Industrial Property in Burbank,
For Sale
Contact for pricing
3083 N Lima St, Burbank, CA 91504
7,690 SqFt industrial property available for sale.
Property Size7,690 SF
Price / SF$429.13
Days on Market220
Property Features for 3083 N Lima St
General Information
Standard status
Active
Size
7,690 SF
Property subtype
INDUSTRIAL
Lease Type
Gross
Properties For Sale
at 3083 N Lima St
3083 N Lima St
AVAILABLE, 60 Days
Size
7,690 SF
Type
INDUSTRIAL
Lease Type
GROSS
Sublease
No
High Image, Free Standing Building
Large Yard/ Additional Parking Possible
M2 Zoning/ Flexible Uses
Close Proximity to Burbank Hollywood Airport & 5 Freeway
Contact us
Listing Agency:
Cushman & Wakefield
(310) 516-9100
Listed By:
Tim Wallace
(323) 363-3694
Source:
Moodyscre
Added: Mar 10
Changed: Oct 6
Last Checked: Oct 14 at 11:15PM
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
This industrial property offers 7,690 square feet of space. The property is located in Burbank, California.
Key Highlights
- Industrial Property
- 7,690 SqFt of space
- Built in 1976
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,530
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,910,600
$1.9M
Cap Rate 7%
$1,364,714
$1.4M
Cap Rate 9%
$1,061,444
$1.1M
Market Conditions
NOI Build-Up for 7,690 SF
Gross rent
$145.8K $18.96/SF
− Vacancy
−$9.3K −$1.21/SF
EGI
$136.5K $17.75/SF
− OpEx
−$40.9K −$5.32/SF
NOI
$95.5K $12.42/SF
Area
Burbank, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,910,600
Cap Rate 7%
$1,364,714
Cap Rate 9%
$1,061,444
Alternative Uses
Best Use
Industrial
$1.36M
$1.19M – $1.59M
NOI $95,530 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$155.79M
$136.32M – $181.76M
NOI $10,905,635 @ 7.0% cap · market cap 330.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
Explore this area
Business Placement
Demographics for 91504, CA
26,678
Population
10,629
Households
2.5
Avg Household Size
40
Median Age
45%
College-Educated
93%
High-School Grad
9.3 sq mi
ZIP Area
2,869
Density / Sq Mi
$103,164
Median Household Income
$57,561
Median Earnings
$2,147
Median Rent
$1,046,200
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - 7,690 SqFt industrial property available for sale.
Where is this industrial property located?
The property is located at 3083 N Lima St Burbank, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Industrial Property; 7,690 SqFt of space; Built in 1976
