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    Large Warehouse on 4.17 Acres Title is generated by Realmo AI

    108 Alpine Dr, Gonzales, CA

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    16,000 SF warehouse on 4.17 acres for sale.

    Type:INDUSTRIAL
    Property size:
    16,000 SF
    Lot size:
    4.17 Acres
    Price / SF:
    $212/SF
    Added:
    Jun 12, 2025
    Days on Market:
    340
    Last Refresh:
    Apr 5 at 9:42 pm

    Property Features for 108 Alpine Dr

    General Information

    Standard status
    Active
    Size
    16,000 SF
    Lot size
    4.17 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    James Kendall
    James Kendall

    Listing agent James Kendall

    Listing office Mahoney & Associates Commercial Real Estate

    Listing date Jun 12, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Mahoney & Associates Commercial Real Estate

    HighLights

    • Large ± 16,000 SF warehouse building on ± 4.17 acres.
    • Income‑generating cell tower ($1,808 monthly) and yard rental ($3,000 monthly).
    • Features two large 15’ x 14’ roll‑up doors and 18’ clear height.
    • Open span warehouse design.
    • 220‑amp, three‑phase power delivered to the site.
    • Approved city sewer connection.

    Overview

    Available for sale or lease is a large warehouse building with approximately 16,000 square feet of space, situated on approximately 4.17 acres of level land. The property is adjacent to the Southern Pacific Railroad tracks and features two large 15-foot by 14-foot roll-up doors and an 18-foot clear height with a completely open span. Access to the building is available from the north off Alta Street via Katherine Street and from the south via Gonzales River Road and Alpine Drive. The building has 100-amp power, and 220-amp, three-phase power is delivered to the site at the pole. A cell tower on the property generates $1,808 monthly, and a portion of the yard is rented month to month at $3,000. The new owner may benefit from installing a restroom, as one does not currently exist, and connecting the property to the city sewer, which has already been approved.

    Financial Insights

    Value Estimation Calculated for Warehouse

    Conservative
    $2.46M
    NOI $221,431 @ 9.00% cap · cautious / downside scenario
    Moderate
    $3.16M
    NOI $221,431 @ 7.00% cap · market / base-case scenario
    Aggressive
    $4.43M
    NOI $221,431 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Warehouse

    Component $ $/SF
    Gross rent $282.2k $17.64
    − Vacancy −$21.7k −$1.36
    EGI $260.5k $16.28
    − OpEx −$39.1k −$2.44
    NOI $221.4k $13.84
    16,000 SF · lease $17.64/SF/yr · vacancy 7.70% · expense 15.00%

    Alternative Use Scenarios

    Best Use
    Warehouse
    $3.16M
    $2.77M – $3.69M (±1% cap)
    NOI $221,431 @ 7.0% cap · market cap 6.51%
    Second Best
    Industrial
    $2.76M
    $2.41M – $3.22M (±1% cap)
    NOI $192,902 @ 7.0% cap · market cap 5.67%
    Theoretical Best
    Specialty Retail
    $6.11M
    $5.35M – $7.13M (±1% cap)
    NOI $427,651 @ 7.0% cap · market cap 12.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gonzales
    County
    Monterey
    State
    California
    Longitude
    -121.444
    Latitude
    36.5066

    FAQs

    What type of property is this?
    Warehouse - 16,000 SF warehouse on 4.17 acres for sale.
    Where is this warehouse located?
    The property is located at 108 Alpine Dr Gonzales, CA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: Large ± 16,000 SF warehouse building on ± 4.17 acres.; Income‑generating cell tower ($1,808 monthly) and yard rental ($3,000 monthly).; Features **two large 15’ x 14’ roll‑up doors** and **18’ clear height**.
    (831) 275-0129 Call to check price and availability
    More about this property
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