12335-12347 Locksley Ln, Auburn, CA 95602
Fee simple, fully leased four-building industrial property built in 2024 near Hwy 49.
- Added:
- Jun 16, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 20 at 9:47 am
Property Features for 12335-12347 Locksley Ln
General Information
- Standard status
- Active
- Size
- 42,440 SF
- Property subtype
- INDUSTRIAL
Listing agent Jason Huntoon License #01472232 (916) 416-6658
Listing office TRI Commercial | Roseville (916) 416-6658
Listing date Jun 16, 2026
Source Moodyscre
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 TRI Commercial | Roseville
HighLights
- Fully leased industrial investment with fee simple ownership (no ground lease with the City of Auburn)
- Four warehouses total with sizes ranging from 15,000 SF to 12,720 SF
- New build construction completed in 2024
- Located near Hwy 49 on Locksley Lane in the Auburn Municipal Airport and business park
Overview
The warehouses are located near Hwy 49 on Locksley Lane, within the Auburn Municipal Airport and business park. The setting is described as a hub for numerous industrial users, supporting an established local industrial tenant base. The ownership structure includes no ground lease with the City of Auburn.
For buyers seeking a stabilized industrial asset, the property’s fully leased status and multi-building layout may appeal to those looking for operating simplicity while maintaining flexibility at the building level. The 2024 completion date also positions the asset for tenants who value newer industrial construction. Prospective tenants and investors should note the property is marketed as a completed, fully leased investment within a business park environment.
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 | $748.6k | $17.64 |
| − Vacancy | −$57.6k | −$1.36 |
| EGI | $691.0k | $16.28 |
| − OpEx | −$103.6k | −$2.44 |
| NOI | $587.3k | $13.84 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Safe N Sound Boat & Rv Storage — 12381 Locksley Ln, Auburn, CA 95602
- Locksley Mini-Storage LLC — 12095 Locksley Ln, Auburn, CA 95602
- Rock Creek Self Storage — 11711 Quartz Dr, Auburn, CA 95602
- US Storage Centers — 12200 Rock Creek Rd, Auburn, CA 95602
- Extra Space Storage — 12035 Shale Ridge Rd, Auburn, CA 95602
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Placer
- State
- California
- Longitude
- -121.0927494
- Latitude
- 38.9506002