Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Colima Road Office Space Available Title is generated by Realmo AI

    19811 Colima Rd, Walnut, CA 91789

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office space suitable for various professional and educational uses.

    Type:Office
    Added:
    May 25, 2023
    Days on Market:
    1108
    Last Refresh:
    May 12 at 10:05 pm

    Property Features for 19811 Colima Rd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1987

    Spaces For Lease

    at 19811 Colima Rd Contact us

    Suite 640 $2.00/Mo

    Size
    1,098 SF
    Type
    Office
    Contact us

    630 $2.00/Mo

    Size
    722 SF
    Type
    Office
    • Ideal for sole proprietorships like CPA, attorney, or insurance offices n•...
    show more
    Contact us

    210 $2/Mo

    Size
    2,170 SF
    Type
    Office
    • Ideal for sole proprietorships like CPA, attorney, or insurance offices n•...
    show more
    Contact us

    Suite 250 $2.00/Mo

    Size
    1,267 SF
    Type
    Office
    • Ideal for sole proprietorships like CPA, attorney, or insurance offices n•...
    show more
    Contact us

    330 $2.00/Mo

    Size
    1,161 SF
    Type
    Office
    Contact us
    Show more

    We can help!

    Listing Contact
    James Heerdegen
    James Heerdegen

    Listing agent James Heerdegen License #02197482

    Listing office illi Commercial Real Estate

    Listing date May 25, 2023

    Source Crexi

    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 illi Commercial Real Estate

    HighLights

    • Ample free parking
    • Ideal for professional offices such as CPA, attorney, insurance, mortgage broker, or real estate
    • Suitable for educational or tutoring services
    • Suitable for a dance studio
    • Perfect demographic for various businesses
    • Built in 1987

    Overview

    This commercial space is suitable for sole proprietorships such as CPA, attorney, or insurance offices, as well as mortgage broker or real estate offices. The location's demographics are favorable for educational purposes, tutoring centers, and dance studios. Ample free parking is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    P & J Academy Tutoring Service Bank Of Hope Bank Wang Michael DDS Dental Office 美国第一房贷公司 免查收入贷款 以房养老／贷款买房 ... Real Estate Agency Hing Wa Lee ... Business Park

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walnut
    County
    Los Angeles
    State
    California
    Longitude
    -117.8694221
    Latitude
    33.9872825

    Nearby Similar for Lease

    • $2,400/Mo
      1,100 SF

      Remodeled Office Space in Walnut

      Versatile office space in a newly renovated industrial business park.
      21007 Commerce Point Dr, Walnut, CA 91789
      View Details
    • $2 SF/Yr
      3,284 SF

      Walnut Office Space Available

      Office space featuring reception, executive, conference, sales, and IT rooms.
      20659 Valley Blvd, Walnut, CA 91789
      View Details
    • $1.35 SF/Yr
      16,948 SF

      Freestanding Warehouse Ideal for Manufacturing

      Freestanding warehouse suitable for manufacturing and distribution with freeway access.
      131 South Brea Canyon Road | Walnut, CA 91789, CA 91789
      View Details
    • $2 SF/Yr
      11,838 SF

      Walnut Warehouse with Office Space

      Industrial warehouse space featuring office and dock high loading.
      20529-20547 E Walnut Dr N, Walnut, CA
      View Details
    • $1.70 SF/Yr
      3,088 SF

      Small Industrial Unit For Sublease

      2,338 SF industrial unit available for sublease through 10/31/2027.
      817 South Lemon Avenue, Diamond Bar, CA 91789
      View Details
    • $1.89 SF/Yr
      56,090 SF

      Walnut CA Office Space

      Second floor office space available for rent in Walnut, CA.
      745 - 831 S Lemon Ave, Walnut, CA 91789
      View Details
    • $2 SF/Yr
      1,200 SF

      Retail Space Available For Rent

      Retail space available for lease in Walnut, California.
      1569 Fairway Dr, Walnut, CA
      View Details
    • $1.70 SF/Yr
      1,095 SF

      First Floor Office Space

      Office space available for rent on the first floor.
      745-831 S Lemon Ave, Walnut, CA
      View Details
    • Contact for pricing
      59,353 SF

      City of Industry Warehouse Space

      Class A warehouse space with dock high loading.
      20819 Currier Rd, City of Industry, CA 91789
      View Details
    • $1.50 SF/Yr
      13,190 SF

      INDUSTRIAL

      128 S Brent Circle, Walnut, CA
      View Details
    • $2.00 SF/Yr
      1,750 SF

      Office Space with Open Floorplan

      Office space featuring open floor plan and multiple rooms.
      20680-20696 Carrey Rd, Walnut, CA
      View Details
    • $1.90 SF/Yr
      9,375 SF

      Walnut Warehouse with Heavy Power

      Industrial warehouse space featuring heavy power and convenient loading.
      323-327 Paseo Tesoro, Walnut, CA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space suitable for various professional and educational uses.
    Where is this office units located?
    The property is located at 19811 Colima Rd Walnut, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Ample free parking; Ideal for professional offices such as CPA, attorney, insurance, mortgage broker, or real estate; Suitable for educational or tutoring services
    (818) 501-2212 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James Heerdegen
    James Heerdegen
    Real Estate License ID: 02197482
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19811 Colima Rd, Walnut, CA 91789
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!