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Property profile & analytics

2876 Vail Ave Commerce, CA 90040-2614

  • Warehouses
  • 22,000 SF
  • 1.01 lot acres
OFF-MARKET
Last Sale
Aug 22, 2024
$5,720,000
Value Estimations
Cap Rate Potential
Location Intelligence
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.

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
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  • CAP approach

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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
More about this property
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