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

    Azusa Ave City of Industry, CA 91744

    • Retail properties
    • 1,315 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Azusa Ave

    Property size
    1,315 SF
    Property type
    Retail properties
    Property subtype
    Bars

    Description

    This 1,315 square foot retail space is located in the Puente Hills City of Industry submarket of Los Angeles County, at 1600 S Azusa Avenue. The property is a single-tenant space within an existing and operating 24 Hour Fitness gym, offering a unique opportunity for a variety of health and wellness businesses. Ideal uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and sales of sport, health, and wellness products and accessories, including workout apparel. Prospective tenants should note that uses involving on-site food and beverage preparation, pole dancing classes, or those requiring significant construction or utility upgrades are not permitted. The lease includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This exceptional location presents a strong opportunity for a business seeking high visibility within a well-established fitness center. The space is currently vacant and ready for immediate occupancy. The property is classified as Retail, Subtype Club.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    City of Industry
    County
    Los Angeles
    State
    California
    Longitude
    -117.927
    Latitude
    33.9917

    Comparable in this City

    • Value Estimation by Request
      5,343 SF

      15869 Amar Rd

      Individual retail properties • 5,343 SF
      15869 Amar Rd, La Puente, CA 91744
      View Details
    • Value Estimation by Request
      5,343 SF

      15869 Amar Rd

      Automotive properties • 5,343 SF
      15869 Amar Rd, La Puente, CA 91744
      View Details
    • Value Estimation
      $495,000
      1,296 SF

      15925 Amar Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,296 SF
      15925 Amar Rd, La Puente, CA 91744-2202
      View Details
    • Value Estimation
      $510,000
      1,560 SF

      16008 Old Vly Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,560 SF
      16008 Old Vly Blvd, La Puente, CA 91744-5428
      View Details
    • Value Estimation by Request

      1217 Hacienda Blvd

      Individual retail properties
      1217 Hacienda Blvd, La Puente, CA 91744
      View Details
    • Value Estimation by Request
      0.10 Acres

      La Puente, CA 91744

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 0.10 Acres
      La Puente, CA 91744
      View Details

    Similar Nearby for Sale

    • $100,000

      La Puente Restaurant Opportunity

      Well-known family restaurant in La Puente since 1975.
      15733 Amar Rd, La Puente, CA 91744
      View Details
    • $1,100,000

      Commercial Building in La Puente

      Stand-alone building with parking near downtown La Puente.
      16110 Old Vly Blvd, La Puente, CA 91744
      View Details
    • $1,098,000
      16,517 SF

      La Puente Development Opportunity

      22-unit apartment development in a Metro-designated area.
      15925 Amar Rd, La Puente, CA 91744
      View Details
    • $165,000

      Condo in Covina Hills Community

      Condo with amenities in a convenient location.
      17350 Temple 288, La Puente, CA 91744
      View Details
    • $2,500,000
      1.10 Acres

      La Puente Drive-Thru Land

      1.1-acre commercial lot, high traffic.
      435 Azusa Ave, La Puente, CA 91744
      View Details
    • $545,000

      La Puente Specialty Property

      Specialty property available for sale in La Puente, CA.
      15943 Amar Rd, La Puente, CA 91744
      View Details

    Similar Nearby for Lease

    • $1.75 SF/Yr
      31,476 SF

      La Puente Warehouse Space Available

      Industrial warehouse space for lease in La Puente, California.
      489 Yorbita Rd, La Puente, CA 91744
      View Details
    • $1.35 SF/Yr
      15,710 SF

      Industrial Warehouse Near Freeways

      Warehouse with access to 57 & 60 Freeways.
      Industry, La Puente, CA 91744
      View Details
    • $11,000 /Mo

      Industrial Property for Rent

      Industrial property available for lease in La Puente, CA.
      241 N California Ave, La Puente, CA 91744
      View Details
    • $16,850 /Mo

      Freestanding Warehouse with Office Space

      Single-story warehouse with offices, parking, and ground-level loading.
      220 N Sunset Ave, La Puente, CA 91744
      View Details
    • Contact for pricing
      52,173 SF

      Stafford St Industrial/Office Space

      City of Industry, CA: Flexible Office & Warehouse
      15205 Stafford St, City of Industry, CA 91744
      View Details
    • $1.42 SF/Yr
      38,016 SF

      Refurbished Warehouse with Bridge Crane

      Industry warehouse featuring bridge crane, docks, and fenced yard.
      Industry, La Puente, CA 91744
      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.
    Azusa Ave
    City of Industry, CA 91744
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.