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    Property profile & analytics
    OFF-MARKET Estimated value $4,850,000
    Warehouses

    2876 Vail Ave, Commerce, CA 90040-2614

    22,000 SF 1.01 ac lot Built 1956
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-6411635
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1956
    Construction TILT-UP CONCRETE
    Total area 22,000 SF
    Lot 1.01 ac (44,186 SF)
    Zoning code CMM2*
    APN 6354-037-003
    UPID US09-6411635
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $4.41M
    Comparable Approach Comparable
    $3.56M
    Blend (final) Blend
    $4.85M
    Owner & transaction history
    Vail Real Estate Holding LLC · 1 yrs held
    Vail Real Estate Holding LLC
    since 2024
    Last sale
    $5.7M
    3 recorded transactions
    2024
    $5.7M
    2021
    2018
    Zoning & alternative use
    CMM2* · Commerce, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $6.8M +17.0%
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