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Property profile & analytics
OFF-MARKET
Estimated value
$4,385,000
Manufacturing properties
724 Cowles St Long Beach, CA 90813-1419
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7627648
Property summary
AI-generated overview
This 21,300-square-foot industrial building in Long Beach, CA, is available for $5,500,000. Built in 1964 and renovated in 2020, this vacant property sits on a 0.81-acre lot and features five loading docks with five dock-high doors, offering 15 parking spaces and two secured paved yard areas. The building boasts 18' to 21' ceiling heights and upgraded heavy power (2,500A, 480/277V, 3φ, 4W). Its Long Beach - IG zoning allows for distribution, manufacturing, and warehouse uses. Ideally situated less than one mile from the Port of Long Beach, this property offers convenient access to the 710, 405, and Pacific Coast Highway freeways, providing easy access to all of Los Angeles County. Originally designed for two tenants with separate loading areas, this divisible building is perfect for owner-users or investors seeking a prime South Bay location. The APN is 7271-008-001 and the zip code is 90813.
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1964
Construction
TILT-UP CONCRETE
Total area
21,300 SF
Lot
0.81 ac (35,368 SF)
Zoning code
LBIG
APN
7271-008-001
UPID
US09-7627648
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
Current use
Occupant on record · Public records
-
Instakush Corporate Office
-
Case Farms Collective Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.06M
CAP Approach
CAP
$3.83M
Comparable Approach
Comparable
$3.60M
Blend (final)
Blend
$4.39M
Owner & transaction history
Cylinder Enterprises INC
Cylinder Enterprises INC
since 2026
7 recorded transactions
Zoning & alternative use
LBIG · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.7M
+26.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,055,000
ML approach
$5,055,000
CAP Approach
CAP Return
Estimation
6%
$4,150,000
6.5%
$3,830,000
7%
$3,555,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,320,000
Current use
AUTO REPAIR, GARAGE
$6,735,000
Change: +27% · Conversion: Easy
RETAIL STORES
$5,320,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$4.39M
Range $3.95M – $4.82M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$206 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$71,907
Tax year 2024
Assessed value
$5,530,018
Assessed 2024
Previous assessed
$5,530,018
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,187,291
Assessed improvement
$3,342,727
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
21,300 SF
Lot
0.81 ac (35,368 SF)
Zoning code
LBIG
APN
7271-008-001
UPID
US09-7627648
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIG · Long Beach, CA
Zoning LBIG · permitted uses
LBIG · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Long Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$6.7M
RETAIL STORES
Est. value
$5.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Cylinder Enterprises INC
Entity
Mailing address
570 LK COOK RD, DEERFIELD, IL 60015-5612
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
Cylinder Enterprises INC
Remington Land Ownership Group LLC
Deed
$3,407,000 · Business Finance Capital
Dec 23, 2025
$4,950,000
Remington Land Ownership Group LLC
Rb Loan Portfolio II LLC
Grant Deed
$4,140,000 · Security National Life Insurance Co
Jan 30, 2024
$7,500,000
Rb Loan Portfolio II LLC
Case Farms Collective
Trustees Deed
related
—
Dec 28, 2020
—
Case Farms Collective
—
Deed
related
$11,000,000 · Rb Loan Portfolio I LP
Feb 21, 2019
$5,056,500
Case Farms Collective
Miller Family Trust
Grant Deed
—
Feb 6, 2014
—
Miller Family Trust
Miller,christopher
Quit Claim Deed
related
—
Jan 30, 2014
—
Christopher Miller
Hollingsworth,hollis
Quit Claim Deed
related
—
Mar 3, 2005
—
Hollingsworth Miller Trust
Miller,christopher T
Quit Claim Deed
related
—
Jan 21, 2005
$1,600,000
Christopher T Miller
W W Grainger INC
Grant Deed
$1,200,000 · California Bank & Trust
Nov 2, 1990
$438,500
W W Grainger INC
Pacific Financia
Trustees Deed
—
Nov 2, 1990
$201,500
Financia Pacific
Taub Stephen
Grant Deed
related
—
—
—
Hollingsworth Miller Fam Trust
—
Deed Of Trust
related
$100,000 · Melvin G Caho
—
—
Miller Hollingsworth Fam Trust
—
Deed Of Trust
related
$1,245,000 · Bank Of The West
—
—
Case Farms Collective
—
Deed Of Trust
related
$11,000,000 · Rb Loan Portfolio I LP
—
—
Hollingsworth Miller Fam Trust
—
Deed Of Trust
related
$300,000 · California Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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