Light Industrial Condo with Roll-Up
120 N Pacific St C1 San Marcos, CA 92069
120 N Pacific St C1, San Marcos, CA, 92069
$640,000
For Sale
$640,000
Single-story light industrial condo with HVAC, front showroom, offices, and a rear roll-up door.
Property Size1,600 SF
Price / SF$400
Days on Market69
Property Features for 120 N Pacific St C1
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing agency
Century 21 Masters
(760) 805-3003
Listed by
Zohra Emery · License #02029069
(760) 805-3003
Source
Elliman
Added: May 15 Updated: Jul 22 at 4:26PM Checked: Jul 22 at 4:26PM
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 Century 21 Masters
Investment Insights
Based on property information with market context.
A single-story light industrial condo in San Marcos’ established industrial corridor featuring a front showroom, two private offices, and a spacious workshop. The unit is 100% HVAC-conditioned and offers 12–14’ clear heights. Interior finishes include a 90% drop T-bar ceiling, recently refreshed new paint, and a remodeled restroom, with wiring in place for highway-facing signage. A brand-new rear roll-up door supports flexible day-to-day operations.
The property sits on Prime Hwy 78 frontage and is located within a secure, gated business park with immediate access to the 78, 5, and 15 freeways. Public remarks cite exceptional visibility to approximately 163,000 cars daily.
HOA is listed as $498 per month and includes water, trash, exterior maintenance, landscaping, and security.
The property sits on Prime Hwy 78 frontage and is located within a secure, gated business park with immediate access to the 78, 5, and 15 freeways. Public remarks cite exceptional visibility to approximately 163,000 cars daily.
HOA is listed as $498 per month and includes water, trash, exterior maintenance, landscaping, and security.
Key Highlights
- 1,600 SF single‑story light industrial condo with front showroom, two private offices, and a spacious workshop
- 12–14' clear heights and a 90% drop T‑bar ceiling
- 100% HVAC‑conditioned space with front wiring ready for custom highway‑facing signage
Local Financial Insights For Office B
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 | $57.6k | $36.00 |
| − Vacancy | −$8.2k | −$5.15 |
| EGI | $49.4k | $30.85 |
| − OpEx | −$12.3k | −$7.71 |
| NOI | $37.0k | $23.14 |
1,600 SF · lease $36.00/SF/yr · vacancy 14.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$528.9K
$462.8K – $617.0K
NOI $37,022 @ 7.0% cap · market cap 5.78%
Second Best
Flex RnD
$471.1K
$412.3K – $549.7K
NOI $32,980 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$733.1K
$641.4K – $855.3K
NOI $51,315 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Champion Air Conditioning ...
HVAC Service
Center Stage
Recording Studio
Elisha Vasquez Realtor ...
Real Estate Agency
same day courier ...
Specialty Food Shop
J A Fergus Heating ...
HVAC Service
Similar For Sale Nearby
Similar Off Market Nearby
- Mili's Sweets — 980 Los Vallecitos Blvd, San Marcos, CA 92069
- Driana Catering Inc. — 980 Los Vallecitos Blvd, San Marcos, CA 92069
- Prime Cuts Catering — Suite B, 980 Los Vallecitos Blvd, San Marcos, CA 92069
- Muqaddas Catering — 980 Los Vallecitos Blvd b, San Marcos, CA 92069
- Marisco's Germán — Linda Vista Dr, San Marcos, CA 92078
FAQs
What type of property is this?
Flex space - Single-story light industrial condo with HVAC, front showroom, offices, and a rear roll-up door.
Where is this flex space located?
The property is located at 120 N Pacific St C1 San Marcos, CA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 1,600 SF single‑story light industrial condo with front showroom, two private offices, and a spacious workshop; 12–14' clear heights and a 90% drop T‑bar ceiling; 100% HVAC‑conditioned space with front wiring ready for custom highway‑facing signage
