Flex Warehouse with
1146 N Melrose Dr Vista, CA 92083
1146 N Melrose Dr, Vista, CA, 92083
Contact for pricing
For Sale
Contact for pricing
Divisible warehouse and office space with fully sprinklered layout, 16’ clear height, and three grade-level doors.
Property Size5,162 SF
Price / SF$285
Days on Market58
Property Features for 1146 N Melrose Dr
General Information
- Standard status
- Active
- Size
- 5,162 SF
- Property subtype
- INDUSTRIAL
Listing agency
Lee & Associates | North San Diego County
(760) 672-1041
Listed by
Isaac Little · License #01773106
(760) 672-1041
Source
Moodyscre
Added: May 25 Updated: Jul 20 at 6:46PM Checked: Jul 20 at 6:46PM
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 Lee & Associates | North San Diego County
Investment Insights
Based on property information with market context.
This multi- or single-tenant flex warehouse totals 5,162 square feet and is divisible into two units (801/802). The floor plan includes a warehouse component of 4,078 square feet and office space totaling 1,084 square feet. The building provides a fully sprinklered system throughout.
Operational features include a minimum 16’ clear height and three grade-level loading doors. Parking is provided at 2.32 spaces per 1,000 square feet, with 12 stalls. The property also includes a fenced yard of approximately 2,000 square feet that is partially covered.
Power is described as ample, and the buyer is asked to verify. The building’s overall loading and layout support a wide range of warehouse and light industrial office uses, subject to confirmation of applicable requirements.
Operational features include a minimum 16’ clear height and three grade-level loading doors. Parking is provided at 2.32 spaces per 1,000 square feet, with 12 stalls. The property also includes a fenced yard of approximately 2,000 square feet that is partially covered.
Power is described as ample, and the buyer is asked to verify. The building’s overall loading and layout support a wide range of warehouse and light industrial office uses, subject to confirmation of applicable requirements.
Key Highlights
- 5,162 SF industrial building divisible into two units (801/802)
- Warehouse layout: 4,078 SF (79%); office: 1,084 SF (21%)
- 16’ minimum clear height plus three (3) grade‑level loading doors
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $185.8k | $36.00 |
| − Vacancy | −$26.6k | −$5.15 |
| EGI | $159.3k | $30.85 |
| − OpEx | −$39.8k | −$7.71 |
| NOI | $119.4k | $23.14 |
5,162 SF · lease $36.00/SF/yr · vacancy 14.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.71M
$1.49M – $1.99M
NOI $119,444 @ 7.0% cap · market cap 8.12%
Second Best
Flex RnD
$1.52M
$1.33M – $1.77M
NOI $106,402 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,554 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Autotyme Automotive Inc.
Auto Repair Shop
Capels Porta
Building Supply
Similar For Sale Nearby
Similar Off Market Nearby
- SuperStorage — 415 Olive Ave, Vista, CA 92083
- Rocket Self Storage — 539 Olive Ave, Vista, CA 92083
- StorQuest — 510 North Ave, Vista, CA 92083
- Pacific-Melrose Mini Storage — 527 Olive Ave, Vista, CA 92083
- Melrose Mini Storage — 725 Olive Ave, Vista, CA 92083
FAQs
What type of property is this?
Warehouse - Divisible warehouse and office space with fully sprinklered layout, 16’ clear height, and three grade-level doors.
Where is this warehouse located?
The property is located at 1146 N Melrose Dr Vista, CA.
What is the asking price?
The asking price for this property is $1,471,170.
What are key features of this property?
This property features: 5,162 SF industrial building divisible into two units (801/802); Warehouse layout: 4,078 SF (79%); office: 1,084 SF (21%); 16’ minimum clear height plus three (3) grade‑level loading doors
