Industrial Property with Fenced
For Sale
$2,750,000
757 N Coney Ave, Azusa, CA 91702
Industrial property featuring office space, ground-level doors, and fenced yard.
Property Size12,172 SF
Price / SF$225.93
Days on Market156
Property Features for 757 N Coney Ave
General Information
Standard status
Active
Size
12,172 SF
Property subtype
Industrial
Building Details
Building Size
12,172 SF
Year Built
1960
Stories
1
Properties For Sale
at 757 N Coney Ave Contact us- Size
- 12,172 SF
Available Space
Listing Agency:
Daum Commercial
Listed By:
Joseph Harmon · License #CA 02049508
(562) 695-7244
Source:
Daumcommercial
Added: Apr 3
Changed: Aug 25
Last Checked: Sep 5 at 3:35AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This industrial property includes approximately 1,392 square feet of office space. The warehouse area features a 12-foot clear height and three ground-level doors. The property benefits from a private, fenced yard. It is equipped with 400 amps of power at 200 volts, with a 3-phase electrical system. The property's total size is 12,172 square feet.
Key Highlights
- Private fenced yard
- 12' clear height
- +/-1,392 sf office
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$158,381
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,167,620
$3.2M
Cap Rate 7%
$2,262,586
$2.3M
Cap Rate 9%
$1,759,789
$1.8M
Market Conditions
NOI Build-Up for 12,172 SF
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.
Gross rent
$195.7K $16.08/SF
− Vacancy
−$9.4K −$0.77/SF
EGI
$186.3K $15.31/SF
− OpEx
−$27.9K −$2.30/SF
NOI
$158.4K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,167,620
Cap Rate 7%
$2,262,586
Cap Rate 9%
$1,759,789
Alternative Uses
Best Use
Warehouse
$2.26M
$1.98M – $2.64M
NOI $158,381 @ 7.0% cap · market cap 5.76%
Second Best
Industrial
$2.03M
$1.78M – $2.37M
NOI $142,243 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$6.52M
$5.70M – $7.60M
NOI $456,179 @ 7.0% cap · market cap 16.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91702, CA
62,328
Population
18,218
Households
3.4
Avg Household Size
34
Median Age
24%
College-Educated
78%
High-School Grad
65.0 sq mi
ZIP Area
959
Density / Sq Mi
$87,577
Median Household Income
$35,714
Median Earnings
$1,847
Median Rent
$604,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property featuring office space, ground-level doors, and fenced yard.
Where is this warehouse located?
The property is located at 757 N Coney Ave Azusa, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Private fenced yard; 12' clear height; +/-1,392 sf office
