Fully Leased Industrial Investment
For Sale
$8,500,000
12335 Locksley Ln, Auburn, CA 95602
Fully leased industrial park near Hwy 49, completed in 2024.
Property Size42,440 SF
Price / SF$200.28
Days on Market253
Property Features for 12335 Locksley Ln
General Information
Standard status
Active
Size
42,440 SF
Class
A
Property subtype
Industrial
Building Details
Building Size
42,440 SF
Listing Agency:
TRI Commercial Roseville
Listed By:
Jason Huntoon · License #CalDRE #02109361
(916) 416-6658
Source:
Tricommercial
Added: Jan 26
Changed: Oct 6
Last Checked: Oct 5 at 4:45PM
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
Investment Insights
Based on property information with market context.
This fully leased industrial investment property is located near Highway 49 on Locksley Lane, within the Auburn Municipal Airport and business park. Constructed in 2024, the property consists of four buildings totaling approximately 42,440 square feet. The sizes of the individual warehouses range from approximately 5,000 to approximately 12,720 square feet. The property offers fee simple ownership with no ground lease with the City of Auburn. This property is suitable for investors seeking opportunities in a submarket known for its historically low vacancy rate compared to the broader Roseville/Rocklin market. A parcel split to purchase individual buildings is possible.
Key Highlights
- Fully Leased Industrial Investment
- New Build Construction, completed in 2024
- Located near Hwy 49 on Locksley Lane
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$587,347
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,746,940
$11.7M
Cap Rate 7%
$8,390,671
$8.4M
Cap Rate 9%
$6,526,078
$6.5M
Market Conditions
NOI Build-Up for 42,440 SF
Gross rent
$748.6K $17.64/SF
− Vacancy
−$57.6K −$1.36/SF
EGI
$691.0K $16.28/SF
− OpEx
−$103.6K −$2.44/SF
NOI
$587.3K $13.84/SF
Area
Placer County, CA
Vacancy
7.70%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,746,940
Cap Rate 7%
$8,390,671
Cap Rate 9%
$6,526,078
Alternative Uses
Best Use
Warehouse
$8.39M
$7.34M – $9.79M
NOI $587,347 @ 7.0% cap · market cap 6.91%
Second Best
Industrial
$7.47M
$6.53M – $8.71M
NOI $522,652 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$16.43M
$14.38M – $19.17M
NOI $1,150,085 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Explore this area
Business Placement
Demographics for 95602, CA
18,364
Population
8,132
Households
2.3
Avg Household Size
53
Median Age
35%
College-Educated
93%
High-School Grad
49.7 sq mi
ZIP Area
369
Density / Sq Mi
$102,063
Median Household Income
$51,554
Median Earnings
$1,730
Median Rent
$646,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Industrial property - Fully leased industrial park near Hwy 49, completed in 2024.
Where is this industrial property located?
The property is located at 12335 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; New Build Construction, completed in 2024; Located near Hwy 49 on Locksley Lane
