Industrial Warehouse with Versatile
2301 W Empire Ave Burbank, CA 91504
For Sale
$1,300,000
Versatile industrial/warehouse space suitable for storage, manufacturing, or business operations in Burbank.
Property Size2,915 SF
Price / SF$445.97
Days on Market26
Property Features for 2301 W Empire Ave
General Information
Standard status
Active
Size
2,915 SF
Property subtype
Industrial
Building Details
Year Built
1984
Listing Agency:
Cherie Miller & Associates
(760) 369-1800
Listed By:
Lynee LaVoie · License #01005011
Source:
Elliman
Added: Jul 4
Changed: Jul 10
Last Checked: Jul 28 at 6:09AM
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 Cherie Miller & Associates
Investment Insights
Based on property information with market context.
This industrial property offers approximately 2,915 square feet of versatile indoor space designed to support a range of industrial and business uses. The building configuration is well-suited for warehouse, manufacturing, storage, or other industrial operations, giving an owner-user flexibility to fit the space to their workflow.
The property is located at 2301 W Empire in Burbank, CA 91504. It is positioned in a convenient area with easy access to major transportation routes and nearby amenities, supporting day-to-day logistics and business needs.
For an owner-operator, the layout provides a practical footprint for running warehouse or light industrial activities from one location. For investors and buyers, the space can be considered for industrial, warehouse, manufacturing, or storage tenants, subject to applicable use requirements and operating needs.
The property is located at 2301 W Empire in Burbank, CA 91504. It is positioned in a convenient area with easy access to major transportation routes and nearby amenities, supporting day-to-day logistics and business needs.
For an owner-operator, the layout provides a practical footprint for running warehouse or light industrial activities from one location. For investors and buyers, the space can be considered for industrial, warehouse, manufacturing, or storage tenants, subject to applicable use requirements and operating needs.
Key Highlights
- Industrial building built in 1984
- Approximately 2,915 SF versatile industrial/warehouse space for storage, manufacturing, or business operations
- Burbank location with bikeScore 62 and walkScore 79
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 | $55.3k | $18.96 |
| − Vacancy | −$3.5k | −$1.21 |
| EGI | $51.7k | $17.75 |
| − OpEx | −$7.8k | −$2.66 |
| NOI | $44.0k | $15.08 |
2,915 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$628.2K
$549.7K – $732.9K
NOI $43,972 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$517.3K
$452.7K – $603.5K
NOI $36,212 @ 7.0% cap · market cap 2.79%
Theoretical Best
Multifamily LT 5
$59.06M
$51.67M – $68.90M
NOI $4,133,930 @ 7.0% cap · market cap 317.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Public Storage — 2240 N Hollywood Way, Burbank, CA 91505
- Extra Space Storage — 2550 N Hollywood Way, Burbank, CA 91505
- Burbank Boat & RV Storage — 1830 N Lincoln St, Burbank, CA 91506
- Extra Space Storage — 2801 Thornton Ave, Burbank, CA 91504
- Pacific Distributing Station — 3300 W Pacific Ave, Burbank, CA 91505
Frequently Asked Questions
What type of property is this?
Warehouse - Versatile industrial/warehouse space suitable for storage, manufacturing, or business operations in Burbank.
Where is this warehouse located?
The property is located at 2301 W Empire Ave Burbank, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Industrial building built in 1984; Approximately 2,915 SF versatile industrial/warehouse space for storage, manufacturing, or business operations; Burbank location with bikeScore 62 and walkScore 79
