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Warehouse with Reserved Front Lot
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129 Jordan Street, San Rafael, CA 94901

Warehouse in San Rafael’s industrial district with a reserved front lot for yard parking, equipment, or material storage.

Property Size2,986 SF
Price / SF$375.08
Days on Market7

Property Features for 129 Jordan Street

General Information

Standard status Active
Size 2,986 SF
Property subtype Industrial

Site & Location

Highway Access Yes
Outdoor Storage Yes

Additional Details

Gross Income $62,600
Warehouse Space 2,986 SF

Building Details

Year Built 1994
Listing Agency: Keegan & Coppin Co Larkspur
Listed By: John Mohun · License #02232254
Source: Crexi
Added: Jul 27 Changed: Jul 31 Last Checked: Aug 1 at 4:52PM

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 Keegan & Coppin Co Larkspur

Investment Insights

Based on property information with market context.

129 Jordan Street is a for-sale warehouse in San Rafael’s industrial district, built in 1994. The layout is described as functional for contractors, service businesses, light manufacturing, and distribution, supporting a range of industrial uses.

A standout feature is the reserved front lot, which may be utilized as yard space for vehicle parking, equipment, or material storage (buyer to verify). The property also lists strong access to Highway 101 and Interstate 580. The current tenant, Equator Coffee, occupies the space through the end of January.

For an owner-operator, the combination of indoor warehouse space and dedicated front-lot outdoor area can support day-to-day operations that benefit from parking and staging flexibility. The property is presented as an owner-user industrial opportunity.

Key Highlights

  • Reserved front lot for yard parking, equipment, or material storage (buyer to verify)
  • Access to Highway 101 and Interstate 580
  • Warehouse built in 1994

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 $57.3k $19.20
− Vacancy −$3.7k −$1.25
EGI $53.6k $17.95
− OpEx −$8.0k −$2.69
NOI $45.6k $15.26
2,986 SF · lease $19.20/SF/yr · vacancy 6.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$650.9K
$569.6K – $759.4K (±1% cap)
NOI $45,564 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$510.6K
$446.8K – $595.7K (±1% cap)
NOI $35,742 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$14.59M
$12.76M – $17.02M (±1% cap)
NOI $1,020,977 @ 7.0% cap · market cap 91.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Auto Parts Store HVAC Service Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,858
Businesses Nearby
Balanced
Demand for This Use

Demographics for 94901, CA

43,338
Population
16,412
Households
2.6
Avg Household Size
40
Median Age
48%
College-Educated
82%
High-School Grad
13.1 sq mi
ZIP Area
3,308
Density / Sq Mi
$108,837
Median Household Income
$50,122
Median Earnings
$2,229
Median Rent
$1,369,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • San Rafael Self Storage — 675 Andersen Dr, San Rafael, CA 94901
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  • Woodland Ave Security Storage — 14 Woodland Ave, San Rafael, CA 94901
  • StorQuest Self Storage — 76 Gary Pl, San Rafael, CA 94901

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse in San Rafael’s industrial district with a reserved front lot for yard parking, equipment, or material storage.
Where is this warehouse located?
The property is located at 129 Jordan Street San Rafael, CA.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Reserved front lot for yard parking, equipment, or material storage (buyer to verify); Access to Highway 101 and Interstate 580; Warehouse built in 1994
More about this property
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