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Industrial Condo Near 5 Freeway

27935 Smyth Drive Santa Clarita, CA 91355

27935 Smyth Drive, Santa Clarita, CA, 91355
$2,750,000
For Sale
Claim this Listing
$2,750,000

10,587 SF industrial condo for sale near 5 Freeway.

Property Size10,587 SF
Price / SF$259.75
AddedNov 26, 2025
Days on Market231
Last RefreshMay 8 at 9:30 pm

Property Features for 27935 Smyth Drive

General Information

Standard status
Active
Size
10,587 SF
Property subtype
Industrial

Building Details

Year Built
2001

Listing office Lee & Associates

Listing date Nov 26, 2025

Source Lee-associates

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 Lee & Associates


Investment Insights

Based on property information with market context.

This is an approximately 10,587 square foot industrial condo available for sale. The property features industrial zoning and a warehouse clearance of 21 feet. It is located in close proximity to the 5 Freeway and Valencia Country Club. This property presents an owner/user opportunity.

Key Highlights

  • Approximately 10,587 SF Industrial Condo
  • Benefit from 21’ Warehouse Clearance
  • Close Proximity to 5 Freeway

Local Financial Insights For Warehouse

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 $188.0k $17.76
− Vacancy −$4.3k −$0.41
EGI $183.7k $17.35
− OpEx −$27.6k −$2.60
NOI $156.1k $14.75
10,587 SF · lease $17.76/SF/yr · vacancy 2.30% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.23M
$1.95M – $2.60M (±1% cap)
NOI $156,145 @ 7.0% cap · market cap 5.68%
Second Best
Industrial
$1.84M
$1.61M – $2.14M (±1% cap)
NOI $128,590 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$2.65M
$2.32M – $3.10M (±1% cap)
NOI $185,724 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shin's Family Martial ... Tutoring Service

Suggested Use

Grocery & Convenience Store Barber Shop Grocery & Convenience Store Pharmacy Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bakery Catering Service Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Triscenic Productions Services — 24911 Avenue Stanford, Santa Clarita, CA 91355
  • Public Storage — 28111 Kelly Johnson Pkwy, Valencia, CA 91355
  • Valencia Self Storage — 27815 Smyth Dr, Valencia, CA 91355

FAQs

What type of property is this?
Warehouse - 10,587 SF industrial condo for sale near 5 Freeway.
Where is this warehouse located?
The property is located at 27935 Smyth Drive Santa Clarita, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Approximately 10,587 SF Industrial Condo; Benefit from **21’ Warehouse Clearance**; Close Proximity to 5 Freeway
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