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    111 W Lemon Ave Monrovia, CA 91016

    For Lease
    Contact for pricing

    Ready-to-operate lab and office space available for lease.

    Property size:
    24,962 SF
    Lot size:
    0.55 Acres

    Property Features for 111 W Lemon Ave

    General Information

    Size
    24,962 SF
    Lot size
    0.55 Acres

    Source: CBRE Agent Natalie Bazarevitsch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equipped Lab and Office Space

    This 24,962 square foot property features a fully equipped lab space ready for immediate operation. The layout includes 37 lab stations, 63 offices, chemical hoods, and a cold room. Mobile laboratory benches and chairs are provided, along with 27 private offices and an open bullpen area. Additional features include a presentation room, conference room, mobile storage cabinets, an executive office, and a print/copy area, as well as a storage area. Located in Monrovia, CA, this property is suitable for businesses requiring both laboratory and office facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Old Town Monrovia ... Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.0018044
    Latitude
    34.1472762

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    FAQs

    What type of property is this?
    Office space - Ready-to-operate lab and office space available for lease.
    Where is this office space located?
    The property is located at 111 W Lemon Ave Monrovia, CA.
    What are key features of this property?
    This property features: - Fully equipped lab space ready for immediate operation.; - Boasts **37 lab stations and chemical hoods**.; - Features 63 offices (27 private and open bullpen).
    (818) 502-6723
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    Realmo Value Estimation

    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.

    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.

    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
    111 W Lemon Ave Monrovia, CA 91016
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