Demisable Flex/Industrial
11239 Ilex Ave Pacoima, CA 91331
New
For Sale
Contact for pricing
Free-standing, fully fenced M-1 building with heavy 3-phase power and two front entrances.
Property Size5,040 SF
Price / SF$257.94
Days on Market7
Property Features for 11239 Ilex Ave
General Information
Standard status
Active
Size
5,040 SF
Property subtype
INDUSTRIAL
Listing Agency:
RE/MAX of Santa Clarita - Crissman Commercial Services
(661) 993-9873
Listed By:
Aaron Avila
(661) 993-9873
Source:
Moodyscre
Added: Jul 23
Changed: Jul 27
Last Checked: Jul 28 at 2:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX of Santa Clarita - Crissman Commercial Services
Investment Insights
Based on property information with market context.
Free-standing flex/industrial building on an M-1 site with perimeter fencing. The property includes heavy 3-phase electrical service (600 amps) and can be easily demised, making it suitable for flexible occupancy or potential multi-tenant configuration. In the half configuration, there are two front doors with office space included on each side.
The site offers easy freeway access for freight and customer convenience. It also presents an owner-user opportunity with the possibility of adding an additional tenant.
The building is available for sale and features a layout designed to support separate front entrances and office areas within the demisable arrangement.
The site offers easy freeway access for freight and customer convenience. It also presents an owner-user opportunity with the possibility of adding an additional tenant.
The building is available for sale and features a layout designed to support separate front entrances and office areas within the demisable arrangement.
Key Highlights
- Free‑standing building with M‑1 zoning and fully fenced property
- Heavy power available with 3‑phase service and 600 amps
- Easy freeway access
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.6k | $18.96 |
| − Vacancy | −$6.1k | −$1.21 |
| EGI | $89.4k | $17.75 |
| − OpEx | −$26.8k | −$5.32 |
| NOI | $62.6k | $12.42 |
5,040 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$894.4K
$782.6K – $1.04M
NOI $62,610 @ 7.0% cap · market cap 4.82%
Second Best
Flex RnD
$830.5K
$726.7K – $969.0K
NOI $58,138 @ 7.0% cap · market cap 4.47%
Theoretical Best
Multifamily LT 5
$102.11M
$89.34M – $119.13M
NOI $7,147,516 @ 7.0% cap · market cap 549.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Maravilla Latin Cuisine Catering Co — 11395 Bradley Ave, Pacoima, CA 91331
- Magaly’s Tamales & Mexican Grill — 134 N Maclay Ave, San Fernando, CA 91340
Frequently Asked Questions
What type of property is this?
Flex space - Free-standing, fully fenced M-1 building with heavy 3-phase power and two front entrances.
Where is this flex space located?
The property is located at 11239 Ilex Ave Pacoima, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Free‑standing building with M‑1 zoning and fully fenced property; Heavy power available with 3‑phase service and 600 amps; Easy freeway access
