Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    517 Wilson Ave Glendale, CA 91206

    • Office Properties & Spaces
    • 9,924 SF
    For Lease
    View listing
    $2 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jan Weimer Research Fund / Medical Clinic
    • FedEx Drop Box / Postal Service / Courier Service
    • Restorerz Emergency Services / Hardware & Home Improvement / Construction Company
    • Dr. Robert Hutchman / Physician / Medical Clinic

    Property Details for 517 Wilson Ave

    Property size
    9,924 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional two-story office building, located at 517 E Wilson Ave in Glendale, California (zip code 91206), offers a total of 9,924 square feet of executive office space within Los Angeles County. Currently, the entire building is available for lease, presenting a unique opportunity for a single tenant or multiple occupants. The property features six individual suites of varying sizes, ranging from approximately 1,723 square feet to 2,153 square feet. Specific suite sizes include approximately 2,096 sq ft (Suite 201), 2,153 sq ft (Suite 202), 1,723 sq ft (Suite 203), 2,120 sq ft (Suite 204), and 1,832 sq ft (Suite 205). The entire second floor comprises approximately 9,924 square feet and is also available for lease. Ample parking is provided with 42 spaces. This property is ideally suited for businesses seeking a prestigious address in Glendale, offering flexible space options to accommodate various needs. The building's location in Los Angeles County provides easy access to major transportation routes and a vibrant business community. This is a multi-tenant property with immediate occupancy. Inquire today to explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Los Angeles
    State
    California
    Longitude
    -118.249
    Latitude
    34.1484

    Comparable in this City

    • Value Estimation by Request
      16,460 SF

      206 Jackson St

      Office Properties & Spaces • 16,460 SF
      206 Jackson St, Glendale, CA 91206
      View Details
    • Value Estimation by Request
      2,193 SF

      206 St Unit 202

      Office Properties & Spaces • 2,193 SF
      206 St Unit 202, Glendale, CA 91206
      View Details
    • Value Estimation
      $1,285,000
      5,297 SF

      625 Maryland Ave

      OFFICE BUILDING • 5,297 SF
      625 Maryland Ave, Glendale, CA 91206-2245
      View Details
    • Value Estimation
      $3,855,000
      18,141 SF

      200 Maryland Ave

      OFFICE BUILDING (MULTI-STORY) • 18,141 SF
      200 Maryland Ave, Glendale, CA 91206-4262
      View Details
    • Value Estimation
      $1,570,000
      5,000 SF

      134 Glendale Ave

      PROFESSIONAL BUILDING • 5,000 SF
      134 Glendale Ave, Glendale, CA 91206-4451
      View Details
    • Value Estimation by Request
      1,903 SF

      238 Glendale Ave

      MEDICAL BUILDING • 1,903 SF
      238 Glendale Ave, Glendale, CA 91206
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,193 SF

      Glendale Office Suite - Prime Location

      Spacious office, 7 parking spaces, ideal location.
      206 St Unit 202, Glendale, CA 91206
      View Details
    • $1,750,000
      27.14 Acres

      Los Angeles Luxury Development Site

      27+ Acres, Stunning Views, Prime Location
      0 Mount Carmel Dr, Glendale, CA 91206
      View Details
    • $525,000
      839 SF

      Stylish Condo in Prime Glendale

      Bright, updated 1-bedroom condo with modern amenities and prime location.
      310 N Jackson St, Glendale, CA 91206
      View Details
    • $35,000
      0.15 Acres

      Glen Oaks Canyon Vacant Land

      Vacant lot in Glendale's Glen Oaks Canyon area.
      Corlington Rd, Glendale, CA 91206
      View Details
    • $375,000

      Land For Sale Glendale

      Land available for sale in Glendale, California.
      2745 Kennington Dr, Glendale, CA 91206
      View Details
    • $150,000

      Glendale Land Investment Opportunity

      Prime .28 acre parcel in desirable Glendale neighborhood.
      Unknown, Glendale, CA 91206
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      9,924 SF

      Glendale Executive Office Suites

      Prime Glendale Office Space, 6 Suites Available
      517 Wilson Ave, Glendale, CA 91206
      View Details
    • Contact for pricing

      Leased Office Building in Glendale

      100% leased office building. No current availability.
      1461 E Chevy Chase Dr, Glendale, CA 91206
      View Details
    • $2 SF/Yr
      428 SF

      Glendale Office Space For Lease

      Office suite available for lease in Glendale, California.
      600 W Broadway, Glendale, CA 91206
      View Details
    • Contact for pricing

      Leased Office Building in Glendale

      100% leased office building, no current availability.
      741 Glenvia St, Glendale, CA 91206
      View Details
    • Contact for pricing
      650 SF

      Glendale Office Space For Rent

      Third floor office space available for rent in Glendale, CA.
      512 E Wilson Ave, Glendale, CA 91206
      View Details
    • $3,600 /Mo
      1,215 SF

      Glendale Condo with Updated Interior

      Turnkey 2-bedroom, 2-bathroom condo with modern finishes and convenient location.
      234 N Kenwood St, Glendale, CA 91206
      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.
    517 Wilson Ave
    Glendale, CA 91206
    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

    Google sign-in failed. Please try again or use another login method.