Commercial Land in Torrance, California, offers a unique investment opportunity for those looking to capitalize on the city's strategic location and growing economy. With 9 listings available, Commercial Land in Torrance presents a diverse range of investment options, from retail and office spaces to industrial and manufacturing facilities. As a hub for automotive manufacturing, aerospace, and food production, Torrance attracts a diverse range of businesses, making it an attractive location for investors. The city's infrastructure, including Zamperini Field airport, highways, and freeways, provides easy access to major markets, while its 30 parks, nature preserve, and beachfront offer a unique quality of life. With amenities like Torrance Memorial Medical Center, Little Company of Mary Hospital, and the Del Amo Fashion Center, Torrance provides a well-rounded environment for businesses to thrive. Additionally, the city's proximity to Los Angeles International Airport and Long Beach Airport makes it an ideal location for companies with global connections.
Torrance's Commercial Land market offers a range of opportunities, from small parcels to large tracts of land. With an average price per square foot of and an average size of 9,558 square feet, investors can find properties that fit their specific needs. The largest available property spans 9,558 square feet, providing ample space for large-scale developments. With an average cap rate of , Commercial Land in Torrance offers a competitive return on investment. In addition to Commercial Land, Torrance also offers other property types, including office spaces, retail stores, and industrial facilities, each with its unique characteristics and investment opportunities. Overall, Torrance's Commercial Land market presents a compelling investment opportunity for those looking to capitalize on the city's growth and development.
What are common commercial uses for land in the Torrance market?
In the Torrance market, common commercial uses for land include retail, food production, and automotive manufacturing, with major corporations like American Honda Motor Company, Acura, and King's Hawaiian having a significant presence in the area. Additionally, the city's diverse economic landscape also supports industries like aerospace, with companies like Robinson Helicopters and Honeywell's Garrett turbochargers, as well as healthcare services, with facilities like Torrance Memorial Medical Center and Little Company of Mary Hospital.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Torrance, California, there are several common ways to do so. For instance, investors can buy land directly from a seller, work with a real estate agent or broker, or purchase land at an auction, and it's essential to understand the process, which is outlined in our article on how to buy land, to ensure a smooth transaction.
