Newcastle Flex/Industrial Building For
9390 Old State Highway Newcastle, CA 95658
9390 Old State Highway, Newcastle, CA, 95658
$695,000
For Sale
$695,000
6,000 SF flex/industrial building with income in Newcastle, CA.
Property Size6,000 SF
Price / SF$115.83
Days on Market99
Property Features for 9390 Old State Highway
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- FlexIndustrial
Listing agency
CBRE | Roseville
(916) 781-4868
Listed by
Shana Lennon · License #01446203
(916) 781-4868
Source
Cbre
Added: Apr 15 Updated: Jul 10 at 12:33PM Checked: Jul 22 at 12:37PM
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 CBRE | Roseville
Investment Insights
Based on property information with market context.
The property features a building with approximately 6,000 square feet of flex/industrial space. The asking price is $695,000. The Net Operating Income (NOI) is $38,692.72. The sale includes the fee simple improvements, specifically the building itself. The underlying land is leased under an agreement with the railroad.
Key Highlights
- ±6,000 SF Building
- NOI $38,692.72
- $695,000 Asking Price
Local Financial Insights For Flex RnD
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 | $57.6k | $9.60 |
| − Vacancy | −$3.5k | −$0.58 |
| EGI | $54.1k | $9.02 |
| − OpEx | −$19.0k | −$3.16 |
| NOI | $35.2k | $5.87 |
6,000 SF · lease $9.60/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Industrial
$1.06M
$923.6K – $1.23M
NOI $73,890 @ 7.0% cap · market cap 10.63%
Second Best
Flex RnD
$502.8K
$439.9K – $586.6K
NOI $35,194 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,594 @ 7.0% cap · market cap 23.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
C & C Marine
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Flex space - 6,000 SF flex/industrial building with income in Newcastle, CA.
Where is this flex space located?
The property is located at 9390 Old State Highway Newcastle, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: ±6,000 SF Building; NOI $38,692.72; $695,000 Asking Price
