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    Property profile & analytics

    16307 Arthur St, Unit 31 Cerritos, CA 90703-2128

    • Distribution centers
    • 35,518 SF
    • 2.02 lot acres
    OFF-MARKET
    Value Estimations
    $855,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8526137
    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

    • Distribution centers

    Property Details for 16307 Arthur St

    Year built
    1978
    Construction
    TILT-UP CONCRETE
    Lot size
    2.02 lot acres
    Property size
    35,518 SF
    Zone code
    CEADP1
    Property type
    Distribution centers
    APN
    7010-016-022
    APU
    7010016022

    Description

    This exceptional 35,518 square foot industrial property, located at 16307 Arthur Street in Cerritos, California, 90703, presents a unique opportunity. The building is a two-story structure with a single tenant occupancy and currently has 5,118 square feet of vacant space available for lease. The warehouse boasts an impressive 18-foot ceiling height, providing ample vertical space for storage or operations. Convenient access is provided by two drive-in doors. The property is zoned CEADP1 within Los Angeles County and is situated near the intersection of Bloomfield Boulevard and Artesia Boulevard, offering excellent visibility and accessibility. The existing electrical service is 400 amps, 120/208 volts (verification recommended). This versatile space is ideal for a variety of industrial or research and development uses, making it a prime location for businesses seeking a functional and strategically located facility in the thriving Cerritos market. The property's size and features make it suitable for a range of operations, from light manufacturing to warehousing and distribution. Interested parties are encouraged to inquire about lease terms and conditions.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $850,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $958,000
      Market price range: $623k - $1.44M

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

    Location Insight

    • Map
    • Local Demand
    City
    Cerritos
    County
    Los Angeles
    State
    California
    Longitude
    -118.062
    Latitude
    33.8827
    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
    $59,423
    $2,431,584
    $2,091,161
    $4,522,745
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      26,208 SF

      13811 Artesia Blvd

      Distribution properties • 26,208 SF
      13811 Artesia Blvd, Cerritos, CA 90703
      View Details
    • Value Estimation by Request
      154,237 SF

      16107 Commerce Way

      Distribution properties • 154,237 SF
      16107 Commerce Way, Cerritos, CA 90703
      View Details
    • Value Estimation by Request
      52,400 SF

      16804-16808 Gridley Pl

      Distribution properties • 52,400 SF
      16804-16808 Gridley Pl, Cerritos, CA 90703
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    • Value Estimation by Request
      38,720 SF

      16800 Edwards Rd

      Distribution properties • 38,720 SF
      16800 Edwards Rd, Cerritos, CA 90703
      View Details
    • Value Estimation
      $750,000
      35,898 SF

      13220 Moore St

      DISTRIBUTION WAREHOUSE • 35,898 SF
      13220 Moore St, Cerritos, CA 90703-2228
      View Details
    • Value Estimation by Request
      63,799 SF

      16431 Carmenita Rd

      Flex space • 63,799 SF
      16431 Carmenita Rd, Cerritos, CA 90703
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      43,000 SF

      43,000 SF Free Standing Warehouse

      Free standing warehouse with office space and convenient freeway access.
      16804-16808 Gridley Pl, Cerritos, CA 90703
      View Details
    • Contact for pricing
      72,189 SF

      Entitled Land Site with Office

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      Industrial property featuring loading docks and ample parking.
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    • $5,800,000
      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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    • $6,838,000
      1,844 SF

      Cerritos Starbucks Investment

      High-yield Starbucks NNN lease.
      20280 Bloomfield Ave, Cerritos, CA 90703
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    • $12,400,000
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      Retail Building For Sale

      Multi-tenant retail building with 42,794 square feet available.
      17500-17510 Carmenita Rd, Cerritos, CA 90703
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    Similar Nearby for Lease

    • $0.95 SF/Yr
      159,214 SF

      Cerritos Industrial Space For Lease

      Large Manufacturing/Warehouse Space Available
      16220 Carmenita Rd, Cerritos, CA 90703
      View Details
    • $1.42 SF/Yr
      61,404 SF

      Cerritos Warehouse: 61,404 SF

      Prime Cerritos industrial space available.
      16704 Marquardt Ave, Cerritos, CA 90703
      View Details
    • $1.05 SF/Yr
      21,504 SF

      Cerritos Distribution Space Sublease

      High-image distribution building with immediate freeway access, available for sublease.
      15950-16010 Bloomfield Ave, Cerritos, CA 90703
      View Details
    • $16 SF/Yr
      2,551 SF

      Cerritos Warehouse: 2,551 SF Available

      Modern Cerritos warehouse, 2,551 sq ft, immediate occupancy.
      17605 Fabrica Way, Cerritos, CA 90703
      View Details
    • $11 SF/Yr
      23,712 SF

      Mid-Counties Warehouse: 23,712 SF

      Free-standing warehouse, ready for occupancy.
      16707 Edwards Rd, Cerritos, CA 90703
      View Details
    • Contact for pricing
      154,237 SF

      Cerritos Warehouse: 154,237 SF

      Prime Los Angeles County distribution center. Large warehouse space available.
      16107 Commerce Way, Cerritos, CA 90703
      View Details
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    Cerritos, CA 90703-2128
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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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