Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1245 Aviation Pl San Fernando, CA 91340

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse with cross-docking, gated access, and improved office space.

    Property Features for 1245 Aviation Pl

    General Information

    Standard status
    Active

    Building Details

    Year built
    1987

    We can help!

    Listing Contact
    Seth Wellisch
    Source: Crexi

    Listing Agency: Lee & Associates - Los Angeles - West Listing Agent: Seth Wellisch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Industrial Warehouse with Dock Access

    This industrial warehouse features a cross-dock configuration with 21 dock-high positions and one drive-in ramp. The property includes a gated site with drive-around access and a 24-foot clear height. A partial mezzanine is present, along with a highly improved office area. The warehouse is located within the San Fernando Business Center, a complex of five buildings totaling 591,660 square feet. The master lessor is Rexford Industrial.
    Location Intelligence

    Current Use by Public Records

    PRG Los Angeles Marketing & Advertising

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Extra Space Storage, Paper Cuts Inc, Roydon Industrial Complex, Zebrapals, Inc, Let's Move It Right

    Location Insight

    • Map
    • Local Demand
    City
    San Fernando
    County
    Los Angeles
    State
    California
    Longitude
    -118.4202125
    Latitude
    34.2929631

    Nearby Similar for Lease

    • Contact for pricing

      Adaptable Commercial Space For Rent

      Flexible spaces suitable for offices, studios, and centers.
      302 S Brand Blvd, San Fernando, CA 91340
      View Details
    • $10,000 /Mo

      Industrial Warehouse with Open Space

      Industrial warehouse for lease with open space and parking.
      661 Arroyo St, San Fernando, CA 91340
      View Details
    • $3 SF/Yr

      San Fernando Retail Opportunity

      Retail spaces in a newly renovated building with high visibility.
      915 N Maclay Ave, San Fernando, CA 91340
      View Details
    • $10,000 /Mo

      San Fernando Industrial Warehouse Space

      Industrial warehouse with open space, offices, and parking available for lease.
      661 Arroyo St, San Fernando, CA 91340
      View Details
    • Contact for pricing

      Renovated Warehouse in San Fernando

      Renovated warehouse with prime location and freeway access.
      459 Park Ave, San Fernando, CA 91340
      View Details
    • Contact for pricing

      Prime Retail Space on Brand

      1,600 SF retail space with high visibility frontage.
      218 S Brand Blvd, San Fernando, CA 91340
      View Details
    • Contact for pricing

      Commercial Space for Rent

      Commercial space available for rent at $11.
      302 S Brand Blvd, San Fernando, CA 91340
      View Details
    • Contact for pricing

      Divisible Retail/Restaurant Space Downtown

      Divisible property suitable for restaurant or retail conversion in San Fernando.
      San Fernando, CA 91340
      View Details
    • $1.00 SF/Yr
      18,252 SF

      East Valley Manufacturing/Industrial Space

      Manufacturing and industrial property in a great East Valley location.
      13596 Vaughn St, San Fernando, CA 91340
      View Details
    • $2 SF/Yr
      3,700 SF

      Corner Office Space Available

      Corner office with parking, server room, and furniture included.
      400 San Fernando Mission Blvd, San Fernando, CA 91340
      View Details
    • Contact for pricing

      North East Valley Commercial Space

      Commercial space available in a prime North East Valley location.
      11949 Borden Ave, San Fernando, CA 91340
      View Details
    • Contact for pricing

      San Fernando Industrial Complex

      Multi-tenant industrial complex with flexible warehouse and manufacturing spaces.
      12987-12999 Arroyo St, San Fernando, CA 91340
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse with cross-docking, gated access, and improved office space.
    Where is this warehouse located?
    The property is located at 1245 Aviation Pl San Fernando, CA.
    What are key features of this property?
    This property features: - Cross dock with **21 dock high positions**; - Gated site with drive around; - **24’ Clear height**
    Request Owner's contact information
    1245 Aviation Pl San Fernando, CA 91340
    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.
    1245 Aviation Pl
    San Fernando, CA 91340
    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
    1245 Aviation Pl San Fernando, CA 91340
    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

    We can help!
    Listing Contact
    Seth Wellisch
    Real Estate License ID: CA-01335793
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!