2140 Davie Ave Commerce, CA 90040-1706
Entity Owned
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$14.72M
Range $13.25M – $16.19M (±10%)
Implied cap rate
4.90%
In-place · NOI ÷ last sale
Property ID
US09-6455793
Property summary
AI-generated overview
This exceptional 55,050-square-foot industrial property, located at 2140 Davie Ave in Commerce, CA 90040, presents a unique opportunity for sublease or sale. Built in 1958, this single-tenant facility boasts a versatile layout suitable for distribution, warehousing, or manufacturing operations. The property features impressive ceiling heights ranging from 18 to 20 feet, providing ample vertical storage space. Efficient operations are supported by six dock-high doors and one drive-in door, ensuring seamless loading and unloading. Ample parking is available with 20+ spaces. The facility is powered by a robust 800 amp, 240-volt, 3-phase, 3-wire heavy-duty electrical system, capable of handling significant power demands. The M2 zoning allows for a variety of industrial uses. The property's APN is 6336-013-010. This well-located Commerce, California property offers easy access to major transportation arteries, making it an ideal location for businesses needing efficient logistics and distribution capabilities. The property's size, features, and location combine to create a compelling investment opportunity for businesses seeking to expand or relocate their operations. Serious inquiries are encouraged to explore this exceptional industrial space.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
TILT-UP CONCRETE
Total area
55,050 SF
Lot
2.26 ac (98,416 SF)
Zoning code
CMM2*
APN
6336-013-010
UPID
US09-6455793
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
$10.72M
CAP Approach
CAP
$11.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.72M
Owner & transaction history
since 2025
Last sale
$12.4M
4 recorded transactions
Zoning & alternative use
CMM2* · Commerce, CA
Top alternative use upside
Commercial (general)
$17.0M
+17.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$14.72M
Value range
$13.25M – $16.19M
±10% around blend
Estimated value / SF
$267 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
50
$13.25M
blend $14.72M
$16.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
55,050 SF
Lot area
2.26 ac
Year built
1956
Stories
1
APN
6336-013-010
Assessed value
$12,900,960
Annual tax
$157,181
3
Income approach: direct capitalization
Partial preview
Income approach indication
$11.02M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$11.94M
@ 6.5% CAP return
$11.02M
@ 7% CAP return
$10.24M
4
Sales comparison
Partial preview
Sales approach indication
$10.72M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.5 mi away · 51,840 SF
6.0 mi away · 46,400 SF
9.8 mi away · 46,980 SF
10.0 mi away · 65,008 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$14.72M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 61 sales
$264
+1%
County 1878 sales
$294
-9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $267/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+17%
vs current-use indication
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.90%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.90%
9.0%
NOI (est.)
$866k *
Last sale · Aug 2021
$12.37M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$17.67M
Move the market yield to see immediate price impact.
Value / SF
$321
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.40%4.90%5.40%
$779k
$17.71M
$15.90M
$14.43M
$866k
$19.68M
$17.67M
$16.03M
$952k
$21.64M
$19.43M
$17.64M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$17.97M
1.8 mi · Jan 2026 · $300/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$157,181
Tax year 2024
Assessed value
$12,900,960
Assessed 2024
Previous assessed
$12,900,960
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$7,740,576
Assessed improvement
$5,160,384
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
55,050 SF
Lot
2.26 ac (98,416 SF)
Zoning code
CMM2*
APN
6336-013-010
UPID
US09-6455793
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CMM2* · Commerce, CAZoning CMM2* · permitted uses
CMM2* · Commerce, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.26 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CMM2*
Jurisdiction
Commerce, CA
Recorded code
CMM2*
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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