Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    7949 Ajay Dr Sun Valley, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial property with large secure yard area near Burbank Airport.

    Type:INDUSTRIAL
    Property size:
    11,000 SF
    Lot size:
    0.54 Acres
    Added:
    May 8, 2025
    Days on Market:
    357
    Last Refresh:
    Apr 5 at 8:09 pm

    Property Features for 7949 Ajay Dr

    General Information

    Standard status
    Active
    Size
    11,000 SF
    Lot size
    0.54 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 7949 Ajay Dr Contact us

    We can help!

    Listing Contact
    Mike Centurioni

    Listing agent Mike Centurioni

    Listing office Delphi Business Properties, Inc.

    Listing date May 8, 2025

    Source Moodyscre

    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 Delphi Business Properties, Inc.

    Overview

    Industrial Space Near Burbank Airport

    This industrial property, situated in a business park setting, offers approximately 11,000 square feet of space. A notable feature of the property is its large, secure yard area. The property is located in close proximity to Burbank Airport.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Sun Valley
    County
    Los Angeles
    State
    California
    Longitude
    -118.247
    Latitude
    33.9698

    Nearby Similar for Lease

    • Contact for pricing

      Glenoaks Business Park Flex Space

      Multi-tenant complex with office and industrial space for lease.
      9820 Glenoaks Blvd, Sun Valley, CA, 91352
      View Details
    • $1.73 SF/Yr

      Sun Valley Industrial Space Available

      4,900 SF industrial space with excellent freeway access.
      9003 Norris Avenue, Sun Valley, CA 91352
      View Details
    • $1.55 SF/Yr

      Sun Valley Warehouse with Yard

      Freestanding warehouse with paved yard and electric gate.
      7648-7654 San Fernando Rd, Sun Valley, CA
      View Details
    • $1.00 SF/Yr

      Renovated Warehouse/Manufacturing Facility For Rent

      Warehouse/Manufacturing facility with freeway access and fenced yard.
      8828 Lankershim Blvd, Sun Valley, CA
      View Details
    • $1.00 SF/Yr

      Industrial Building with Main Street Frontage

      Freestanding industrial building suitable for distribution or manufacturing.
      8818-8820 Lankershim Blvd, Sun Valley, CA
      View Details
    • Contact for pricing

      Free Standing Building For Rent

      3200 SF building with large fenced and paved yard.
      9118-9120 Glenoaks Boulevard, Sun Valley, CA, 91352
      View Details
    • Contact for pricing

      High Image Multi-Tenant Complex

      Clean, high-image multi-tenant complex with excellent parking and loading.
      9862 Glenoaks Boulevard, Sun Valley, CA, 91352
      View Details
    • $1.65 SF/Yr

      Industrial Space for Lease

      Industrial property available for lease at Clybourn Avenue.
      7680 Clybourn Ave, Sun Valley, CA 91352
      View Details
    • $1.55 SF/Yr

      Sun Valley Warehouse Space Available

      High-image corporate HQ facility with dock and ground level loading.
      8963-8969 Bradley Ave, Sun Valley, CA
      View Details
    • Contact for pricing

      Sun Valley Commercial Property

      9,500 sqft commercial space available for rent in Sun Valley.
      11134 Saticoy St, Sun Valley, CA 91352
      View Details
    • $1.50 SF/Yr

      Sun Valley Flex/Industrial Space

      Multi-tenant complex with office space, excellent parking and access.
      9800-9832 Glenoaks Blvd, Sun Valley, CA
      View Details
    • $1.05 SF/Yr

      Sun Valley Flex/Industrial Space

      Flex/industrial space with office and potential dock doors for rent.
      7990 San Fernando Rd, Sun Valley, CA
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property with large secure yard area near Burbank Airport.
    Where is this industrial property located?
    The property is located at 7949 Ajay Dr Sun Valley, CA.
    What is the lease rate?
    The lease rate is $1.65 SF/Yr.
    What are key features of this property?
    This property features: Large secure yard area for your peace of mind.; Near Burbank Airport, offering convenient travel options.; Business park setting.
    (310) 245-9579 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mike Centurioni
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!