      Norwalk Warehouse with Spray Booth

      Warehouse with permitted spray booth and mezzanine storage for rent.
      14011 Gracebee Ave, Norwalk, CA 90650
      View Details
    • $1.39 SF/Yr
      2,380 SF

      Industrial Unit with Upgraded Flooring

      Recently renovated industrial unit featuring upgraded epoxy flooring.
      13562 Pumice St, Norwalk, CA 90650
      View Details
    • Contact for pricing
      2,754 SF

      Norwalk Warehouse with Fenced Yard

      Freestanding warehouse with fenced yard and easy freeway access.
      12234 Firestone Blvd, Norwalk, CA 90650
      View Details
    • Contact for pricing
      35,200 SF

      Freestanding Building with Dock Loading

      Freestanding building with rare dock high loading and fenced yard.
      12825 Alondra Blvd, Norwalk, CA 90650
      View Details
    • $1.00 SF/Yr
      10,060 SF

      Norwalk Industrial Space Sublease

      Industrial space available for sublease in Norwalk Industrial Park.
      15529-15537 Blackburn Ave, Norwalk, CA 90650
      View Details
    • $1.39 SF/Yr
      2,380 SF

      Norwalk Warehouse with Upgraded Features

      Multi-tenant building featuring upgraded flooring and loading doors.
      13538-13594 Pumice St, Norwalk, CA 90650
      View Details
    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.
    13922 Gracebee Ave
    Norwalk, CA 90650-4505
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.