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

    16340 Roscoe Blvd Van Nuys, CA

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

    Second floor office/medical suite available for lease.

    Type:OFFICE
    Property size:
    5,139 SF
    Lot size:
    7.48 Acres
    Added:
    May 16, 2022
    Days on Market:
    1441
    Last Refresh:
    Apr 5 at 8:22 pm

    Property Features for 16340 Roscoe Blvd

    General Information

    Standard status
    Active
    Size
    5,139 SF
    Lot size
    7.48 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 16340 Roscoe Blvd Contact us

    We can help!

    Listing Contact
    Jacob Mumper

    Listing agent Jacob Mumper

    Listing office Colliers

    Listing date May 16, 2022

    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 Colliers

    Overview

    Van Nuys Office/Medical Suite

    This property offers a second-floor office or medical suite available for lease. The space encompasses 5139 square feet and is located in Van Nuys, CA.
    Location Intelligence

    Current Use by Public Records

    Scenario Cockram USA, ... Construction Company 16300 Roscoe Boulevard ... Professional Services Phlebotomy Training Specialists Vocational School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Van Nuys
    County
    Los Angeles
    State
    California
    Longitude
    -118.488
    Latitude
    34.2211

    Nearby Similar for Lease

    • $6,000/Mo

      Van Nuys Commercial Lot Lease

      Large lot with 4,212 SF space for lease.
      16955 Sherman Way, Van Nuys, CA 91406
      View Details
    • $30 SF/Yr

      5535 Balboa Blvd

      Office space with building signage, near freeways and amenities.
      5535 Balboa Blvd # # # #, Unit 220, Encino, CA 91316
      View Details
    • $2,200/Mo

      Van Nuys Commercial Space Available

      Office/retail space available in Van Nuys, CA. 900 square feet.
      7600 BALBOA Boulevard, Van Nuys, CA 91406
      View Details
    • $1.75 SF/Yr

      Production Studio with Green Screens

      Fully built production studio with green screens and offices.
      14801B Oxnard Street, Van Nuys, CA 91411
      View Details
    • $2 SF/Yr

      Renovated Office Units with Parking

      Recently remodeled office spaces in a quiet business park.
      15904 Strathern St, Van Nuys, CA 91406
      View Details
    • $2,100/Mo

      Van Nuys Commercial Property

      Store front commercial property on Van Nuys Blvd. Close to freeways.
      6853 Van Nuys Blvd, Van Nuys, CA 91405
      View Details
    • $1,575/Mo

      Van Nuys Office Space Available

      Multiple office buildings for lease in a high-traffic area.
      14723 - 14825 Oxnard Street, Van Nuys, CA 91411
      View Details
    • $0.99 SF/Yr

      Van Nuys Warehouse with Showroom

      Industrial space with office, warehouse, and showroom near airport.
      7050 Valjean Avenue, Van Nuys, CA, 91406
      View Details
    • $2 SF/Yr

      Van Nuys Flex/Industrial Unit

      5,220 SF flex/industrial unit for lease in Van Nuys.
      7502 - 7536 Tyrone Ave, Van Nuys, CA 91405
      View Details
    • $21 SF/Yr

      Renovated Industrial Spaces for Lease

      Recently renovated industrial spaces with AC available for lease.
      7933 Gloria Ave & 15901 - 15923 Blythe St, Van Nuys, CA 91406
      View Details
    • $3,500/Mo

      Van Nuys Flex/Industrial Space

      Flex/industrial space near 405 Freeway and Van Nuys Airport.
      7646 Densmore Ave unit A1, Van Nuys, CA 91406
      View Details
    • $3 SF/Yr

      Van Nuys Office Space Available

      Office building with high visibility, covered parking, and excellent access.
      14500 Roscoe Blvd | Van Nuys, CA 91402, CA 91402
      View Details

    FAQs

    What type of property is this?
    Office units - Second floor office/medical suite available for lease.
    Where is this office units located?
    The property is located at 16340 Roscoe Blvd Van Nuys, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 2nd floor location; Office suite; Medical suite
    (818) 325-4119 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jacob Mumper
    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!