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    Property profile & analytics

    21221 Wilmington Ave Carson, CA 90810-1237

    • Warehouses
    • 4,000 SF
    • 0.58 lot acres
    OFF-MARKET
    Last Sale
    Sep 26, 2022
    $1,940,019
    Value Estimations
    $1,995,000
    Show details
    Cap Rate Potential
    2.9%
    Warehouses
    Location Intelligence
    Property ID
    US09-9003651
    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

    • Warehouses

    Property Details for 21221 Wilmington Ave

    Year built
    1979
    Construction
    TILT-UP CONCRETE
    Lot size
    0.58 lot acres
    Property size
    4,000 SF
    Zone code
    CAML&D*
    Property type
    Warehouses
    APN
    7326-007-026
    APU
    7326007026

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,005,000
      ML approach
      $1,975,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,749,000
      Market price range: $587k - $1.75M

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

    Location Insight

    • Map
    • Local Demand
    City
    Carson
    County
    Los Angeles
    State
    California
    Longitude
    -118.239
    Latitude
    33.8361
    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
    $25,288
    $1,249,500
    $729,300
    $1,978,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $60,000
      0.04 Acres

      21410 Alameda St

      STORAGE YARD, OPEN STORAGE • 0.04 Acres
      21410 Alameda St, Carson, CA 90810-1214
      View Details
    • Value Estimation
      $580,000
      49,444 SF

      2131 Technology Pl

      WAREHOUSE, STORAGE • 49,444 SF
      2131 Technology Pl, Long Beach, CA 90810-3800
      View Details
    • Value Estimation
      $765,000
      248,252 SF

      2255 220th St

      WAREHOUSE, STORAGE • 248,252 SF
      2255 220th St, Carson, CA 90810-1639
      View Details
    • Value Estimation
      $880,000
      261,670 SF

      2711 Dominguez St

      WAREHOUSE, STORAGE • 261,670 SF
      2711 Dominguez St, Carson, CA 90810-1352
      View Details
    • Value Estimation
      $860,000
      100,637 SF

      2350 Dominguez St

      WAREHOUSE, STORAGE • 100,637 SF
      2350 Dominguez St, Carson, CA 90810-1010
      View Details
    • Value Estimation
      $985,000
      42,447 SF

      1904 Dominguez St

      WAREHOUSE, STORAGE • 42,447 SF
      1904 Dominguez St, Carson, CA 90810-1002
      View Details

    Similar Nearby for Sale

    • $5,100,000
      14,378 SF

      Carson Warehouse: Prime Industrial Space

      14,378 SF Warehouse, $5.1M, NNN Lease
      1902 Dominguez St, Carson, CA 90810
      View Details
    • $5,000,000
      8,288 SF

      Retail Property in Long Beach

      8,288 SF retail property built in 2022, Long Beach.
      1834 Harbor Ave, Long Beach, CA 90810
      View Details
    • $4,900,000
      14,378 SF

      Industrial Warehouse Near Long Beach Port

      14,400 SF warehouse with easy access to transportation hubs.
      1902 E Dominguez St, Carson, CA 90810
      View Details
    • Contact for pricing
      150,000 SF

      Carson Freestanding Industrial Building

      150,000 SF industrial building with freeway access.
      1925 Dominguez St, Carson, CA 90810
      View Details
    • Contact for pricing
      32,103 SF

      Turnkey Automotive R&D Facility

      Automotive R&D facility with heavy power and secured yard.
      4035 Via Oro Ave, Long Beach, CA 90810
      View Details
    • $14,000,000
      40,488 SF

      Free Standing Retail Building

      Retail building with offices, GL & DH doors, HVAC.
      2009 E 223Rd St, Carson, CA 90810
      View Details

    Similar Nearby for Lease

    • $1.40 SF/Yr
      168,952 SF

      Refurbished Warehouse with Large Yard

      168,952 SF warehouse with dock-high loading and fenced yard.
      2711 E Dominguez St, Carson, CA 90810
      View Details
    • $1.45 SF/Yr
      245,720 SF

      Freestanding Warehouse with Mezzanine Storage

      Class A warehouse with ample parking and mezzanine storage.
      2161 E Dominguez St, Carson, CA 90810
      View Details
    • $1.25 SF/Yr
      16,016 SF

      Carson Warehouse with Deluxe Offices

      High-image warehouse with two dock-high loading positions and offices.
      2801-2803 208Th St, Carson, CA 90810
      View Details
    • $1.40 SF/Yr
      87,725 SF

      Carson Warehouse with Truck Court

      87,725 SF warehouse with secure truck court, sublease available.
      2850 E El Presidio St, Carson, CA 90810
      View Details
    • $20 SF/Yr
      14,363 SF

      Wilmington Ave Warehouse - 14,363 SF

      Modern warehouse, excellent freeway access.
      21136 Wilmington Ave, Carson, CA 90810
      View Details
    • Contact for pricing
      99,363 SF

      Carson Warehouse with New Upgrades

      Refurbished warehouse near ports with new office space.
      2824 E 208Th St, Carson, CA 90810
      View Details
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    21221 Wilmington Ave
    Carson, CA 90810-1237
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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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