Renovated Burbank Warehouse For
For Sale
Contact for pricing
519 S Flower St, Burbank, CA
Freestanding, renovated warehouse with rear loading and fenced parking.
Property Size4,500 SF
Lot Size0.16 Acres
Price / SF$499
Days on Market299
Property Features for 519 S Flower St
General Information
Standard status
Active
Size
4,500 SF
Lot size
0.16 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Delphi Business Properties, Inc.
(818) 780-7878
Listed By:
Mike Hooker
(818) 933-7108
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Sep 15
Last Checked: Sep 18 at 10:37AM
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 Delphi Business Properties, Inc.
Investment Insights
Based on property information with market context.
This is a freestanding building in Burbank, suitable for lease or sale. The property has been fully renovated inside and out. It features a 17-foot clear height, rear loading capabilities, and full HVAC. The property includes fenced rear parking and is zoned M2. Additionally, there is 1,560 square feet of enclosed storage mezzanine available at no cost. The total property size is 4,500 square feet.
Key Highlights
- Fully renovated inside and out
- Benefit from 17' clear height
- Free 1,560 sf of enclosed storage mezzanine
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
$67,881
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
3.02%
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%
$1,357,620
$1.4M
Cap Rate 7%
$969,729
$969.7K
Cap Rate 9%
$754,233
$754.2K
Market Conditions
NOI Build-Up for 4,500 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
$85.3K $18.96/SF
− Vacancy
−$5.5K −$1.21/SF
EGI
$79.9K $17.75/SF
− OpEx
−$12.0K −$2.66/SF
NOI
$67.9K $15.08/SF
Area
Burbank, CA
Vacancy
6.40%
Lease Rate
$18.96 /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%
$1,357,620
Cap Rate 7%
$969,729
Cap Rate 9%
$754,233
Alternative Uses
Best Use
Warehouse
$969.7K
$848.5K – $1.13M
NOI $67,881 @ 7.0% cap · market cap 3.02%
Second Best
Industrial
$798.6K
$698.8K – $931.7K
NOI $55,902 @ 7.0% cap · market cap 2.49%
Theoretical Best
Multifamily LT 5
$91.17M
$79.77M – $106.36M
NOI $6,381,711 @ 7.0% cap · market cap 284.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,550
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding, renovated warehouse with rear loading and fenced parking.
Where is this warehouse located?
The property is located at 519 S Flower St Burbank, CA.
What is the asking price?
The asking price for this property is $2,245,500.
What are key features of this property?
This property features: Fully renovated inside and out; Benefit from 17' clear height; Free 1,560 sf of enclosed storage mezzanine
