Development Opportunity available at the 4.2 acre site at 2403 E. 223rd St. in Carson, CA
Available: ±182,746 SF / ±4.2 acres of Land
Price: $9.8M
Zoning: Commercial Automotive
APNs: 7315-012-002, & 7315-012-804
• Carson Auto Row
• Permitted Uses Include Sales, Service, Rental & Leasing of*: Automobiles, Recreation Vehicles, Trucks, Motorcycles Permitted Uses Click Here
• Low Business License Fees & Utility Taxes
• Freeway Visibility: ±310,000 Average Daily Volume
*Provided special limitations
The Los Angeles - Long Beach Industrial Real Estate Market Report for the fourth quarter of 2022.
The Los Angeles industrial real estate market is one of the most active and sought after in the United States. It is a diverse market, ranging from smaller facilities to large, modern distribution centers. The demand for industrial space in Los Angeles has remained strong due to the city's strategic location, growing population, and thriving economy. The Los Angeles industrial real estate market has also benefited from the rise of e-commerce, as online shopping has led to an increased demand for warehouse and distribution facilities. While the COVID-19 pandemic has had an impact on many industries, the industrial sector has remained resilient, with strong leasing activity and a stable vacancy rate. Overall, the Los Angeles industrial real estate market presents many opportunities for investors, developers, and tenants alike.
The Los Angeles industrial real estate market in the fourth quarter of 2022 was strong, with robust demand and limited supply leading to higher rental rates and lower vacancies. The e-commerce sector continued to drive demand for warehouse and distribution space. Overall, the market was characterized by a favorable balance between supply and demand, with positive outlook for the future.
The 1st Quarter of 2021 saw the continued lack of inventory in the Industrial Real Estate Market leading to the market to carry on with increasing in lease rates and sale prices.
The shortage of warehouse and industrial space available for lease and sale persisted in the 1st quarter of 2021. The continued rise of e-commerce has led to demand for industrial space to outstrip supply. Additionally, low interest rates have led to the average sale price to increase by... CLICK BELOW FOR FULL REPORT
In a up and down year, our latest report shows Industrial Real Estate closed strong in the 4th quarter of 2020.
While the Office and Retail sectors struggled in Commercial Real Estate, Industrial thrived. Inventory decreased and e-commerce continues to drive the hot Industrial and Warehouse segments.
