Industrial Condo Near 5
27935 Smyth Drive Santa Clarita, CA 91355
27935 Smyth Drive, Santa Clarita, CA, 91355
$2,750,000
For Sale
$2,750,000
10,587 SF industrial condo for sale near 5 Freeway.
Property Size10,587 SF
Price / SF$259.75
Days on Market233
Property Features for 27935 Smyth Drive
General Information
- Standard status
- Active
- Size
- 10,587 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2001
Listing Agency
Lee & Associates
(818) 581-7061
Listed by
Brett Saunders
(818) 581-7061
Source
Lee-associates
Added: Nov 26, 2025 Checked: Jul 17 at 4:47 am
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
NOI $156,145 @ 7.0% cap · market cap 5.68%
Second Best
Industrial
$1.84M
$1.61M – $2.14M
NOI $128,590 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$2.65M
$2.32M – $3.10M
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
Similar For Sale Nearby
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
