Sign Up Successful!
You now have access to more from Realmo!
    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

    8115 Canoga Ave Canoga Park, CA

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial property in Canoga Park, currently 100% leased.

    Lot size:
    1.50 Acres

    Property Features for 8115 Canoga Ave

    General Information

    Lot size
    1.50 Acres

    We can help!

    Listing Contact
    Patrick Reddy
    Source: Moodyscre

    Listing Agent: Patrick Reddy

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

    Learn more

    Overview

    Industrial Property Fully Leased

    The industrial property is located on Canoga Avenue in Canoga Park, CA. Currently, the property is 100% leased and has no availability.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Canoga Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.2468148
    Latitude
    33.9697897

    Nearby Similar for Lease

    • Contact for pricing

      Industrial Space in Canoga Park

      Multi-tenant industrial park with versatile spaces, ideal for various businesses.
      Eton Business Park, Canoga Park, CA 91304
      View Details
    • $1.32 SF/Yr
      13,697 SF

      Canoga Park Warehouse Space Available

      Warehouse space with private parking and multiple loading doors.
      7423 Deering Ave, Canoga Park, CA
      View Details
    • Contact for pricing
      1,232 SF

      New Industrial Units Available

      Newly constructed industrial property with compact, demised units for lease.
      7050 Deering Ave, Canoga Park, CA
      View Details
    • $1.79 SF/Yr
      1,755 SF

      Functional Office Space For Rent

      Well-maintained business park with functional office space and rear loading.
      8900 Eton Ave, Canoga Park, CA
      View Details
    • $1.69 SF/Yr
      4,512 SF

      Canoga Park Flex/Industrial Space

      Flex/industrial space in well-maintained business park, rear loading doors.
      8920-8934 Eton Ave, Canoga Park, CA
      View Details
    • $1.60 SF/Yr
      3,727 SF

      Warehouse or Manufacturing/Distribution Space

      Warehouse or manufacturing/distribution space in a business park environment.
      21251-21311 Deering Ct, Canoga Park, CA
      View Details
    • $1.60 SF/Yr
      2,300 SF

      Industrial Space with Secured Yard

      2,300 SF industrial unit with fenced yard for lease.
      21430 Strathern St, Canoga Park, CA 91335
      View Details
    • $2 SF/Yr
      2,100 SF

      Industrial Building with Pole Signage

      Small industrial building near commercial services with visible signage.
      21314-21316 Sherman Way, Canoga Park, CA 91335
      View Details
    • $3 SF/Yr
      9,130 SF

      Warner Center Medical & Modern Offices

      Medical and modern office spaces available for lease in Warner Center.
      21107-21115 Vanowen St, Canoga Park, CA 91303
      View Details
    • $1.35 SF/Yr
      9,624 SF

      Canoga Park Warehouse with Yard

      Freestanding warehouse with a large secured yard and canopy.
      7946 Alabama Ave, Canoga Park, CA
      View Details
    • $1.25 SF/Yr
      6,600 SF

      Secure Warehouse Space Available

      Gated warehouse with 16' clearance and ground-level door.
      21520 Strathern St, Canoga Park, CA 91335
      View Details
    • $1.45 SF/Yr
      5,800 SF

      Freestanding Industrial Building For Lease

      Industrial building with 3-phase power and fenced yard.
      21600 Osborne St, Canoga Park, CA 91331
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property in Canoga Park, currently 100% leased.
    Where is this industrial property located?
    The property is located at 8115 Canoga Ave Canoga Park, CA.
    What are key features of this property?
    This property features: - 100% Leased; - No current availability
    (818) 986-9800
    Request Owner's contact information
    8115 Canoga Ave Canoga Park, CA
    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.
    8115 Canoga Ave
    Canoga Park, CA
    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
    8115 Canoga Ave Canoga Park, CA
    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

    We can help!
    Listing Contact
    Patrick Reddy
    (818) 986-9800
    Learn more
    Google sign-in failed. Please try again or use another login method.