2876 Vail Ave Commerce, CA 90040-2614
Property profile & analytics
2876 Vail Ave Commerce, CA 90040-2614
- Warehouses
- 22,000 SF
- 1.01 lot acres
Property ID
US09-6411635
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 2876 Vail Ave
- Year built
- 1956
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.01 lot acres
- Property size
- 22,000 SF
- Zone code
- CMM2*
- Property type
- Warehouses
- APN
- 6354-037-003
- APU
- 6354037003
Description
This exceptional 22,000-square-foot industrial property, located at 2876 Vail Avenue in Commerce, California, presents a unique investment opportunity. Situated on a 1.01-acre lot, this building offers a compelling blend of manufacturing and warehouse space, ideal for owner-occupiers. The property features three dock-high doors, facilitating efficient loading and unloading operations. With a ceiling height of 14 feet, the space provides ample vertical clearance for various industrial uses. The building was constructed in 1956 and is zoned M2 - Heavy Industrial, allowing for a wide range of permitted activities. The asking price is $6,578,000, translating to a price per square foot of $299. The property is available for sale or lease under a triple net (NNN) lease agreement. While a lease commencement date of January 1st, 2025, is anticipated, the current lease term is negligible (0.1 years remaining). The property's location in Commerce, Los Angeles County, CA 90040 (APN 6354-037-003), offers excellent access to major transportation arteries, enhancing logistical efficiency. Interested parties should contact the listing agent for further details. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,770,000
- 6.5%
- $4,405,000
- 7%
- $4,090,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,560,000
Market price range: $3.56M - $8.14M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $5,810,000 Current use
- COMMERCIAL (GENERAL)
- $6,800,000 Change: +17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Los Angeles
- State
- California
- Longitude
- -118.131
- Latitude
- 33.9901
- 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
$10,383
$219,672
$355,391
$575,063
-
$0.00
$0.00
$0.00
