Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    28028 Industry Dr Valencia, CA 91355
    Back to Search
    Property profile & analytics

    28028 Industry Dr, Valencia, CA 91355

    View on Map
    • Warehouses
    • 22,715 SF
    • 6.05 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 28028 Industry Dr

    Year built
    2002
    Lot size
    6.05 lot acres
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional 22,715 square foot Class B office and warehouse property, located at 28028 Industry Drive in Valencia, CA 91355, presents a rare opportunity. Built in 2002, the single-story building sits on a substantial 6.05-acre lot (263,538 square feet) and boasts a 24-foot ceiling height. Currently, 1,000 square feet of office space is immediately available for lease, with a minimum divisible space of 1,000 square feet. The property features two dock-high doors and two drive-in doors, providing excellent access for loading and unloading. Ample parking is available with four total spaces. The building offers 200 amp/277-480v 3-phase 4-wire power. The property is zoned M1.5 and its APN is 3271-029-090. Located in the Santa Clarita Valley submarket, this property offers convenient access via Commerce Center Drive and Industry Drive. While there are no elevators, the single-story design ensures easy accessibility. This is an ideal space for businesses seeking a blend of office and warehouse functionality in a desirable location. The property's building floor area ratio (FAR) is 0.09. Don't miss this chance to secure your business's future in this well-situated and versatile property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Valencia
    County
    Los Angeles
    State
    California
    Longitude
    -118.624
    Latitude
    34.4468

    Comparable in this City

    • Value Estimation by Request
      79,247 SF

      28159 Avenue Stanford

      Life science properties
      28159 Avenue Stanford, Santa Clarita, CA 91355
      View Details
    • Value Estimation by Request
      25,965 SF

      29170 Avenue Penn

      Distribution properties
      29170 Avenue Penn, Valencia, CA 91355
      View Details
    • Value Estimation by Request
      48,592 SF

      24831 Avenue Tibbitts

      Distribution properties
      24831 Avenue Tibbitts, Santa Clarita, CA 91355
      View Details
    • Value Estimation by Request
      38,625 SF

      28337-28351 Constellation Rd

      Distribution properties
      28337-28351 Constellation Rd, Santa Clarita, CA 91355
      View Details
    • Value Estimation by Request
      60,474 SF

      28212-28230 Constellation Rd

      Refrigerated & Cold Storage
      28212-28230 Constellation Rd, Santa Clarita, CA 91355
      View Details
    • Value Estimation
      $13,190,000
      107,828 SF

      28455 Livingston Ave

      DISTRIBUTION WAREHOUSE
      28455 Livingston Ave, Valencia, CA 91355-4173
      View Details

    Similar Nearby for Sale

    • $7,425,000
      25,437 SF

      Valencia Industrial Center Opportunity

      Free-standing industrial building in Valencia, CA, for sale.
      25230 Avenue Stanford, Valencia, CA 91355
      View Details
    • $7,425,000

      Valencia Industrial Center Opportunity

      Versatile industrial space in a sought-after commercial corridor.
      25230 Avenue Stanford, Valencia, CA 91355
      View Details
    • Contact for pricing
      5,980 SF

      Valencia Flex Condo For Sale

      Premier 5,980 sq.ft. flex condo in Avenue Sherman Business Park.
      29033 Avenue Sherman, Valencia, CA 91355
      View Details
    • Contact for pricing
      8,393 SF

      Valencia Industrial Condo Investment Opportunity

      Leased industrial condo in Valencia Commerce Center for sale.
      28715-28727 W Industry Dr, Valencia, CA 91355
      View Details
    • $954,408
      Pending

      Office/Flex Condo in RiverCourt

      Office/Flex condo available for sale in Valencia, California.
      25239 Avenue Tibbitts, Valencia, CA 91355
      View Details

    Similar Nearby for Lease

    • $1.55 SF/Yr
      176,107 SF

      Class A Industrial Building Available

      Free-standing industrial building with recent renovations and convenient location.
      29125 Avenue Paine, Valencia, CA 91355
      View Details
    • $1.55 SF/Yr
      49,935 SF

      Valencia Warehouse with Loading Docks

      Warehouse space available in Valencia Commerce Center, December 2025.
      29011 Commerce Center Dr, Valencia, CA 91355
      View Details
    • Contact for pricing
      86,869 SF

      Valencia Industrial Space For Lease

      Industrial space available in Valencia Commerce Center.
      28557 Industry Dr, Valencia, CA 91355
      View Details
    • $1.55 SF/Yr
      134,705 SF

      Class A Industrial Building

      Freestanding industrial building with extensive renovations and high visibility.
      29120 Commerce Center Dr, Valencia, CA 91355
      View Details
    • Contact for pricing
      108,933 SF

      Valencia Commerce Center Warehouse Space

      Warehouse space with 21 doors, concrete apron, and freeway access.
      28104 Witherspoon Pkwy, Valencia, CA 91355
      View Details
    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.
    28028 Industry Dr
    Valencia, CA 91355
    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
    28028 Industry Dr, Valencia, CA, 91355
    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!