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650 N Broad Ave 5,500 SF 100% Leased Industrial Building Wilmington, CA 90744 $2,000,000 ($363.64/SF) 7% Cap Rate


Executive Summary
Rare industrial opportunity in Wilmington! This 5,500 sq. ft. freestanding industrial building is offered at $2,000,000 and is ideally located near the Port of Los Angeles with convenient access to the 110, 710, and 405 freeways.
The property features a high-clearance warehouse, roll-up loading access, an open and versatile floor plan, and ample storage. Ideal for warehousing and distribution, contractor operations, pipe and plumbing supply, light manufacturing, and other permitted industrial uses.
Potential for state and locally licensed cannabis operations, subject to all required city approvals, zoning regulations, and licensing requirements. Buyer to independently verify all zoning, permitted uses, and suitability for their intended use.
The property features a high-clearance warehouse, roll-up loading access, an open and versatile floor plan, and ample storage. Ideal for warehousing and distribution, contractor operations, pipe and plumbing supply, light manufacturing, and other permitted industrial uses.
Potential for state and locally licensed cannabis operations, subject to all required city approvals, zoning regulations, and licensing requirements. Buyer to independently verify all zoning, permitted uses, and suitability for their intended use.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Yard
Utilities
- Lighting
- Heating
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7423-013-030 | Improvements Assessment | $295,449 |
| Land Assessment | $206,809 | Total Assessment | $502,258 |
Property Taxes
Parcel Number
7423-013-030
Land Assessment
$206,809
Improvements Assessment
$295,449
Total Assessment
$502,258
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650 N Broad Ave
