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    Industrial Warehouse with Highway Access Title is generated by Realmo AI

    265 Bel Marin Keys Blvd, Novato, CA

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    31,541 SF warehouse with convenient highway access.

    Type:INDUSTRIAL
    Property size:
    31,541 SF
    Lot size:
    1.69 Acres
    Price / SF:
    $285/SF
    Added:
    Mar 19, 2025
    Days on Market:
    453
    Last Refresh:
    May 20 at 8:58 pm

    Property Features for 265 Bel Marin Keys Blvd

    General Information

    Standard status
    Active
    Size
    31,541 SF
    Lot size
    1.69 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Mark Maguire
    Mark Maguire

    Listing agent Mark Maguire License #CA-01190597

    Listing office Colliers | Oakland

    Listing date Mar 19, 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 Colliers | Oakland

    HighLights

    • Immediate access to Interstate 101
    • ±5,500 SF office space available
    • Features six (6) grade‑level doors
    • Includes a dock‑high loading well
    • Benefit from ±21‑22’ minimum clear height
    • Fully sprinklered for safety

    Overview

    This industrial property features approximately 5,500 square feet of office space and a total area of 31,541 square feet. It includes six grade-level doors and a dock-high loading well. The warehouse offers a minimum clear height of approximately 21 to 22 feet and is fully sprinklered. The property benefits from immediate access to Interstate 101.

    Local Financial Insights For Warehouse

    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 $605.6k $19.20
    − Vacancy −$39.4k −$1.25
    EGI $566.2k $17.95
    − OpEx −$84.9k −$2.69
    NOI $481.3k $15.26
    31,541 SF · lease $19.20/SF/yr · vacancy 6.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $6.88M
    $6.02M – $8.02M (±1% cap)
    NOI $481,290 @ 7.0% cap · market cap 5.35%
    Second Best
    Industrial
    $5.39M
    $4.72M – $6.29M (±1% cap)
    NOI $377,546 @ 7.0% cap · market cap 4.19%
    Theoretical Best
    Specialty Retail
    $154.06M
    $134.81M – $179.74M (±1% cap)
    NOI $10,784,538 @ 7.0% cap · market cap 119.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    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

    • Ignacio Mini Storage — 394 Bel Marin Keys Blvd, Novato, CA 94949
    • Novato Mini Storage — 21 Commercial Blvd, Novato, CA 94949
    • A and P Records Management and Mobile Certified Shredding — 111 Hamilton Dr, Novato, CA 94949
    • Luigys Moving & Storage Novato — 122 Hamilton Dr, Novato, CA 94949

    Location Insight

    • Map
    • Local Demand
    City
    Novato
    County
    Marin
    State
    California
    Longitude
    -122.536
    Latitude
    38.0707

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    FAQs

    What type of property is this?
    Warehouse - 31,541 SF warehouse with convenient highway access.
    Where is this warehouse located?
    The property is located at 265 Bel Marin Keys Blvd Novato, CA.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: Immediate access to Interstate 101; ±5,500 SF office space available; Features six (6) grade‑level doors
    (510) 219-7854 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Maguire
    Mark Maguire
    Real Estate License ID: CA-01190597
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