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    Alhambra Warehouse/Flex Space Available Title is generated by Realmo AI

    2008 Orange Street, Alhambra, CA 91803

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    Commercial Lease - Alhambra, CA

    Property size:
    12,470 SF
    Added:
    May 11, 2026
    Days on Market:
    2
    Last Refresh:
    May 12 at 9:06 am

    Property Features for 2008 Orange Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    5342018042
    Size
    12,470 SF

    Building Details

    Year built
    1979
    Architectural style
    Other

    We can help!

    Listing Contact
    Amy Wang
    Amy Wang

    Listing agent Amy Wang License #01349731

    Listing office High Ten Partners, Inc. 1611 S. Garfield Ave., Alhambra, CA

    Listing date May 11, 2026

    MLS# AR26102650 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Best deal on the market at $1.45/sf NNN.
    • Approx. 10,070 sf of flexible industrial space suitable for various uses.
    • Convenient location in Alhambra's business corridor, close to Fwy 10.
    • Features include 3 private offices, 2 restrooms, and individual roll‑up dock door.
    • Ample parking with individual parking lot in the front and gated on‑site parking.
    • 18‑foot ceiling height.

    Overview

    Located in Alhambra's business corridor, this property offers approximately 10,070 square feet of industrial flex space for lease. The space features three private offices, two restrooms, and an individual roll-up dock door. An individual parking lot in the front provides ample parking. The property is suitable for light industrial, storage/distribution, e-commerce, small manufacturing, or contractor/service businesses. Situated on the corner of Orange Street and Palm Avenue, the building offers a blend of warehouse and office functionality with an 18-foot ceiling height. The location is convenient and in high demand, situated within a large gated on-site parking area. This versatile property may be ideal for distribution, showroom, R & D, assembly, or light manufacturing, or any business seeking a strategically located facility in the West San Gabriel Valley industrial corridor, close to Fwy 10.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chinese Bible International ... Church Alfa Box Jewelry Equipment Supplier L A Window Display ... Jewelry Equipment Supplier Bthree2 Clothing Store Diamond Promotion Masters ... Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Kogi Truck — 1400 W Main St, Alhambra, CA 91801

    Location Insight

    • Map
    • Local Demand
    City
    Alhambra
    County
    Los Angeles
    State
    California
    Longitude
    -118.1453419
    Latitude
    34.0838829

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    FAQs

    What type of property is this?
    Flex space - Prime industrial flex space for lease in Alhambra.
    Where is this flex space located?
    The property is located at 2008 Orange Street Alhambra, CA.
    What are key features of this property?
    This property features: Best deal on the market at $1.45/sf NNN.; Approx. 10,070 sf of flexible industrial space suitable for various uses.; Convenient location in Alhambra's business corridor, close to Fwy 10.
    (626) 625-5575
    We can help!
    Listing Contact
    Amy Wang
    Amy Wang
    Real Estate License ID: 01349731
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    2008 Orange Street, Alhambra, CA 91803
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