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Industrial Building on Large Lot
For Sale
$5,700,000

717 N Coney Ave, Azusa, CA 91702

33,733 SF industrial building on 1.47 acre lot.

Property Size33 SF
Lot Size1.47 Acres
Price / SF$168.97
Days on Market189

Property Features for 717 N Coney Ave

General Information

Standard status Active
Size 33 SF
Lot size 1.47 Acres
Property subtype Industrial

Building Details

Building Size 33 SF
Year Built 1960

Properties For Sale

at 717 N Coney Ave
Available Space
Size 33,733 SF
NOT FOR LEASE
Contact us
Listing Agency: Daum Commercial
Listed By: Sean Homsy · License #CA 02157447
Source: Daumcommercial
Added: Apr 3 Changed: Sep 14 Last Checked: Oct 7 at 8:26AM

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 Daum Commercial

Investment Insights

Based on property information with market context.

The property is an industrial building with a size of 33,733 square feet, situated on a 1.47-acre lot. It features a large, private yard area and 360-degree drive-around access. The building is equipped with 800 amps of 480 volts, 3-phase power. The property is located off Foothill Boulevard.

Key Highlights

  • ± 33,733 SF Industrial Building on a Larger ±1.47 Acre Lot
  • Large Private Yard Area with 360 Drive‑around
  • Great Location off of Foothill Blvd.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$394,207
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,884,140 $7.9M
Cap Rate 7%
$5,631,529 $5.6M
Cap Rate 9%
$4,380,078 $4.4M
Market Conditions
NOI Build-Up for 33,733 SF
Gross rent
$599.1K $17.76/SF
− Vacancy
−$35.9K −$1.07/SF
EGI
$563.2K $16.69/SF
− OpEx
−$168.9K −$5.01/SF
NOI
$394.2K $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%
$7,884,140
Cap Rate 7%
$5,631,529
Cap Rate 9%
$4,380,078

Alternative Uses

Best Use
Industrial
$5.63M
$4.93M – $6.57M (±1% cap)
NOI $394,207 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.06M
$15.80M – $21.07M (±1% cap)
NOI $1,264,236 @ 7.0% cap · market cap 22.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Garden Center Acupuncture Pet Store & Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,146
Businesses Nearby

Demographics for 91702, CA

62,328
Population
18,218
Households
3.4
Avg Household Size
34
Median Age
24%
College-Educated
78%
High-School Grad
65.0 sq mi
ZIP Area
959
Density / Sq Mi
$87,577
Median Household Income
$35,714
Median Earnings
$1,847
Median Rent
$604,600
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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial property - 33,733 SF industrial building on 1.47 acre lot.
Where is this industrial property located?
The property is located at 717 N Coney Ave Azusa, CA.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: ± 33,733 SF Industrial Building on a Larger ±1.47 Acre Lot; Large Private Yard Area with 360 Drive‑around; Great Location off of Foothill Blvd.
More about this property
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