Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Valencia Warehouse in Commerce Center Title is generated by Realmo AI

    28034 Industry Drive, Valencia, CA 91355

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.30 SF/Yr $1,171/Mo (calc)

    High-image warehouse with 24' ceilings and ample parking.

    Type:Industrial
    Property size:
    10,813 SF
    Added:
    Nov 22, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 5 at 8:26 pm

    Property Features for 28034 Industry Drive

    General Information

    Standard status
    Active
    Size
    10,813 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 28034 Industry Drive Contact us

    We can help!

    Listing Contact
    Sam Glendon, SIOR
    Sam Glendon, SIOR

    Listing agent Sam Glendon, SIOR License #01826689

    Listing office CBRE

    Listing date Nov 22, 2025

    Source Cbre

    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

    HighLights

    • Immediate freeway access to I‑5 & Highway 126
    • High image business park setting
    • Benefit from 24' ceilings
    • Ample parking available
    • Equipped with ESFR sprinklers
    • Professionally managed for your convenience

    Overview

    This vacant warehouse property is available now and situated within a high-image business park setting. The property features 24' ceilings and an ESFR sprinkler system. Ample parking is available. The property is professionally managed and located in the master-planned Valencia Commerce Center, offering immediate freeway access to I-5 and Highway 126. The property size is 10813 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Iron Mountain — 28751 Witherspoon Pkwy, Valencia, CA 91355
    • Valencia Travel RV Storage — 29171 Hancock Pkwy, Valencia, CA 91355
    • International Van Lines — 28721 Industry Dr, Valencia, CA 91355
    • Camelot Moving & Storage, Inc. — 28040 Industry Dr, Santa Clarita, CA 91355
    • Y&O Moving Consulting Services LLC — 28721 Industry Dr unit B, Valencia, CA 91355

    Location Insight

    • Map
    • Local Demand
    City
    Valencia
    County
    Los Angeles
    State
    California
    Longitude
    -118.626801
    Latitude
    34.449661

    Nearby Similar for Lease

    • $1.46 SF/Yr
      10,414 SF

      Valencia Commerce Center Flex Space

      Well-maintained flex space in Valencia Commerce Center, convenient location.
      28305 Industry Drive, Valencia, CA, 91355
      View Details
    • $1,500/Mo
      643 SF

      Valencia Business Park Office Space

      Move-in ready office spaces in a busy Valencia business park.
      25583 Avenue Stanford, Valencia, CA 91355
      View Details
    • $2 SF/Yr
      19,497 SF

      Valencia Office Space For Rent

      Contemporary office suites available with potential incentives in prime location.
      26650 The Old Road, Valencia, CA, 91355
      View Details
    • $1.99 SF/Yr
      2,829 SF

      Modern Office Space Available

      Recently updated office space in a thriving business park.
      28159 Avenue Stanford, Valencia, CA 91355
      View Details
    • $21,409 SF/Yr
      31,142 SF

      Valencia Freestanding Industrial Building

      Freestanding industrial building with office space for lease.
      27510 Avenue Mentry, Valencia, CA 91355
      View Details
    • $2 SF/Yr
      10,436 SF

      Valencia Medical/Professional Office Space

      Newly renovated medical/professional office space available for lease.
      23841-24061 Newhall Ranch Rd, Valencia, CA
      View Details
    • $1.45 SF/Yr
      6,688 SF

      Valencia Industrial Center Multi-Tenant Unit

      High-image industrial unit with high ceilings and ample parking.
      24922 Anza Drive, Valencia, CA 91355
      View Details
    • $1.23 SF/Yr
      44,844 SF

      Industrial Building in Valencia Commerce

      Freestanding industrial building with high corporate image and easy access.
      28577 Industry Drive, Valencia, CA, 91355
      View Details
    • $1.30 SF/Yr
      25,328 SF

      High-Image Freestanding Building For Lease

      25,328 SF state-of-the-art building available for lease.
      28016 Industry Drive, Valencia, CA, 91355
      View Details
    • $1.55 SF/Yr
      49,935 SF

      Valencia Warehouse with Loading Docks

      Warehouse space available in Valencia Commerce Center, December 2025.
      29011 Commerce Center Drive, Valencia, CA, 91355
      View Details
    • Contact for pricing
      6,725 SF

      High-Traffic Retail Space Available

      Retail space in a busy Valencia shopping center.
      27019 McBean Parkway, Valencia, CA 91355
      View Details
    • $1.30 SF/Yr
      43,000 SF

      Valencia Warehouse Space Available

      43,000 SF warehouse space for lease in Valencia, California.
      25395 Rye Canyon Rd, Valencia, CA 91355
      View Details

    FAQs

    What type of property is this?
    Warehouse - High-image warehouse with 24' ceilings and ample parking.
    Where is this warehouse located?
    The property is located at 28034 Industry Drive Valencia, CA.
    What is the lease rate?
    The lease rate is $1.30 SF/Yr.
    What are key features of this property?
    This property features: Immediate freeway access to I‑5 & Highway 126; High image business park setting; Benefit from 24' ceilings
    (818) 502-6745
    We can help!
    Listing Contact
    Sam Glendon, SIOR
    Sam Glendon, SIOR
    Real Estate License ID: 01826689
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    28034 Industry Drive, Valencia, CA, 91355
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!