Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2393 Bateman Ave Duarte, CA 91010-3313

    • Warehouses
    • 63,444 SF
    • 3.29 lot acres
    OFF-MARKET
    Last Sale
    Dec 29, 2021
    $23,076,730
    Value Estimations
    $24,965,000
    Show details
    Cap Rate Potential
    3%
    Warehouses
    Location Intelligence
    Property ID
    US09-6351103
    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

    • Human Ingenuity Inc. / Factory / Production Facility
    • SINFREESUGAR / Factory
    • C2T Corporation / Marketing & Advertising
    • Baxco Pharmaceutical, Inc. / Factory / Production Facility

    Property Details for 2393 Bateman Ave

    Year built
    2005
    Construction
    TILT-UP CONCRETE
    Lot size
    3.29 lot acres
    Property size
    63,444 SF
    Zone code
    IRM2*
    Property type
    Warehouses
    APN
    8533-001-064
    APU
    8533001064

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $27,470,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $26,241,000
      Market price range: $9.96M - $26.2M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $16,730,000
      Current use
      MEDICAL BUILDING
      $28,840,000
      Change: +72% Conversion: Difficult
      RESTAURANT
      $28,500,000
      Change: +70% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $21,490,000
      Change: +28% Conversion: Easy
      COMMERCIAL (GENERAL)
      $19,605,000
      Change: +17% Conversion: Difficult
      RETAIL STORES
      $19,090,000
      Change: +14% Conversion: Moderate
      OFFICE BUILDING
      $16,275,000
      Change: -3% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Duarte
    County
    Los Angeles
    State
    California
    Longitude
    -117.986
    Latitude
    34.1184
    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
    $319,297
    $18,311,040
    $5,722,200
    $24,033,240
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,050,000
      25,250 SF

      2390 Bateman Ave

      WAREHOUSE, STORAGE • 25,250 SF
      2390 Bateman Ave, Duarte, CA 91010-3312
      View Details
    • Value Estimation
      $5,585,000
      61,590 SF

      2310 Central Ave, Unit 20

      MINI-WAREHOUSE, STORAGE • 61,590 SF
      2310 Central Ave, Duarte, CA 91010-2927
      View Details
    • Value Estimation
      $1,810,000
      10,500 SF

      2399 Miguel Miranda Ave

      WAREHOUSE, STORAGE • 10,500 SF
      2399 Miguel Miranda Ave, Duarte, CA 91010-3319
      View Details
    • Value Estimation
      $1,500,000
      14,197 SF

      2040 Central Ave

      WAREHOUSE, STORAGE • 14,197 SF
      2040 Central Ave, Duarte, CA 91010-2913
      View Details
    • Value Estimation
      $5,400,000
      64,300 SF

      2340 Central Ave

      MINI-WAREHOUSE, STORAGE • 64,300 SF
      2340 Central Ave, Duarte, CA 91010-2919
      View Details
    • Value Estimation
      $7,285,000
      70,890 SF

      1716 Evergreen St

      WAREHOUSE, STORAGE • 70,890 SF
      1716 Evergreen St, Duarte, CA 91010
      View Details

    Similar Nearby for Sale

    • $2,400,000
      6,000 SF

      Duarte Industrial Flex/R&D Warehouse

      6,000 SF industrial flex/R&D warehouse in Duarte, CA.
      845 Meridian St, Duarte, CA 91010
      View Details
    • Contact for pricing
      9,860 SF

      Free Standing Warehouse with Yard

      Warehouse with dock high loading, storage yard, and gated entry.
      16336 Arrow Hwy, Irwindale, CA 91010
      View Details
    • Contact for pricing
      19,200 SF

      Industrial Buildings with Arrow Highway Frontage

      Two industrial buildings with flexible spaces and fenced yard.
      16252-16262 Arrow Hwy, Irwindale, CA 91010
      View Details
    • Contact for pricing
      3,035 SF

      Irwindale Warehouse with Freeway Access

      Warehouse property near 605 Freeway, remodel upgrade in progress.
      1412-1422 Arrow Hwy, Irwindale, CA 91010
      View Details
    • Contact for pricing
      9,677 SF

      Irwindale Industrial Building with Yard

      9,677 SF industrial building with fenced yard in Irwindale.
      15841 Business Center Dr, Irwindale, CA 91010
      View Details
    • Contact for pricing
      15,200 SF

      Freestanding Building with Freeway Access

      Freestanding 15,200 SF building with excellent freeway access.
      1849 Business Center Dr, Duarte, CA 91010
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      900 SF

      Industrial Unit Near 210 Freeway

      Industrial flex space with office area and convenient freeway access.
      1400 Mountain Ave, Duarte, CA 91010
      View Details
    • $9,900 /Mo
      6,000 SF

      Duarte Industrial R&D Warehouse

      6,000 SF stand-alone industrial building with clean room.
      845 Meridian St, Duarte, CA 91010
      View Details
    • Contact for pricing
      32,476 SF

      Irwindale Freestanding Warehouse For Rent

      Freestanding warehouse with office space and ample parking.
      12781 Schabarum Ave, Irwindale, CA 91010
      View Details
    • Contact for pricing
      37,447 SF

      Modern Warehouse with Racked Storage

      Irwindale warehouse sublease with racking, office, and freeway access.
      16213 Arrow Hwy, Irwindale, CA 91010
      View Details
    • Contact for pricing
      79,691 SF

      Irwindale Warehouse with Secured Yard

      79,691 SF warehouse with office and secured yard.
      5589 Ayala Ave, Irwindale, CA 91010
      View Details
    • Contact for pricing
      2,079 SF

      Irwindale Business Center Flex Space

      Flex space in master-planned business park with freeway access.
      4981 Irwindale Ave, Irwindale, CA 91010
      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.
    2393 Bateman Ave
    Duarte, CA 91010-3313
    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!