Add Listing
    For Lease
    • 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

    10050 Waterman Rd Elk Grove, CA 95624

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    180,956 SF industrial warehouse in Elk Grove, CA.

    Property size:
    180,956 SF
    Lot size:
    180,956 SF

    Property Features for 10050 Waterman Rd

    General Information

    Size
    180,956 SF

    We can help!

    Listing Contact
    Zac Sweet
    Source: Cbre

    Listing Agent: Zac Sweet

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

    Learn more

    Overview

    Elk Grove Industrial Warehouse Space

    This industrial warehouse property, located in Elk Grove, California, offers approximately 180,956 square feet of space on a lot of about 9.95 acres. The building features a clear height of 32 feet and is zoned HI Heavy Industrial. It includes 4 grade doors and 30 dock doors. The sprinkler system is ESFR. Electrical capacity is 3,000 amps at 277/480 volts. There is a 185-foot truck court, 26 trailer parking spaces, and 183 auto parking spaces.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply 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

    Bond Road Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove
    County
    Sacramento
    State
    California
    Longitude
    -121.3550662
    Latitude
    38.3909998

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Elk Grove

      Discover many ways to work your way in Elk Grove
      9245 Laguna Springs Dr, Elk Grove, CA 95758
      View Details
    • $3,336 /Mo

      Elk Grove Flex Office Space

      Flex office space in Elk Grove's Laguna West Business Park.
      3137 Dwight Rd, Elk Grove, CA 95758
      View Details
    • Contact for pricing

      Class A Office Building Lease

      Class A office building for lease in Elk Grove, CA.
      8200 Longleaf Dr, Elk Grove, CA 95758
      View Details
    • Contact for pricing

      Community Center in Elk Grove

      Community center with national tenants available for lease.
      7440 Laguna Blvd, Elk Grove, CA 95758
      View Details
    • $2,550 /Mo
      2,010 SF

      Elk Grove Office Space Available

      Office space featuring reception, offices, conference room, and break area.
      9290 W Stockton Blvd, Elk Grove, CA 95624
      View Details
    • $2 SF/Yr
      5,025 SF

      Elk Grove Office Space

      Office space available for lease in Elk Grove, CA.
      2368 Maritime Dr, Elk Grove, CA 95758
      View Details
    • $1.35 SF/Yr
      2,725 SF

      Elk Grove Flex Space Available

      Flex space with office, showroom, and warehouse components for lease.
      10481 Grant Line Rd, Elk Grove, CA 95624
      View Details
    • $1.25 SF/Yr
      2,547 SF

      Elk Grove Warehouse/Showroom Space

      Warehouse/Showroom space with excellent access to Hwy 99.
      10471 Grant Line Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      15,238 SF

      Elk Grove Office Space

      Office space available for rent in Elk Grove, California.
      8220 Longleaf Dr, Elk Grove, CA 95758
      View Details
    • Contact for pricing
      252,503 SF

      Elk Grove Industrial Space Available

      Large industrial building with ample parking and highway access.
      9195 Brinkman Ct, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Retail Space in Elk Grove

      Well-maintained shopping center with ample parking and easy highway access.
      8351 Elk Grove Blvd, Elk Grove, CA 95758
      View Details
    • Contact for pricing
      956 SF

      Elk Grove Retail Space Available

      Retail space in well-maintained shopping center with ample parking.
      8351-8355 Elk Grove Blvd, Elk Grove, CA 95758
      View Details

    FAQs

    What type of property is this?
    Warehouse - 180,956 SF industrial warehouse in Elk Grove, CA.
    Where is this warehouse located?
    The property is located at 10050 Waterman Rd Elk Grove, CA.
    What are key features of this property?
    This property features: - Large Building Size: ±180,956 SF; - Substantial Dock Door Count: 30; - High Clear Height: 32’
    (916) 781-4810
    Request Owner's contact information
    10050 Waterman Rd Elk Grove, CA 95624
    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.
    10050 Waterman Rd
    Elk Grove, CA 95624
    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
    10050 Waterman Rd Elk Grove, CA 95624
    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
    Zac Sweet
    Real Estate License ID: 01352800
    (916) 781-4810
    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!