Light Industrial Condo with Roll-Up
For Sale
$640,000
120 N Pacific Street C1, San Marcos, CA 92069
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 Market153
Property Features for 120 N Pacific Street C1
General Information
Standard status
Active
Size
1,600 SF
Site & Location
Traffic Count
163,000 vehicles/day
Highway Access
Yes
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
1
Building Details
Year Built
1980
Stories
1
Listing Agency:
Century 21 Masters
Listed By:
Zohra Emery · License #02029069
(760) 805-3003
Source:
Myfabuloushome
Added: May 15
Changed: Oct 6
Last Checked: Oct 7 at 5:47PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,980
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$659,600
$659.6K
Cap Rate 7%
$471,143
$471.1K
Cap Rate 9%
$366,444
$366.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$59.1K $36.96/SF
− Vacancy
−$8.4K −$5.25/SF
EGI
$50.7K $31.71/SF
− OpEx
−$17.8K −$11.10/SF
NOI
$33.0K $20.61/SF
Area
San Diego County, CA
Vacancy
14.20%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$659,600
Cap Rate 7%
$471,143
Cap Rate 9%
$366,444
Alternative Uses
Best Use
Flex RnD
$471.1K
$412.3K – $549.7K
NOI $32,980 @ 7.0% cap · market cap 5.15%
Second Best
Warehouse
$317.5K
$277.9K – $370.5K
NOI $22,228 @ 7.0% cap · market cap 3.47%
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
163,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,346
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92069, CA
49,407
Population
15,687
Households
3.1
Avg Household Size
34
Median Age
35%
College-Educated
83%
High-School Grad
18.5 sq mi
ZIP Area
2,671
Density / Sq Mi
$93,065
Median Household Income
$41,634
Median Earnings
$2,078
Median Rent
$714,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Marisco's Germán — Linda Vista Dr, San Marcos, CA 92078
- 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
Frequently Asked Questions
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 Street 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
