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    Four-Warehouse Industrial Investment Title is generated by Realmo AI

    12335-12347 Locksley Ln, Auburn, CA 95602

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    Fee simple, fully leased four-building industrial property built in 2024 near Hwy 49.

    Type:INDUSTRIAL
    Property size:
    42,440 SF
    Price / SF:
    $200/SF
    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

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    Listing Contact
    Jason Huntoon
    Jason Huntoon

    Listing agent Jason Huntoon License #01472232

    Listing office TRI Commercial | Roseville

    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

    This offering features a fully leased industrial investment comprising four separate warehouses, with sizes ranging from approximately 15,000 SF to 12,720 SF. Construction is new build and completed in 2024, providing a modern industrial configuration across multiple buildings within the same investment. The property is held in fee simple ownership.

    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
    42,440 SF · lease $17.64/SF/yr · vacancy 7.70% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $8.39M
    $7.34M – $9.79M (±1% cap)
    NOI $587,347 @ 7.0% cap · market cap 6.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $16.43M
    $14.38M – $19.17M (±1% cap)
    NOI $1,150,085 @ 7.0% cap · market cap 13.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    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

    FAQs

    What type of property is this?
    Warehouse - Fee simple, fully leased four-building industrial property built in 2024 near Hwy 49.
    Where is this warehouse located?
    The property is located at 12335-12347 Locksley Ln Auburn, CA.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: 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
    (916) 416-6658 Call to check price and availability
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