Light Industrial Warehouse with
129 Otto Cir Sacramento, CA 95822
New
129 Otto Cir, Sacramento, CA, 95822
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For Sale
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Light industrial warehouse with small front office and four roll-up doors, fully occupied by two auto body repair tenants.
Property Size6,400 SF
Lot Size0.39 Acres
Price / SF$179.69
Days on Market7
Property Features for 129 Otto Cir
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Lot size
- 0.39 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing Agency
Mueller Commercial
Listed by
Daniel Mueller · License #CA
Source
Crexi
Added: Jul 11 Checked: Jul 16 at 11:41 am
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 Mueller Commercial
Investment Insights
Based on property information with market context.
The property is a light industrial warehouse with approximately 6,400 square feet of warehouse space and a small office located at the front of the building. The warehouse is served by four separate roll-up doors in use by two tenants operating an auto body repair business. The site includes paved concrete across the majority of the roughly 0.39-acre lot.
The building is located on Otto Cir. just south of 47th St., within the City of Sacramento, and is adjacent to the Southgate Industrial Park, which includes dozens of businesses serving industrial customer needs. The parcel is zoned M-1 S-EA-4 (Light Industrial).
The property is fully occupied by two separate tenants. Their new five-year lease commenced in September 2024. The remarks indicate the lease terms began at $1 PSF plus $0.28 NNN.
The building is located on Otto Cir. just south of 47th St., within the City of Sacramento, and is adjacent to the Southgate Industrial Park, which includes dozens of businesses serving industrial customer needs. The parcel is zoned M-1 S-EA-4 (Light Industrial).
The property is fully occupied by two separate tenants. Their new five-year lease commenced in September 2024. The remarks indicate the lease terms began at $1 PSF plus $0.28 NNN.
Key Highlights
- ±6,400 SF light industrial warehouse with small front office, built in 1985
- Four roll‑up doors servicing two tenants operating an auto body repair business
- Fully occupied by two separate tenants leasing the property under a new 5‑year lease (began September 2024)
Local Financial Insights For Office B
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 | $134.4k | $21.00 |
| − Vacancy | −$21.4k | −$3.34 |
| EGI | $113.0k | $17.66 |
| − OpEx | −$28.3k | −$4.42 |
| NOI | $84.8k | $13.25 |
6,400 SF · lease $21.00/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,773 @ 7.0% cap · market cap 7.37%
Second Best
Warehouse
$702.0K
$614.3K – $819.1K
NOI $49,143 @ 7.0% cap · market cap 4.27%
Theoretical Best
Hotel Hospitality
$49.88M
$43.65M – $58.19M
NOI $3,491,679 @ 7.0% cap · market cap 303.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
masters Auto work
Auto Repair Shop
Hansen Painting & Decorating
Painting Service
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- U-Pack — 3250 47th Ave, Sacramento, CA 95824
FAQs
What type of property is this?
Warehouse - Light industrial warehouse with small front office and four roll-up doors, fully occupied by two auto body repair tenants.
Where is this warehouse located?
The property is located at 129 Otto Cir Sacramento, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: ±6,400 SF light industrial warehouse with small front office, built in 1985; Four roll‑up doors servicing two tenants operating an auto body repair business; Fully occupied by two separate tenants leasing the property under a new 5‑year lease (began September 2024)
