Warehouse with Reserved Front
For Sale
Contact for pricing
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 Market80
Property Features for 129 Jordan Street
General Information
Standard status
Active
Size
2,986 SF
Total Parking Spaces
9
Property subtype
Industrial
Zoning
LMU
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Gross Income
$62,600
Warehouse Space
2,986 SF
Building Details
Year Built
1994
Buildings
1
Tenancy
Single
Listing Agency:
Keegan & Coppin Co Larkspur
Listed By:
John Mohun · License #02232254
Source:
Crexi
Added: Jul 27
Changed: Oct 14
Last Checked: Oct 12 at 5:36PM
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$45,564
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$911,280
$911.3K
Cap Rate 7%
$650,914
$650.9K
Cap Rate 9%
$506,267
$506.3K
Market Conditions
NOI Build-Up for 2,986 SF
Gross rent
$57.3K $19.20/SF
− Vacancy
−$3.7K −$1.25/SF
EGI
$53.6K $17.95/SF
− OpEx
−$8.0K −$2.69/SF
NOI
$45.6K $15.26/SF
Area
Marin County, CA
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$911,280
Cap Rate 7%
$650,914
Cap Rate 9%
$506,267
Alternative Uses
Best Use
Warehouse
$650.9K
$569.6K – $759.4K
NOI $45,564 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$14.59M
$12.76M – $17.02M
NOI $1,020,977 @ 7.0% cap · market cap 91.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,566
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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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
