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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5106 Washington Blvd Commerce, CA 90040-1239

    • Warehouses
    • 14,388 SF
    • 1.18 lot acres
    OFF-MARKET
    Last Sale
    Nov 08, 2022
    Value Estimations
    $2,470,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7036269
    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 5106 Washington Blvd

    Year built
    1957
    Construction
    WOOD
    Lot size
    1.18 lot acres
    Property size
    14,388 SF
    Zone code
    CMM2*
    Property type
    Warehouses
    APN
    5244-034-018
    APU
    5244034018

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,615,000
      6.5%
      $3,340,000
      7%
      $3,100,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,800,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.169
    Latitude
    34.003
    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
    $31,651
    $2,043,833
    $416,379
    $2,460,212
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,835,000
      16,749 SF

      5361 Alexander St

      WAREHOUSE, STORAGE • 16,749 SF
      5361 Alexander St, Commerce, CA 90040-3062
      View Details
    • Value Estimation
      $3,605,000
      25,000 SF

      5540 Hbr St

      WAREHOUSE, STORAGE • 25,000 SF
      5540 Hbr St, Commerce, CA 90040-1419
      View Details
    • Value Estimation
      $7,350,000
      70,620 SF

      Los Angeles, CA 90040

      WAREHOUSE, STORAGE • 70,620 SF
      Los Angeles, CA 90040
      View Details
    • Value Estimation
      $2,240,000
      19,966 SF

      2267 Yates Ave

      WAREHOUSE, STORAGE • 19,966 SF
      2267 Yates Ave, Commerce, CA 90040-1913
      View Details
    • Value Estimation
      $4,650,000
      44,250 SF

      Los Angeles, CA 90040

      WAREHOUSE, STORAGE • 44,250 SF
      Los Angeles, CA 90040
      View Details
    • Value Estimation
      $3,630,000
      33,540 SF

      6511 Telegraph Rd

      WAREHOUSE, STORAGE • 33,540 SF
      6511 Telegraph Rd, Commerce, CA 90040-2517
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commerce Warehouse with Fenced Yard

      27,500 sqft warehouse with frontage and convenient freeway access.
      3510 Garfield Ave, Commerce, CA 90040
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    • $13,000,000
      40,024 SF

      Freestanding Industrial Building in Commerce

      40,110 SF industrial building on 72,571 SF parcel.
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      Free Standing Warehouse For Sale

      24,968 SF concrete tilt-up building on 1.01 acres.
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    • $8,146,000
      29,623 SF

      Warehouse/Distribution Property For Sale

      Warehouse/Distribution property in a prime commerce location.
      6400 Fleet St, Los Angeles, CA 90040
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    • $25,016,583
      139,500 SF

      Commerce Warehouse with Freeway Access

      Large industrial warehouse with immediate freeway access and heavy power.
      2638-2640 Yates Ave, Commerce, CA 90040
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    • $1,500,000
      4,154 SF

      Commerce Commercial Property on Corner

      Versatile commercial property with warehouse and retail storefront.
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    Similar Nearby for Lease

    • Contact for pricing

      Commerce Industrial Space Available

      Industrial space available for lease in Commerce, California.
      6465 Corvette St, Commerce, CA 90040
      View Details
    • $1.15 SF/Yr
      27,000 SF

      Racked Warehouse Space Available

      19,000 SF racked warehouse space with gated yard.
      6541 E Washington Blvd, Commerce, CA 90040
      View Details
    • $1.70 SF/Yr
      2,592 SF

      Commerce Flex Space Available

      Flex space available with freeway access and street frontage.
      3300-3328 S Garfield Ave, Commerce, CA 90040
      View Details
    • Contact for pricing
      39,186 SF

      Industrial Building with Showroom

      Industrial building featuring showroom, office space, and private yards.
      2240 Garfield Ave, Commerce, CA 90040
      View Details
    • $1.29 SF/Yr

      Commerce Warehouse with Fenced Yard

      Clean, newly constructed warehouse space with pallet racks and yard.
      2626 S Malt Ave, Commerce, CA 90040
      View Details
    • $1.15 SF/Yr

      Commerce Warehouse with Fenced Yard

      Warehouse with large fenced yard and easy freeway access.
      6560 Bandini Blvd, Commerce, CA 90040
      View Details
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    5106 Washington Blvd
    Commerce, CA 90040-1239
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    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
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