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    Azusa Industrial Opportunity For Sale Title is generated by Realmo AI

    1061 W 5th St Portfolio, Azusa, CA

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    81,416 SF industrial property on 4.3 acres in Azusa.

    Type:INDUSTRIAL
    Property size:
    81,416 SF
    Lot size:
    4.30 Acres
    Price / SF:
    $172/SF
    Added:
    Jul 23, 2024
    Days on Market:
    690
    Last Refresh:
    May 19 at 8:55 pm

    Property Features for 1061 W 5th St Portfolio

    General Information

    Standard status
    Active
    Size
    81,416 SF
    Lot size
    4.30 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 1061 W 5th St Portfolio Contact us

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    Listing Contact
    Rustin Mork
    Rustin Mork

    Listing agent Rustin Mork License #1448642

    Listing office JLL

    Listing date Jul 23, 2024

    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 JLL

    HighLights

    • 81,416 SF on 4.3 Acres
    • Potential to Build ±80k SF New Industrial
    • Fully Paved & Fenced Yard / Heavy Power
    • Suitable for Warehouse, Manufacturing or Yard Uses
    • DH & GL Loading
    • 16'-20' Clear Heights

    Overview

    This industrial property in Azusa features 81,416 square feet of space on a 4.3-acre lot. The property is suitable for warehouse, manufacturing, or yard uses. It offers both dock-high and grade-level loading capabilities, with clear heights ranging from 16 to 20 feet. The site includes a fully paved and fenced yard, along with heavy power. There is potential to build approximately 80,000 square feet of new industrial space. This property presents an opportunity for an owner-user or development.

    Local Financial Insights For Warehouse

    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 $1.31M $16.08
    − Vacancy −$62.8k −$0.77
    EGI $1.25M $15.31
    − OpEx −$186.9k −$2.30
    NOI $1.06M $13.01
    81,416 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $15.13M
    $13.24M – $17.66M (±1% cap)
    NOI $1,059,380 @ 7.0% cap · market cap 7.55%
    Second Best
    Industrial
    $13.59M
    $11.89M – $15.86M (±1% cap)
    NOI $951,434 @ 7.0% cap · market cap 6.78%
    Theoretical Best
    Office A
    $43.59M
    $38.14M – $50.85M (±1% cap)
    NOI $3,051,287 @ 7.0% cap · market cap 21.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Big Box & Wholesale Store Pharmacy Gym & Fitness Center

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

    Similar Places Nearby

    • Personal Units 4U — 325 N Azusa Ave, Azusa, CA 91702
    • Azuka Storage Facility — 402 N Azusa Ave, Azusa, CA 91702
    • Extra Space Storage — 900 W Foothill Blvd, Azusa, CA 91702

    Location Insight

    • Map
    • Local Demand
    City
    Azusa
    County
    Los Angeles
    State
    California
    Longitude
    -117.908
    Latitude
    34.1336

    FAQs

    What type of property is this?
    Warehouse - 81,416 SF industrial property on 4.3 acres in Azusa.
    Where is this warehouse located?
    The property is located at 1061 W 5th St Portfolio Azusa, CA.
    What is the asking price?
    The asking price for this property is $14,025,000.
    What are key features of this property?
    This property features: 81,416 SF on 4.3 Acres; Potential to Build ±80k SF New Industrial; Fully Paved & Fenced Yard / Heavy Power
    (213) 509-4251 Call to check price and availability
    More about this property
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