Corner Lot Commercial
For Sale
$2,995,000
5912 Alessandro Avenue, Temple City, CA 91780
Versatile commercial property in Temple City with high visibility.
Property Size10,783 SF
Lot Size0.45 Acres
Price / SF$279.91
Days on Market129
Property Features for 5912 Alessandro Avenue
General Information
Standard status
Active
Size
10,783 SF
Total Parking Spaces
17
Lot size
0.45 Acres
Amenities
Central Air
Central
Building Details
Building Size
10,783 SF
Year Built
1946
Buildings
1
Stories
1
Listing Agency:
RE/MAX Masters
(909) 292-7888
Listed By:
Nicholas Abbadessa · License #01398872
(909) 292-7888
Source:
Evrealestate
Added: Apr 17
Changed: Aug 23
Last Checked: Aug 23 at 8:40AM
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 RE/MAX Masters
Investment Insights
Based on property information with market context.
This commercial property is located on a corner lot in Temple City. The property includes approximately 10,700 square feet of improvements, with approximately 8,000 square feet designated as retail or showroom space, situated on a lot of approximately 19,600 square feet. The layout features a mix of retail/showroom space and warehouse/storage areas. The property is suitable for retail, showroom, or service-oriented businesses. Its corner location enhances accessibility and exposure, making it suitable for businesses looking to maximize signage, branding, and customer reach. Located along a well-traveled corridor, the property benefits from steady daily traffic and proximity to surrounding residential neighborhoods and established commercial amenities. The property has a bike score of 59, indicating it is bikeable, a walk score of 86, indicating it is very walkable, and a transit score of 42, indicating some transit options are available.
Key Highlights
- High Visibility Corner Lot: Located on a prominent corner lot in the heart of Temple City, offering exceptional visibility and accessibility.
- Large Square Footage: Approximately 10,700+ square feet of improvements on a ~19,600 square foot lot.
- Flexible Layout: Mix of retail/showroom space and warehouse/storage suitable for various business uses.
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
$236,733
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
7.90%
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%
$4,734,660
$4.7M
Cap Rate 7%
$3,381,900
$3.4M
Cap Rate 9%
$2,630,367
$2.6M
Market Conditions
NOI Build-Up for 10,700 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
$362.1K $33.84/SF
− Vacancy
−$23.9K −$2.23/SF
EGI
$338.2K $31.61/SF
− OpEx
−$101.5K −$9.48/SF
NOI
$236.7K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
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%
$4,734,660
Cap Rate 7%
$3,381,900
Cap Rate 9%
$2,630,367
Alternative Uses
Best Use
Retail
$3.38M
$2.96M – $3.95M
NOI $236,733 @ 7.0% cap · market cap 7.90%
Second Best
Warehouse
$1.99M
$1.74M – $2.32M
NOI $139,228 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$5.73M
$5.01M – $6.68M
NOI $401,012 @ 7.0% cap · market cap 13.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,510
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91780, CA
35,751
Population
11,953
Households
3
Avg Household Size
43
Median Age
43%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
9,408
Density / Sq Mi
$101,746
Median Household Income
$48,807
Median Earnings
$2,046
Median Rent
$922,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Showroom - Versatile commercial property in Temple City with high visibility.
Where is this showroom located?
The property is located at 5912 Alessandro Avenue Temple City, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: High Visibility Corner Lot: Located on a prominent corner lot in the heart of Temple City, offering exceptional visibility and accessibility.; Large Square Footage: Approximately 10,700+ square feet of improvements on a ~19,600 square foot lot.; Flexible Layout: Mix of retail/showroom space and warehouse/storage suitable for various business uses.
