Warehouse Office Condo End
12 W Larch Road B19/ Tracy, CA 95304
For Sale
$980,000
End unit in a light industrial warehouse/office condominium with a grade-level roll-up door and leased through February 2027.
Property Size3,513 SF
Price / SF$278.96
Days on Market22
Property Features for 12 W Larch Road B19/
General Information
- Standard status
- Active
- Size
- 3,513 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2007
Listing Agency:
West One Real Estate, Inc.
(209) 482-8088
Listed By:
Jennifer West · License #01211033
(209) 482-8088
Source:
Exitrealty
Added: Jul 3
Changed: Jul 23
Last Checked: Jul 23 at 5:33PM
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.
This light industrial warehouse/office condominium suite is located as an end unit in Building B within a multi-tenant business complex. The configuration includes approximately 1,948 SF of office space with glass storefront entries and approximately 1,565 SF of warehouse space. Warehouse features include a 12' x 14' grade-level roll-up door, 20'–23' insulated clear height, skylights, and a fire sprinkler system. The suite is served by a 200 Amp, 3-phase electrical service and includes two restrooms.
The property is within Tracy Business Park and provides convenient access directly off I-205 at the Tracy Blvd exit. The complex has gated access and professional landscaping, with steel frame/stucco construction.
The unit is part of a Zoned PUD condominium association governed by CC&R’s and is currently leased through February 2027.
The property is within Tracy Business Park and provides convenient access directly off I-205 at the Tracy Blvd exit. The complex has gated access and professional landscaping, with steel frame/stucco construction.
The unit is part of a Zoned PUD condominium association governed by CC&R’s and is currently leased through February 2027.
Key Highlights
- Leased through February 2027 for income production
- Building B end unit in Tracy Business Park with gated access
- Includes 1,948 SF office with glass storefront entries and 1,565 SF warehouse space
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
NOI $49,356 @ 7.0% cap · market cap 5.04%
Second Best
Flex RnD
$587.6K
$514.1K – $685.5K
NOI $41,130 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$771.5K
$675.0K – $900.0K
NOI $54,002 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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 - End unit in a light industrial warehouse/office condominium with a grade-level roll-up door and leased through February 2027.
Where is this flex space located?
The property is located at 12 W Larch Road 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 for income production; Building B end unit in Tracy Business Park with gated access; Includes 1,948 SF office with glass storefront entries and 1,565 SF warehouse space
