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Mixed-Use Property with Warehouse
New
For Sale
$1,850,000

1301 Lincoln Boulevard, Lincoln, CA 95648

Combined warehouse, retail, office, and yard improvements support varied commercial operations from one secured site.

Property Size12,000 SF
Days on Market3

Property Features for 1301 Lincoln Boulevard

General Information

Standard status Active
Size 12,000 SF
Property subtype Mixed Use

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Span Yes
Drive-In Doors 1
Heavy Power Yes

Amenities

security camera system

Building Details

Building Size 12,000 SF
Construction steel frame
Listing Agency: Realty ONE Group Complete
Listed By: Kevin McDonald · License #01390445
Source: Teamnavigate
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 3 at 1:59AM

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 Realty ONE Group Complete

Investment Insights

Based on property information with market context.

This mixed-use commercial property at 1301 Lincoln Boulevard in Lincoln, CA, occupies nearly two acres and brings together several functional components. The primary building has a steel frame, high-clearance warehouse area, heavy-duty power, industrial shelving and racking, and a covered drive-through loading bay for protected vehicle access. A finished storefront with checkout and merchandising areas is currently occupied by Sierra Hay & Feed, a retail business established in 1993.

A detached office provides separation for administrative or sales functions, while the fenced property includes a security camera system and a combination of paved and gravel yard areas. The site accommodates truck movement, trailer staging, and customer parking. Its configuration includes warehouse, storefront, covered storage, office, and yard improvements within one commercial property.

Key Highlights

  • Nearly two‑acre mixed‑use commercial site at 1301 Lincoln Boulevard
  • Steel‑frame, high‑clearance warehouse with heavy‑duty power
  • Covered drive‑through loading bay for protected vehicle access

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
$166,074
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
8.98%
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%
$3,321,480 $3.3M
Cap Rate 7%
$2,372,486 $2.4M
Cap Rate 9%
$1,845,267 $1.8M
Market Conditions
NOI Build-Up for 12,000 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
$211.7K $17.64/SF
− Vacancy
−$16.3K −$1.36/SF
EGI
$195.4K $16.28/SF
− OpEx
−$29.3K −$2.44/SF
NOI
$166.1K $13.84/SF
Area
Placer County, CA
Vacancy
7.70%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
15.00%
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%
$3,321,480
Cap Rate 7%
$2,372,486
Cap Rate 9%
$1,845,267

Alternative Uses

Best Use
Office B
$3.92M
$3.43M – $4.57M (±1% cap)
NOI $274,285 @ 7.0% cap · market cap 14.83%
Second Best
Retail
$3.33M
$2.92M – $3.89M (±1% cap)
NOI $233,277 @ 7.0% cap · market cap 12.61%
Theoretical Best
Office A
$4.65M
$4.06M – $5.42M (±1% cap)
NOI $325,189 @ 7.0% cap · market cap 17.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Sierra Hay & Feed Pet Store & Service

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Restaurant Pharmacy Parking Lot & Garage

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

1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 95648, CA

54,483
Population
22,095
Households
2.5
Avg Household Size
45
Median Age
38%
College-Educated
94%
High-School Grad
144.3 sq mi
ZIP Area
378
Density / Sq Mi
$108,200
Median Household Income
$58,255
Median Earnings
$2,054
Median Rent
$635,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined warehouse, retail, office, and yard improvements support varied commercial operations from one secured site.
Where is this mixed-use property located?
The property is located at 1301 Lincoln Boulevard Lincoln, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Nearly two‑acre mixed‑use commercial site at 1301 Lincoln Boulevard; Steel‑frame, high‑clearance warehouse with heavy‑duty power; Covered drive‑through loading bay for protected vehicle access
More about this property
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