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Office/Flex Condo in RiverCourt
For Sale
$954,408
Pending

25239 Avenue Tibbitts, Valencia, CA 91355

Office/Flex condo available for sale in Valencia, California.

Property Size2,760 SF
Days on Market197

Property Features for 25239 Avenue Tibbitts

General Information

Standard status Pending
Size 2,760 SF
Property subtype Industrial
Listing Agency: CBRE
Listed By: Sam Glendon, SIOR · License #01826689
Source: Cbre
Added: Mar 25 Changed: Oct 7 Last Checked: Oct 7 at 8:30AM

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 CBRE

Investment Insights

Based on property information with market context.

This office/flex condo is located within the RiverCourt development. The unit is currently configured with approximately 90% office space and 10% warehouse space. There is an option to modify the layout to approximately 65% office space and 35% high-clearance warehouse area by removing some of the ground floor office space. The property is available vacant for an owner/user. The unit includes 2,577 square feet of office space, one 12'x14' grade-level door, 250 Amps of 277/480V, 3 Phase 4 Wire power, and two restrooms. There are six parking spaces available. The property is situated in close proximity to the 5 Freeway and various amenities.

Key Highlights

  • Available vacant for owner/user.
  • High image unit within premier business park.
  • Close proximity to 5 Freeway and countless amenities.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,254
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,080 $645.1K
Cap Rate 7%
$460,771 $460.8K
Cap Rate 9%
$358,378 $358.4K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$49.0K $17.76/SF
− Vacancy
−$2.9K −$1.07/SF
EGI
$46.1K $16.69/SF
− OpEx
−$13.8K −$5.01/SF
NOI
$32.3K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,080
Cap Rate 7%
$460,771
Cap Rate 9%
$358,378

Alternative Uses

Best Use
Industrial
$460.8K
$403.2K – $537.6K (±1% cap)
NOI $32,254 @ 7.0% cap · market cap 3.38%
Second Best
Flex RnD
$352.0K
$308.0K – $410.7K (±1% cap)
NOI $24,640 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,439 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Grocery & Convenience Store Veterinary Clinic Daycare Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,721
Businesses Nearby
Balanced
Demand for This Use

Demographics for 91355, CA

32,886
Population
12,338
Households
2.7
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
13.2 sq mi
ZIP Area
2,491
Density / Sq Mi
$109,348
Median Household Income
$65,609
Median Earnings
$2,704
Median Rent
$744,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Flex space - Office/Flex condo available for sale in Valencia, California.
Where is this flex space located?
The property is located at 25239 Avenue Tibbitts Valencia, CA.
What is the asking price?
The asking price for this property is $954,408.
What are key features of this property?
This property features: Available vacant for owner/user.; High image unit within premier business park.; Close proximity to 5 Freeway and countless amenities.
More about this property
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