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Freestanding Flex Building
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15023 Ramona Blvd, Baldwin Park, CA 91706

High-end buildout supports R&D, laboratory, and food-related operations with secured outdoor storage space.

Property Size17,638 SF
Price / SF$263.64
Days on Market110

Property Features for 15023 Ramona Blvd

General Information

Standard status Active
Size 17,638 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 18 ft
Drive-In Doors 2

Amenities

Security Camera System
Listing Agency: NAI Capital
Listed By: Ryan Campbell · License #01904175
Source: Moodyscre
Added: Apr 15 Changed: Jul 31 Last Checked: Aug 1 at 8:05AM

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 NAI Capital

Investment Insights

Based on property information with market context.

This freestanding flex building contains 17,638 square feet with two grade-level loading doors and an 18' minimum clear height. The high-end buildout is configured for R&D, laboratory, and food uses, providing a specialized platform for industrial and technical operations. A fenced yard and security camera system add controlled outdoor space and site security features.

The property is located on Ramona Blvd in Baldwin Park, California, with access from the 10, 210, and 605 freeways.

Key Highlights

  • 17,638‑square‑foot freestanding building
  • Two grade‑level loading doors
  • 18' minimum clear height

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 $313.3k $17.76
− Vacancy −$18.8k −$1.07
EGI $294.5k $16.69
− OpEx −$88.3k −$5.01
NOI $206.1k $11.69
17,638 SF · lease $17.76/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Industrial
$2.94M
$2.58M – $3.44M (±1% cap)
NOI $206,119 @ 7.0% cap · market cap 4.43%
Second Best
Flex RnD
$2.25M
$1.97M – $2.62M (±1% cap)
NOI $157,462 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$9.44M
$8.26M – $11.02M (±1% cap)
NOI $661,032 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Parking Lot & Garage Veterinary Clinic Locksmith Pet Store

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

Lease Details

18 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

Demographics for 91706, CA

73,313
Population
18,853
Households
3.9
Avg Household Size
36
Median Age
14%
College-Educated
68%
High-School Grad
13.5 sq mi
ZIP Area
5,431
Density / Sq Mi
$79,473
Median Household Income
$34,964
Median Earnings
$1,816
Median Rent
$589,900
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
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Frequently Asked Questions

What type of property is this?
Flex space - High-end buildout supports R&D, laboratory, and food-related operations with secured outdoor storage space.
Where is this flex space located?
The property is located at 15023 Ramona Blvd Baldwin Park, CA.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: 17,638‑square‑foot freestanding building; Two grade‑level loading doors; 18' minimum clear height
(909) 348-0606 Call to check price and availability
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