Listing Agency: Lee & Associates Show Phone

Listed By: Scott Caswell · License #00853607 Show Phone

Source: Moodyscre

Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 3:11PM

Report an Issue

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 Lee & Associates

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This freestanding warehouse contains 27,960 square feet, with 20-foot clearance and two oversized ground-level loading doors. Electrical service is 800 amps, three-phase, with power distributed throughout the building.

The property is at 9144 Deering Ave in Chatsworth’s Northpark Industrial Center, with freeway access.

Key Highlights

• 27,960‑square‑foot freestanding warehouse
• 20' warehouse clearance
• Two oversized ground‑level loading doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$363,814

Cap Rate

4.38%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$7,276,280 $7.3M

Cap Rate 7%

$5,197,343 $5.2M

Cap Rate 9%

$4,042,378 $4.0M

Is this asking price fair?

Market Conditions

NOI Build-Up for 27,960 SF

Gross rent

$449.6K $16.08/SF

− Vacancy

−$21.6K −$0.77/SF

EGI

$428.0K $15.31/SF

− OpEx

−$64.2K −$2.30/SF

NOI

$363.8K $13.01/SF

Area

Los Angeles County, CA

Vacancy

4.80%

Lease Rate

$16.08 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$7,276,280

Cap Rate 7%

$5,197,343

Cap Rate 9%

$4,042,378

Alternative Uses

Best Use

Warehouse

$5.20M

$4.55M – $6.06M (±1% cap)

NOI $363,814 @ 7.0% cap · market cap 4.38%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$14.97M

$13.10M – $17.46M (±1% cap)

NOI $1,047,877 @ 7.0% cap · market cap 12.62%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Acuity Brands Lighting ... (Bike/Boat/Book/etc) Store Lighting Control & Design, ... Factory

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Nail Salon Hotel & Motel Skin Care Clinic

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

Lease Details

20 ft

Clear height

2

Drive-in doors

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

1,935

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 91311, CA

39,014

Population

14,879

Households

2.6

Avg Household Size

44

Median Age

45%

College-Educated

91%

High-School Grad

32.6 sq mi

ZIP Area

1,197

Density / Sq Mi

$117,574

Median Household Income

$60,403

Median Earnings

$2,199

Median Rent

$837,300

Median Home Value

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

Similar For Sale Nearby

See more

Warehouse with Loading Access

20600 Nordhoff Street, Chatsworth, CA 91311

$8,879,220

View details

Nine-Unit Multi-Tenant Warehouse Building

9531-9547 Cozycroft Ave, Chatsworth, CA 91311

Contact for pricing

30,480 SF

View details

Street-Facing Side-Loading Warehouse

9541-9547 Cozycroft Ave, Chatsworth, CA 91311

Contact for pricing

7,200 SF

View details

Light Industrial Condo with Roll-Up Door

21352 Nordhoff Street 113, Chatsworth, CA 91311

$669,990

1,437 SF

View details

Warehouse Unit

9939 Canoga Avenue, Chatsworth, CA 91311

Contact for pricing

3,100 SF

View details

Industrial Condominium with Roll-Up Door

113-21352 Nordhoff St, Chatsworth, CA 91311

$669,990

View details

Chatsworth Church, School, and Offices

20121 Devonshire Street, Chatsworth, CA 91311

$7,950,000

15,896 SF

View details

Equestrian Property with Arenas

9633 Baden, Chatsworth, CA 91311

$4,900,000

4.89 Acres

View details

Commercial Property with Residential Space

23403 Lake Manor Drive, Chatsworth, CA 91311

$1,649,000

3,544 SF

View details

Multi-Tenant Industrial Portfolio

9230 DEERING AVE CHATSWORTH CA 91311, Chatsworth, CA 91311

Contact for pricing

112,133 SF

View details

Ground Floor Office Suite

21732 Devonshire Street, Chatsworth, CA 91311

Contact for pricing

View details

Retail Space San Fernando Valley

SEC Devonshire & Mason Ave (10120 - 20220 Devonshire), Chatsworth, CA 91311

Contact for pricing

View details

Similar Off Market Nearby

• Environments Plus — 8934 Eton Ave, Canoga Park, CA 91304
• Ace Storage Containers — 21250 Nordhoff St, Chatsworth, CA 91311
• AAA Self Storage — 9111 Jordan Ave, Chatsworth, CA 91311
• Storage Etc... De Soto — 9110 De Soto Ave, Chatsworth, CA 91311
• Fusion Luxury Motors — 20837 Nordhoff St, Chatsworth, CA 91311

Frequently Asked Questions

What type of property is this?

Warehouse - Three-phase power and at-grade loading serve the warehouse space.

Where is this warehouse located?

The property is located at 9144 Deering Ave Chatsworth, CA.

What is the asking price?

The asking price for this property is $8,304,120.

What are key features of this property?

This property features: 27,960‑square‑foot freestanding warehouse; 20' warehouse clearance; Two oversized ground‑level loading doors