500 E Oaks St Compton, CA 90221

This exceptional 71,000 square foot industrial property, located at 500 E Oaks St, Compton, CA 90221, is offered at $12,000,000. The property sits on a substantial 139,032 square foot lot, providing ample space for various uses. Currently vacant upon close of escrow, this presents a unique opportunity for an owner-user seeking a light industrial space or a developer looking for a redevelopment project. The property is zoned for distribution, manufacturing, and warehouse purposes, offering considerable flexibility. The asking price of $12,000,000 translates to $169.01 per square foot, reflecting the property's strategic location in Los Angeles County and its significant size. Situated in Compton, California, this property benefits from convenient access to major transportation arteries, making it an ideal location for businesses requiring efficient logistics and distribution networks. The property's large lot size also offers potential for future expansion or additional development. This is a prime opportunity to acquire a substantial industrial property in a thriving Southern California market. Serious inquiries are encouraged.