Industrial Warehouse with High
For Sale
Contact for pricing
28217 Ave Crocker, Santa Clarita, CA 91355
Well-maintained industrial facility offering 24' ceiling clearance and 800A, 480V power.
Property Size20,856 SF
Price / SF$295
Days on Market49
Property Features for 28217 Ave Crocker
General Information
Standard status
Active
Size
20,856 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
24 ft
Heavy Power
Yes
Listing Agency:
Colliers
(818) 334-1900
Listed By:
Matthew Dierckman · License #01301723
(818) 334-1870
Source:
Moodyscre
Added: Jul 16
Changed: Aug 8
Last Checked: Sep 2 at 12:06AM
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 Colliers
Investment Insights
Based on property information with market context.
This well-maintained industrial warehouse is offered for sale at 28217 Ave Crocker in Santa Clarita. The building features 24' ceiling clearance and includes 800A, 480V power, supporting a variety of industrial and technical uses.
The property is described as being close to Valencia amenities and the 5 freeway. Buyers looking for space for R&D, manufacturing, or warehouse operations may find the existing clear height and electrical capacity particularly useful.
The property is described as being close to Valencia amenities and the 5 freeway. Buyers looking for space for R&D, manufacturing, or warehouse operations may find the existing clear height and electrical capacity particularly useful.
Key Highlights
- Well‑maintained industrial facility
- 24' ceiling clearance
- 800A, 480V power
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$307,601
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,152,020
$6.2M
Cap Rate 7%
$4,394,300
$4.4M
Cap Rate 9%
$3,417,789
$3.4M
Market Conditions
NOI Build-Up for 20,856 SF
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.
Gross rent
$370.4K $17.76/SF
− Vacancy
−$8.5K −$0.41/SF
EGI
$361.9K $17.35/SF
− OpEx
−$54.3K −$2.60/SF
NOI
$307.6K $14.75/SF
Area
Santa Clarita, CA
Vacancy
2.30%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,152,020
Cap Rate 7%
$4,394,300
Cap Rate 9%
$3,417,789
Alternative Uses
Best Use
Warehouse
$4.39M
$3.85M – $5.13M
NOI $307,601 @ 7.0% cap · market cap 5.00%
Second Best
Industrial
$3.62M
$3.17M – $4.22M
NOI $253,318 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$5.23M
$4.57M – $6.10M
NOI $365,870 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24 ft
Clear height
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,098
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Well-maintained industrial facility offering 24' ceiling clearance and 800A, 480V power.
Where is this manufacturing property located?
The property is located at 28217 Ave Crocker Santa Clarita, CA.
What is the asking price?
The asking price for this property is $6,152,520.
What are key features of this property?
This property features: Well‑maintained industrial facility; 24' ceiling clearance; 800A, 480V power
