Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    125 Aspan Ave Azusa, CA 91702-4231

    • Manufacturing properties
    • 29,328 SF
    • 1.45 lot acres
    OFF-MARKET
    Last Sale
    Dec 29, 2021
    $831,500
    Value Estimations
    $825,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8520907
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 125 Aspan Ave

    Year built
    1991
    Construction
    TILT-UP CONCRETE
    Lot size
    1.45 lot acres
    Property size
    29,328 SF
    Zone code
    AZM1*
    Property type
    Manufacturing properties
    APN
    8615-019-042
    APU
    8615019042

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $815,000
      ML approach
      $895,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $976,000
      Market price range: $749k - $3.02M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Azusa
    County
    Los Angeles
    State
    California
    Longitude
    -117.92
    Latitude
    34.1226
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $35,678
    $1,448,329
    $1,013,827
    $2,462,156
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $370,000
      19,250 SF

      330 Irwindale Ave

      MANUFACTURING (LIGHT) • 19,250 SF
      330 Irwindale Ave, Azusa, CA 91702-3214
      View Details
    • Value Estimation
      $355,000
      5,070 SF

      730 Coney Ave

      MANUFACTURING (LIGHT) • 5,070 SF
      730 Coney Ave, Azusa, CA 91702-2239
      View Details
    • Value Estimation
      $400,000
      10,020 SF

      501 Foothill Blvd

      MANUFACTURING (LIGHT) • 10,020 SF
      501 Foothill Blvd, Azusa, CA 91702-2345
      View Details
    • Value Estimation
      $255,000
      640 SF

      916 Foothill Blvd

      MANUFACTURING (LIGHT) • 640 SF
      916 Foothill Blvd, Azusa, CA 91702-2842
      View Details
    • Value Estimation
      $605,000
      29,283 SF

      1100 Foothill Blvd

      FOOD PROCESSING • 29,283 SF
      1100 Foothill Blvd, Azusa, CA 91702-2818
      View Details
    • Value Estimation
      $525,000
      24,114 SF

      1535 Mckinley St

      MANUFACTURING (LIGHT) • 24,114 SF
      1535 Mckinley St, Azusa, CA 91702-3245
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      45,320 SF

      Industrial Buildings with Office Space

      Two industrial buildings featuring office space, loading positions, and fenced yard.
      1520-1545 W Roosevelt St, Azusa, CA 91702
      View Details
    • $1,500,000
      5,346 SF

      Azusa Industrial Building - Great Value

      Prime Azusa location, 5,346 sq ft industrial space. Excellent investment opportunity.
      159 Irwindale Ave, Azusa, CA 91702
      View Details
    • Contact for pricing
      6,400 SF

      Industrial Building with Office Space

      Industrial building featuring office space, close to freeways.
      401-403 S Irwindale Ave, Azusa, CA 91702
      View Details
    • $2,629,000
      11,000 SF

      Industrial Building with Office Space

      Industrial building featuring office space and multiple ground-level doors.
      1577-1585 Roosevelt St, Azusa, CA 91702
      View Details
    • $6,888,888
      26,697 SF

      Two-Building Commercial Property in Azusa

      Two buildings totaling over 26,000 SF on over one acre.
      748 N Mckeever Ave, Azusa, CA 91702
      View Details
    • Contact for pricing
      12,400 SF

      Industrial Property Near Freeways

      Three buildings totaling approximately 12,400 SF, close to freeways.
      400 S Irwindale Ave, Azusa, CA 91702
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      81,416 SF

      Azusa Industrial Property - 81,416 SF

      Large industrial space, ideal for manufacturing.
      1061 5 St, Azusa, CA 91702
      View Details
    • $13,500 /Mo
      6,305 SF

      Azusa Commercial Building For Lease

      Prime commercial building in Azusa, San Gabriel Valley. Move-in ready.
      1301 W Foothill Blvd, Azusa, CA 91702
      View Details
    • Contact for pricing
      18,500 SF

      Prime Azusa Retail Space

      18,500 SF Retail Building - Available Now
      367 Citrus Ave, Azusa, CA 91702
      View Details
    • $0.39 SF/Yr
      1 SF

      Land with Secured Yard

      Land with building, fenced, paved, and secured yard available for rent.
      1125 S Mira Loma Dr, Azusa, CA 91702
      View Details
    • $19 SF/Yr
      37,014 SF

      Azusa Retail Space For Lease

      Prime Azusa location, multiple units available.
      665 Arrow Hwy, Azusa, CA 91702
      View Details
    • $17 SF/Yr
      3,000 SF

      Prime Azusa Avenue Retail Space

      1,250 SF Storefront - High-Traffic Location
      728 Azusa Ave, Azusa, CA 91702
      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.
    125 Aspan Ave
    Azusa, CA 91702-4231
    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.