Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1232 Los Vallecitos Blvd San Marcos, CA 92069

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.70 SF/Yr

    1,260 SF industrial space with excellent highway access and visibility.

    Building Details

    Year built
    1998

    We can help!

    Listing Contact
    Stephen Crockett
    Stephen Crockett
    Source: Lee-associates

    Listing Agency: Lee & Associates | North San Diego County Listing Agent: Stephen Crockett

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

    Learn more

    Property Insight Report

    Overview

    San Marcos Industrial Space Available

    This 1,260 SF industrial space features an approximate 18’ clear height and one grade-level door per unit. The property has 100 Amps of power and industrial zoning (Factory - Light MFG - 41). Drive-around truck access is available. Located on Los Vallecitos Blvd in San Marcos, CA 92069, the property is within walking distance of the Sprinter Station at Las Posas and Armorlite Drive and is situated at the beginning of “Furniture Row.” It offers excellent access to Highway 78 via Las Posas Rd. or San Marcos Blvd. Excellent freeway and street visible signage opportunities are available to over 120,000 cars per day. Cox high-speed internet is available. The property provides excellent access to Highway 78 and street visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    California Tile Arte General Contractor Natural Stone Tiles ... Hardware & Home Improvement Hermann Outfitter Ltd Auto Parts Store Tile Direct San ... Hardware & Home Improvement SandsPatio Furniture & Home Goods

    Suggested Use

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

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

    Similar Places Nearby

    Mili's Sweets, My Forking Kitchen, Driana Catering Inc., Prime Cuts Catering, Marisco's Germán

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.1894281
    Latitude
    33.1438478

    Nearby Similar for Lease

    • $1,935 /Mo

      San Marcos Upstairs Office Space

      Upstairs office space available near Cal State San Marcos.
      823 Grand Ave, San Marcos, CA 92078
      View Details
    • $3,168 /Mo

      Retail/Office Space with Patio

      Retail or office space featuring a fireplace and outdoor patio.
      823 Grand Ave, San Marcos, CA 92078
      View Details
    • Contact for pricing

      Retail Space in San Marcos

      Retail space anchored by high-performing Albertsons in San Elijo Hills.
      1231 Elfin Forest Rd, San Marcos, CA 92078
      View Details
    • Contact for pricing

      San Marcos Retail Center For Rent

      Grocery and discount anchored shopping center with completed renovations.
      109-195 South Rancho Santa Fe Rd, San Marcos, CA 92078
      View Details
    • Contact for pricing
      1,300 SF

      Drive-Thru Restaurant Space Available

      New construction drive-thru restaurant space for rent, delivery November 2026.
      200 S Las Posas Rd, San Marcos, CA 92078
      View Details
    • Contact for pricing

      Retail Center Anchored by Ralphs

      Retail spaces available in a center anchored by strong retailers.
      300-305 South Twin Oaks Valley Rd, San Marcos, CA 92078
      View Details
    • Contact for pricing
      158,923 SF

      San Marcos Industrial/Flex Submarket Space

      Located in a highly sought after industrial/flex submarket.
      1655 South Rancho Santa Fe Rd, San Marcos, CA 92078
      View Details
    • Contact for pricing
      2,225 SF

      San Marcos Industrial/Flex Space

      Industrial/flex space in high-demand San Marcos submarket.
      1665 S Rancho Santa Fe Rd, San Marcos, CA 92078
      View Details
    • $3,168 /Mo

      Retail/Office Space with Patio

      Retail or office space featuring a fireplace and outdoor patio.
      823 Grand Ave, San Marcos, CA 92078
      View Details
    • Contact for pricing
      2,625 SF

      Retail Space Near San Marcos High

      Retail space with patio opportunity near high-traffic area.
      675 S Rancho Santa Fe Rd, San Marcos, CA 92078
      View Details
    • $0.11 SF/Yr

      San Marcos Industrial Space Available

      Industrial property in San Marcos with flexible zoning and quick freeway access.
      960-974 Rancheros Dr, San Marcos, CA 92069
      View Details
    • $1.45 SF/Yr

      Grocery Anchored Retail Space Available

      Retail spaces available within a Stater Brothers anchored shopping center.
      1230-1350 E Mission Rd, San Marcos, CA 92069
      View Details

    FAQs

    What type of property is this?
    Flex space - 1,260 SF industrial space with excellent highway access and visibility.
    Where is this flex space located?
    The property is located at 1232 Los Vallecitos Blvd San Marcos, CA.
    What is the lease rate?
    The lease rate is $1.70 SF/Yr.
    What are key features of this property?
    This property features: - Excellent access to Highway 78 via Las Posas Rd. or San Marcos Blvd.; - **Excellent freeway and street visible signage opportunities to over 120,000 cars per day**; - 1,260 SF industrial space with approximately 18’ clear height
    (760) 845-0311
    Request Owner's contact information
    1232 Los Vallecitos Blvd San Marcos, CA 92069
    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.
    1232 Los Vallecitos Blvd
    San Marcos, CA 92069
    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
    1232 Los Vallecitos Blvd San Marcos, CA 92069
    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

    We can help!
    Listing Contact
    Stephen Crockett
    Stephen Crockett
    Real Estate License ID: 01027524
    (760) 845-0311 (760) 448-2439 (760) 929-9700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!