Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2335 Cherry Industrial Cir Long Beach, CA 90805-4416
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2335 Cherry Industrial Cir Long Beach, CA 90805-4416

    View on Map
    • Warehouses
    • 17,748 SF
    • 1.52 lot acres
    Off-Market
    Property ID
    US10-0446160
    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.
    Value Estimations
    $3,640,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Duthie Power Services / Hardware & Home Improvement / Building Supply

    Property Details for 2335 Cherry Industrial Cir

    Year built
    1969
    Construction
    TILT-UP CONCRETE
    Lot size
    1.52 lot acres
    Property size
    17,748 SF
    Zone code
    LBIM
    Property type
    Warehouses
    APN
    7157-014-014
    APU
    7157014014

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,195,000
      6.5%
      $3,875,000
      7%
      $3,600,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,524,000
      Market price range: $340k - $2.60M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,930,000
      Current use
      AUTO REPAIR, GARAGE
      $5,615,000
      Change: +14% Conversion: Easy
      RETAIL STORES
      $4,610,000
      Change: -7% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.165
    Latitude
    33.858
    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
    $68,929
    $4,288,807
    $1,072,201
    $5,361,008
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,795,000
      39,280 SF

      6925 Atlantic Ave

      WAREHOUSE, STORAGE • 39,280 SF
      6925 Atlantic Ave, Long Beach, CA 90805-1415
      View Details
    • Value Estimation
      $3,705,000
      39,190 SF

      194 Artesia Blvd

      MINI-WAREHOUSE, STORAGE • 39,190 SF
      194 Artesia Blvd, Long Beach, CA 90805-2004
      View Details
    • Value Estimation
      $4,215,000
      40,360 SF

      129 Victoria St

      WAREHOUSE, STORAGE • 40,360 SF
      129 Victoria St, Long Beach, CA 90805-2162
      View Details
    • Value Estimation
      $4,260,000
      37,294 SF

      5880 Paramount Blvd

      WAREHOUSE, STORAGE • 37,294 SF
      5880 Paramount Blvd, Long Beach, CA 90805-3708
      View Details
    • Value Estimation
      $3,540,000
      24,837 SF

      2531 67th St

      WAREHOUSE, STORAGE • 24,837 SF
      2531 67th St, Long Beach, CA 90805-1701
      View Details
    • Value Estimation
      $20,885,000
      161,856 SF

      2500 Thompson St

      WAREHOUSE, STORAGE • 161,856 SF
      2500 Thompson St, Long Beach, CA 90805-1836
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,712 SF

      Corner Lot Warehouse/Retail/Showroom

      Remodeled warehouse/retail/showroom with cell site income potential.
      6150-6164 Cherry Ave, Long Beach, CA 90805
      View Details
    • Contact for pricing
      188,049 SF

      Warehouse Distribution Facility For Sale

      188,049 SF warehouse with corporate offices and secured yard.
      100 W Victoria St, Long Beach, CA 90805
      View Details
    • Contact for pricing
      3,844 SF

      Mixed-Use Building Near Freeways

      Freeway-adjacent mixed-use building suitable for retail, office, warehouse, or lab.
      1131 E South St, Long Beach, CA 90805
      View Details
    • $1,499,999
      5,500 SF

      Long Beach Triplex Renovation Opportunity

      Triplex with owner-assisted renovation potential in Long Beach, California.
      1429 South St E, Long Beach, CA 90805
      View Details
    • Contact for pricing

      Long Beach Warehouse with Yard

      10,112 SF building with fenced yard and freeway access.
      2330 East Cherry Industrial Cir, Long Beach, CA 90805
      View Details
    • Contact for pricing
      304,344 SF

      New Logistics Facility Coming Soon

      New best-in-class logistics facility with 40' clearance.
      5910 Cherry Ave, Long Beach, CA 90805
      View Details

    Similar Nearby for Lease

    • $0.99 SF/Yr
      3,326 SF

      Long Beach Warehouse Space Available

      Warehouse space for lease with freeway access and main street frontage.
      2300-2370 E Artesia Blvd, Long Beach, CA 90805
      View Details
    • Contact for pricing
      7,200 SF

      Long Beach Warehouse Space Available

      Warehouse space with ground level access and truck well.
      2300 E Curry St, Long Beach, CA 90805
      View Details
    • Contact for pricing
      415,312 SF

      Distribution Warehouse with Freeway Visibility

      415,312 SF distribution warehouse with immediate occupancy available for lease.
      2400 E Artesia Blvd, Long Beach, CA 90805
      View Details
    • $12,000 /Mo
      5,500 SF

      Long Beach Mixed-Use Triplex

      Triplex with build-out opportunity in Long Beach, California.
      1429 South St E, Long Beach, CA 90805
      View Details
    • Contact for pricing
      29,895 SF

      Industrial Warehouse with Freeway Access

      Freestanding warehouse with loading docks and freeway access.
      6945 Atlantic Ave, Long Beach, CA 90805
      View Details
    • Contact for pricing
      35,904 SF

      Long Beach Industrial Building For Lease

      Two-story industrial building with freight elevator available for lease.
      2280 E Curry St, Long Beach, CA 90805
      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.
    2335 Cherry Industrial Cir
    Long Beach, CA 90805-4416
    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.
    Sign Up Successful!
    You now have access to more from Realmo!