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Tracy Warehouse/Office Condo Investment

12 W Larch #B19/ Tracy, CA 95304

Claim this Listing
For Sale
$980,000

Light industrial warehouse/office condo in Tracy Business Park for sale.

Type:Commercial
Property size:
3,513 SF
Lot size:
5.09 Acres
Price / SF:
$278/SF
Added:
May 15, 2026
Days on Market:
58
Last Refresh:
Jul 5 at 10:24 am

Property Features for 12 W Larch #B19/

General Information

Standard status
Active
Size
3,513 SF
Lot size
5.09 Acres
Property subtype
Commercial

Building Details

Year Built
2007

Listing office WEST ONE REAL ESTATE, INC.

Listing date May 15, 2026

Source Corcoran

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 WEST ONE REAL ESTATE, INC.


Investment Insights

Based on property information with market context.

Located in Tracy Business Park, this light industrial warehouse/office condominium suite offers an investment opportunity. The property is situated in Building B and features approximately 1,948 square feet of office space with glass storefront entries and approximately 1,565 square feet of warehouse space. A 12' x 14' grade-level roll-up door provides access to the warehouse, which has a clear height of 20'-23'. The property includes skylights, a fire sprinkler system, and 200 Amp, 3-phase electrical service. There are two restrooms. Zoned PUD, the property is part of a Condominium Association with CCR's. The property is currently leased through February 2027. The multi-tenant business complex consists of approximately 86,181 total square feet on 5.09 acres, featuring gated access, professional landscaping, and steel frame/stucco construction. The property has convenient access directly off the I-205 freeway at the Tracy Blvd exit.

Key Highlights

  • Leased through February 2027, providing immediate and stable cash flow.
  • Convenient access directly off the I‑205 freeway at the Tracy Blvd exit.
  • Desirable end unit offering added privacy and functionality.

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 $59.9k $17.04
− Vacancy −$1.8k −$0.51
EGI $58.1k $16.53
− OpEx −$8.7k −$2.48
NOI $49.4k $14.05
3,513 SF · lease $17.04/SF/yr · vacancy 3.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$705.1K
$617.0K – $822.6K (±1% cap)
NOI $49,356 @ 7.0% cap · market cap 5.04%
Second Best
Flex RnD
$587.6K
$514.1K – $685.5K (±1% cap)
NOI $41,130 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$771.5K
$675.0K – $900.0K (±1% cap)
NOI $54,002 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Real Estate Agency Building Supply HVAC Service Pharmacy Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Hair Salon Dental Office

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

Similar Off Market Nearby

  • The Grub Republic — 2271 grant line rd #116, tracy, ca 95376
  • Yummys California Soul (Catering) — 200 W Clover Rd, Tracy, CA 95376

FAQs

What type of property is this?
Flex space - Light industrial warehouse/office condo in Tracy Business Park for sale.
Where is this flex space located?
The property is located at 12 W Larch #B19/ Tracy, CA.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Leased through February 2027, providing immediate and stable cash flow.; Convenient access directly off the I‑205 freeway at the Tracy Blvd exit.; Desirable end unit offering added privacy and functionality.
Contact an agent
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