Small Industrial Condo with
For Sale
$685,000
12850 Foothill Blvd., Sylmar, CA 91342
Small industrial condo with mezzanine and Main Street frontage, offering easy access to major freeways.
Property Size1,856 SF
Price / SF$369.07
Days on Market47
Property Features for 12850 Foothill Blvd.
General Information
Standard status
Active
Size
1,856 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
1,856 SF
Stories
1
Properties For Sale
at 12850 Foothill Blvd. Contact us- Size
- 1,856 SF
Available Space
Listing Agency:
Daum Commercial
Listed By:
Chris Sullivan · License #CA 00914977
(818) 449-1628
Source:
Daumcommercial
Added: Jul 19
Changed: Aug 25
Last Checked: Sep 2 at 1:10PM
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.
Located in Arroyo Associates Industrial Park at 12850 Foothill Blvd., Sylmar, CA 91342, this for-sale industrial condo offers a compact, condo-style warehouse configuration with a mezzanine for added overhead space.
The property includes Main Street (Foothill Blvd.) frontage, along with easy access to major freeways for practical daily operations.
This is an owner-sale opportunity for a small industrial condo in a designated industrial park setting.
The property includes Main Street (Foothill Blvd.) frontage, along with easy access to major freeways for practical daily operations.
This is an owner-sale opportunity for a small industrial condo in a designated industrial park setting.
Key Highlights
- Small industrial condo for sale with mezzanine
- Main Street (Foothill Blvd) frontage
- Main Street frontage with easy access to major freeways
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
$27,997
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
4.09%
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%
$559,940
$559.9K
Cap Rate 7%
$399,957
$400.0K
Cap Rate 9%
$311,078
$311.1K
Market Conditions
NOI Build-Up for 1,856 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
$35.2K $18.96/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$32.9K $17.75/SF
− OpEx
−$4.9K −$2.66/SF
NOI
$28.0K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /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%
$559,940
Cap Rate 7%
$399,957
Cap Rate 9%
$311,078
Alternative Uses
Best Use
Warehouse
$400.0K
$350.0K – $466.6K
NOI $27,997 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$37.60M
$32.90M – $43.87M
NOI $2,632,101 @ 7.0% cap · market cap 384.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91342, CA
96,429
Population
26,403
Households
3.7
Avg Household Size
36
Median Age
20%
College-Educated
73%
High-School Grad
45.4 sq mi
ZIP Area
2,124
Density / Sq Mi
$95,480
Median Household Income
$40,351
Median Earnings
$1,965
Median Rent
$641,100
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.
Frequently Asked Questions
What type of property is this?
Warehouse - Small industrial condo with mezzanine and Main Street frontage, offering easy access to major freeways.
Where is this warehouse located?
The property is located at 12850 Foothill Blvd. Sylmar, CA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Small industrial condo for sale with mezzanine; Main Street (Foothill Blvd) frontage; Main Street frontage with easy access to major freeways
