Stockton Industrial Truck Repair
For Sale
$6,250,000
1624 E Alpine Ave #A, Stockton, CA 95205
12.63-acre industrial facility with warehouses, offices, and truck parking.
Property Size55,300 SF
Lot Size12.63 Acres
Price / SF$113.02
Days on Market158
Property Features for 1624 E Alpine Ave #A
General Information
Standard status
Active
Size
55,300 SF
Lot size
12.63 Acres
Property subtype
Warehouse
Amenities
A ±12.63-acre Industrial Truck Repair & Parking Facility Featuring Seven (7) Buildings Totaling ±55,300 Square Feet.
Strategically Located Near Highway 99, Adjacent to West Lane, and Directly on an Approved Truck Route Providing Excellent Access and Visibility.
Immediate Cash Flow From Existing Month-to-month Tenants, Plus Strong Upside Through Leasing Vacant Space or Redevelopment.
Seller Financing Available to Qualified Buyers.
Building Details
Building Size
55,300 SF
Year Built
1952
Listing Agency:
Marcus & Millichap | Sacramento
Listed By:
Abdullah Sulaiman · License #License(s): CA: 02122226
(916) 724-1328
Source:
Marcusmillichap
Added: Apr 3
Changed: Sep 4
Last Checked: Sep 7 at 4:44AM
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 Marcus & Millichap | Sacramento
Investment Insights
Based on property information with market context.
This industrial truck repair and parking facility, situated on approximately 12.63 acres, features four warehouses and three office buildings, totaling approximately 55,300 square feet. The property includes substantial excess yard space with the capacity to accommodate approximately 120 truck parking stalls. The property is located just minutes from Highway 99, adjacent to West Lane, and directly along an approved truck route, providing accessibility and visibility. Zoned I-L (Light Industrial) by the City of Stockton, the property accommodates a range of permitted uses, including truck parking and repair, transportation and logistics, wholesaling, distribution, light manufacturing, and outdoor storage. This property offers in-place income and value-add potential. Strategies such as leasing unused truck parking stalls and available building space to generate additional revenue, redeveloping select portions of the site for higher and better uses, or renovating existing structures to generate premium market rental rates are possible.
Key Highlights
- ±12.63‑acre industrial truck repair and parking facility with ±55,300 square feet of buildings.
- Capacity for ±120 truck parking stalls.
- Strategically located minutes from Highway 99 and directly along an approved truck route.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$532,340
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,646,800
$10.6M
Cap Rate 7%
$7,604,857
$7.6M
Cap Rate 9%
$5,914,889
$5.9M
Market Conditions
NOI Build-Up for 55,300 SF
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.
Gross rent
$796.3K $14.40/SF
− Vacancy
−$35.8K −$0.65/SF
EGI
$760.5K $13.75/SF
− OpEx
−$228.1K −$4.13/SF
NOI
$532.3K $9.63/SF
Area
ZIP 95205
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,646,800
Cap Rate 7%
$7,604,857
Cap Rate 9%
$5,914,889
Alternative Uses
Best Use
Warehouse
$8.90M
$7.78M – $10.38M
NOI $622,722 @ 7.0% cap · market cap 9.96%
Second Best
Industrial
$7.60M
$6.65M – $8.87M
NOI $532,340 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$14.68M
$12.84M – $17.12M
NOI $1,027,253 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 95205, CA
40,720
Population
11,722
Households
3.5
Avg Household Size
30
Median Age
5%
College-Educated
56%
High-School Grad
9.0 sq mi
ZIP Area
4,524
Density / Sq Mi
$58,138
Median Household Income
$32,253
Median Earnings
$1,264
Median Rent
$288,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Truck terminal - 12.63-acre industrial facility with warehouses, offices, and truck parking.
Where is this truck terminal located?
The property is located at 1624 E Alpine Ave #A Stockton, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: ±12.63‑acre industrial truck repair and parking facility with ±55,300 square feet of buildings.; Capacity for ±120 truck parking stalls.; Strategically located minutes from Highway 99 and directly along an approved truck route.
