5807 Smithway StLos Angeles, CA 90040

Property Details for 5807 Smithway St

Year built

2004

Construction

TILT-UP CONCRETE

Lot size

3.29 AC

Property size (Sq ft)

68,854 SF

Zone code

CMM2*

Property type

Manufacturing properties

APN

6336-024-016

APU

6336024016

Description

This exceptional Class A industrial property, located at 5807 Smithway St, Commerce, CA 90040 (Smithway St/Leo Ave), offers 74,050 square feet of versatile warehouse and distribution space. Built in 2005, this two-story building boasts a 30-foot ceiling height, providing ample storage capacity. The property features seven dock-high doors for efficient loading and unloading, and substantial power at 600 amps. The zoning is designated as M2. The Assessor's Parcel Number (APN) is 6336024016. This single-tenant property presents a significant opportunity for businesses seeking a strategically located, high-quality industrial space in the heart of Los Angeles. Potential tenants are responsible for verifying all aspects of the property, including but not limited to: permitted office space dimensions, building and land size, building age, ceiling clearance, power capacity, sprinkler system calculations, zoning regulations, permitted uses, parking availability, HVAC systems, and floor load capacity. Prospective tenants should secure the necessary business licenses and confirm zoning compliance and permitted uses before lease execution.

• CAP approach

  CAP return

  Valuation

  6%

  $41,974,400

  6.5%

  $38,745,600

  7%

  $35,978,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,949,200

  Geo Method

  $20,949,200

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $20,259,200

  Mixed-Use / Specialty

  $20,494,900

  Hospitality / Lodging

  $15,437,300

  Office

  $20,693,800

  Institutional / Educational

  $21,416,400

  Residential Income

  $25,057,200

  Multifamily

  $28,345,500

  Automotive / Energy

  $18,356,900

  Parking / Income-Based Land

  $6,030,580

  Restaurant / Food Service

  $11,316,600

  Healthcare / Senior Housing

  $20,701,400

Location Insight

City

Commerce

County

Los Angeles

State

California

Latitude

34.0057

Longitude

-118.147

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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