Freestanding Industrial Building For
For Sale
Contact for pricing
Pending
14117-14123 Bessemer St, Van Nuys, CA
Freestanding industrial building featuring office space and a ground-level door.
Property Size4,904 SF
Lot Size0.14 Acres
Days on Market444
Property Features for 14117-14123 Bessemer St
General Information
Standard status
Pending
Size
4,904 SF
Lot size
0.14 Acres
Property subtype
INDUSTRIAL
Lease Type
Modified Gross
Properties For Sale
at 14117-14123 Bessemer St Contact us- Size
- 4,904 SF
- Type
- INDUSTRIAL
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
Industrial For Lease (no auto)
Free Standing Single Tenant/Owner-User Industrial Building
12'-19' Clear Height
120/240...
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Contact us
Listing Agency:
Marcus & Millichap
(818) 212-2700
Listed By:
Martin Agnew · License #01339034
(818) 212-2776
Source:
Moodyscre
Added: Jun 19, 2025
Changed: Aug 8
Last Checked: Sep 5 at 7:43AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This is a freestanding building offering industrial space. The property includes 504 square feet of office space. It features one ground-level door measuring 11'8" x 10'7". The building provides clear heights ranging from 12 to 19 feet and is equipped with 120/240 Volts, 3 Phase power. The total property size is 4,904 square feet.
Key Highlights
- Free standing building
- Benefit from 12'-19' clear height
- 120/240 volts, 3 phase power available
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
$63,811
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
3.55%
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%
$1,276,220
$1.3M
Cap Rate 7%
$911,586
$911.6K
Cap Rate 9%
$709,011
$709.0K
Market Conditions
NOI Build-Up for 4,904 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
$78.9K $16.08/SF
− Vacancy
−$3.8K −$0.77/SF
EGI
$75.1K $15.31/SF
− OpEx
−$11.3K −$2.30/SF
NOI
$63.8K $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%
$1,276,220
Cap Rate 7%
$911,586
Cap Rate 9%
$709,011
Alternative Uses
Best Use
Warehouse
$911.6K
$797.6K – $1.06M
NOI $63,811 @ 7.0% cap · market cap 3.55%
Second Best
Industrial
$818.7K
$716.4K – $955.2K
NOI $57,309 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$2.63M
$2.30M – $3.06M
NOI $183,791 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,356
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Trek Movers. Local & Long-Distance Moving Company in Sherman Oaks. — 14614 Burbank Blvd, Sherman Oaks, CA 91411
- Oxnard Self Storage — 14235 Oxnard St, Van Nuys, CA 91401, United States
- Standard Price Moving Company — 14715 Oxnard St, Van Nuys, CA 91411
- D&L Moving Company — 14715 Oxnard St, Van Nuys, CA 91411
- AUTOParkit™ — 6023 Hazeltine Ave, Van Nuys, CA 91401
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial building featuring office space and a ground-level door.
Where is this warehouse located?
The property is located at 14117-14123 Bessemer St Van Nuys, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Free standing building; Benefit from **12'-19' clear height**; 120/240 volts, 3 phase power available
