You are browsing as a guest. Register to access key data for free.
Property profile

16205 Distribution Way Cerritos, CA 90703

Manufacturing properties
Property ID
US10-0093269
View Sample
59,920 SF 2.98 ac lot Built 1973
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional industrial property in Los Angeles County offers a unique opportunity for businesses seeking flexible and modern space. Located at 16205 Distribution Way, Cerritos, this freestanding building boasts 64,318 total square feet, with multiple tenancy options available. Units range from a minimum of 10,000 square feet to a maximum contiguous space of 11,234 square feet, with 21,234 square feet currently vacant. The two-story building features high ceilings (20' - 23'), ideal for various industrial uses. Loading capabilities include one ground-level door and four dock-high loading doors with levelers. The property also includes a fully fenced yard and loading area. Power is supplied by 1,200 Amps, 277/480 V 3-phase power (verification recommended). The building is well-suited for a variety of uses, including wholesale food processing, food warehousing, distribution, and light manufacturing. Approximately 11,234 square feet of office space is available on the second floor. Additionally, approximately 10,000 square feet of air-conditioned R&D/production areas are equipped with floor drains and washable walls. The warehouse includes approximately 17,000 square feet of racked space (sprinklered, S1 occupancy – verification recommended) and motion-sensor warehouse lighting. The property sits on a 3.12-acre lot. This is a prime opportunity to secure a well-appointed industrial space in a highly desirable Cerritos location.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1973
Construction TILT-UP CONCRETE
Total area 59,920 SF
Lot 2.98 ac (129,781 SF)
Zoning code CEM
APN 7005-013-050
UPID US10-0093269

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.78M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.96M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A
2017
$9.9M
2011
$4.3M
2010
$3.5M

Zoning & alternative use

CEM · Cerritos, CA

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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