Industrial
For Sale
$5,466,500
400 S Palm Avenue, Alhambra, CA 91803
The property is located in Alhambra, California.
Property Size18,850 SF
Price / SF$290
Days on Market17
Property Features for 400 S Palm Avenue
General Information
Standard status
Active
Size
18,850 SF
Property subtype
Industrial
Site & Location
Neighborhood
Shorb
Building Details
Building Size
18,850 SF
Year Built
1952
Listing Agency:
Pinnacle Real Estate Group
(626) 688-6688
Listed By:
HSIEN TSAI · License #01032523
(626) 382-1688
Source:
Brillarealestate
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 31 at 7:05AM
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 Pinnacle Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property is located in Alhambra, California.
Key Highlights
- Located in Alhambra, California
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$220,283
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,405,660
$4.4M
Cap Rate 7%
$3,146,900
$3.1M
Cap Rate 9%
$2,447,589
$2.4M
Market Conditions
NOI Build-Up for 18,850 SF
Gross rent
$334.8K $17.76/SF
− Vacancy
−$20.1K −$1.07/SF
EGI
$314.7K $16.69/SF
− OpEx
−$94.4K −$5.01/SF
NOI
$220.3K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,405,660
Cap Rate 7%
$3,146,900
Cap Rate 9%
$2,447,589
Alternative Uses
Best Use
Industrial
$3.15M
$2.75M – $3.67M
NOI $220,283 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.09M
$8.83M – $11.77M
NOI $706,455 @ 7.0% cap · market cap 12.92%
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
1,592
Businesses Nearby
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Business Placement
Demographics for 91803, CA
29,374
Population
10,439
Households
2.8
Avg Household Size
42
Median Age
37%
College-Educated
80%
High-School Grad
3.3 sq mi
ZIP Area
8,901
Density / Sq Mi
$84,537
Median Household Income
$47,579
Median Earnings
$1,790
Median Rent
$831,800
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
Frequently Asked Questions
What type of property is this?
Industrial property - The property is located in Alhambra, California.
Where is this industrial property located?
The property is located at 400 S Palm Avenue Alhambra, CA.
What is the asking price?
The asking price for this property is $5,466,500.
What are key features of this property?
This property features: Located in Alhambra, California
