Industrial Flex Building with
1225 Hwy 116 S Sebastopol, CA 95472
New
For Sale
$2,650,000
Industrial flex property with a large yard, parking, and a second fully fenced parcel for outdoor storage or related uses.
Property Size9,756 SF
Price / SF$271.63
Days on Market5
Property Features for 1225 Hwy 116 S
General Information
Standard status
Active
Size
9,756 SF
Property subtype
Commercial
Building Details
Year Built
1979
Listing Agency:
PACIFIC ALLIANCE REAL ESTATE
5844003
Listed By:
MATTHEW D ESHOO
Source:
Corcoran
Added: Jul 25
Changed: Jul 27
Last Checked: Jul 28 at 6:02AM
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 PACIFIC ALLIANCE REAL ESTATE
Investment Insights
Based on property information with market context.
This industrial flex property includes an existing building with approximately 50% vacancy, offering immediate occupancy for part of the space or value-add leasing opportunities. The site is designed for businesses that need outdoor area, with a large yard and on-site parking.
The offering also includes a second parcel (APN 063-270-017), bringing the total land area to approximately 2.5 acres. That additional parcel is fully fenced and can support a range of outdoor and storage-oriented uses, subject to applicable approvals.
The property was formerly occupied by a flooring business for many years, and its layout and yard/parking configuration reflect the requirements of contractors and similar operations needing convenient access to both indoor space and outdoor storage.
The offering also includes a second parcel (APN 063-270-017), bringing the total land area to approximately 2.5 acres. That additional parcel is fully fenced and can support a range of outdoor and storage-oriented uses, subject to applicable approvals.
The property was formerly occupied by a flooring business for many years, and its layout and yard/parking configuration reflect the requirements of contractors and similar operations needing convenient access to both indoor space and outdoor storage.
Key Highlights
- Industrial/retail building built in 1979 with approximately 2.5 acres on the main parcel
- About 50% of the building is currently vacant for immediate occupancy or value‑add leasing
- Second parcel included: APN 063‑270‑017, totaling approximately 2.5 acres and fully fenced
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 | $221.3k | $22.68 |
| − Vacancy | −$15.7k | −$1.61 |
| EGI | $205.6k | $21.07 |
| − OpEx | −$30.8k | −$3.16 |
| NOI | $174.7k | $17.91 |
9,756 SF · lease $22.68/SF/yr · vacancy 7.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.50M
$2.18M – $2.91M
NOI $174,723 @ 7.0% cap · market cap 6.59%
Second Best
Industrial
$2.06M
$1.80M – $2.40M
NOI $143,889 @ 7.0% cap · market cap 5.43%
Theoretical Best
Specialty Retail
$2.64M
$2.31M – $3.08M
NOI $185,056 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property with a large yard, parking, and a second fully fenced parcel for outdoor storage or related uses.
Where is this flex space located?
The property is located at 1225 Hwy 116 S Sebastopol, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Industrial/retail building built in 1979 with approximately 2.5 acres on the main parcel; About 50% of the building is currently vacant for immediate occupancy or value‑add leasing; Second parcel included: APN 063‑270‑017, totaling approximately 2.5 acres and fully fenced
