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Industrial Building with Yard
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11501 Hart St, North Hollywood, CA 91605

Industrial facility with 2,500 amps of 480-volt power, bow truss ceiling, and M2 zoning plus included yard/parking area.

Property Size89,452 SF
Price / SF$240.35
Days on Market499

Property Features for 11501 Hart St

General Information

Standard status Active
Size 89,452 SF
Property subtype INDUSTRIAL
Listing Agency: Colliers
Listed By: Greg Geraci · License #01004871
Source: Moodyscre
Added: Mar 20, 2025 Changed: Jul 26 Last Checked: Jul 31 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 Colliers

Investment Insights

Based on property information with market context.

Industrial property offered for sale with substantial electrical service, including 2,500 amps at 480 volts. The interior includes a bow truss ceiling, and the property is described as being under M2 zoning. The offering also includes a 30,000-square-foot yard and parking area.

The property is located on Hart St in North Hollywood, CA.

Designed for industrial use, the combination of high-capacity power, clear-span style ceiling framing (bow truss), and dedicated outdoor yard/parking area supports a range of manufacturing and operations requiring both power and space for staging.

Key Highlights

  • 2,500 amps / 480‑volt power for the industrial facility
  • Bow truss ceiling
  • M2 zoning

Financial Insights For Industrial

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 $1.59M $17.76
− Vacancy −$95.3k −$1.07
EGI $1.49M $16.69
− OpEx −$448.0k −$5.01
NOI $1.05M $11.69
89,452 SF · lease $17.76/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Industrial
$14.93M
$13.07M – $17.42M (±1% cap)
NOI $1,045,343 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$47.89M
$41.91M – $55.87M (±1% cap)
NOI $3,352,458 @ 7.0% cap · market cap 15.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Faux Library Studio ... Public Library

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,519
Businesses Nearby

Demographics for 91605, CA

54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial facility with 2,500 amps of 480-volt power, bow truss ceiling, and M2 zoning plus included yard/parking area.
Where is this manufacturing property located?
The property is located at 11501 Hart St North Hollywood, CA.
What is the asking price?
The asking price for this property is $21,500,000.
What are key features of this property?
This property features: 2,500 amps / 480‑volt power for the industrial facility; Bow truss ceiling; M2 zoning
(818) 334-1880 Call to check price and availability
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