18701 Wilmington AveCarson, CA 90746

Property Details for 18701 Wilmington Ave

Year built

1985

Construction

TILT-UP CONCRETE

Lot size

5.77 AC

Property size (Sq ft)

111,200 SF

Zone code

CASP-1&ML*

Property type

Office buildings

APN

7319-006-010

APU

7319006010

Description

This exceptional 21.72-acre industrial campus in Los Angeles County presents a unique investment opportunity. The property boasts a substantial 946,123 square feet of land, offering significant development potential. The existing structures, totaling 946,123 square feet, are adaptable for various uses, including manufacturing, flex space, research and development, studio space, or technology companies. This versatile property allows for build-to-suit options, catering to specific business needs. Its strategic location offers significant advantages. Situated on a signalized corner lot, it provides excellent freeway access and is conveniently located near public transportation. The property's proximity to Los Angeles International Airport and the ports of Long Beach and Los Angeles further enhances its logistical appeal. With three street frontages, the property offers exceptional visibility and accessibility. This is an unparalleled chance to acquire a large-scale industrial property in a thriving business park environment, perfectly positioned for immediate success. The property is designated as single-tenant occupancy. The building floor area ratio (FAR) is 1. This presents a rare opportunity to acquire a significant industrial property in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $27,517,218

  6.5%

  $25,400,510

  7%

  $23,586,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $35,470,576

  Geo Method

  $35,470,576

• Alternative Use

  Use

  Valuation

  Residential

  $31,496,632

  Hospitality

  $28,850,746

  Educational

  $24,003,482

  Medical

  $24,828,998

  Retail

  $37,338,748

Location Insight

City

Carson

County

Los Angeles

State

California

Latitude

33.8601

Longitude

-118.236

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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