Two Flex Condo
For Sale
Contact for pricing
1830 Vernon St, Roseville, CA 95678
Two flex condo units in the MTA Business Park with quick I-80 access via Vernon Street.
Property Size4,800 SF
Price / SF$255.21
Days on Market545
Property Features for 1830 Vernon St
General Information
Standard status
Active
Size
4,800 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
TRI Commercial | Roseville
(916) 677-8000
Listed By:
Steve Park · License #01472232
(916) 792-1462
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Sep 4
Last Checked: Sep 14 at 11:50AM
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 TRI Commercial | Roseville
Investment Insights
Based on property information with market context.
Two flex condo units at 1830 Vernon Street, Units 6 and 7, totaling 4,800 SF. Each unit is approximately 2,400 SF, offering a desirable mix of office and warehouse space that can work well for a small industrial user.
The property is located in the MTA Business Park, off Cirby Way on Vernon Street, with quick and easy access to Interstate 80. This location supports convenient regional connectivity for day-to-day operations and shipping needs.
The property is located in the MTA Business Park, off Cirby Way on Vernon Street, with quick and easy access to Interstate 80. This location supports convenient regional connectivity for day-to-day operations and shipping needs.
Key Highlights
- Two flex condo units, Units 6 and 7
- Approximately 2,400 SF per unit totaling 4,800 SF
- Office and warehouse mix for small industrial users
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
$35,194
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
2.87%
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%
$703,880
$703.9K
Cap Rate 7%
$502,771
$502.8K
Cap Rate 9%
$391,044
$391.0K
Market Conditions
NOI Build-Up for 4,800 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
$57.6K $12.00/SF
− Vacancy
−$3.5K −$0.72/SF
EGI
$54.1K $11.28/SF
− OpEx
−$19.0K −$3.95/SF
NOI
$35.2K $7.33/SF
Area
Roseville, CA
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
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%
$703,880
Cap Rate 7%
$502,771
Cap Rate 9%
$391,044
Alternative Uses
Best Use
Flex RnD
$502.8K
$439.9K – $586.6K
NOI $35,194 @ 7.0% cap · market cap 2.87%
Second Best
Warehouse
$502.3K
$439.5K – $586.1K
NOI $35,163 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,477 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95678, CA
45,136
Population
18,594
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$104,704
Median Household Income
$53,807
Median Earnings
$2,118
Median Rent
$534,700
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?
Flex space - Two flex condo units in the MTA Business Park with quick I-80 access via Vernon Street.
Where is this flex space located?
The property is located at 1830 Vernon St Roseville, CA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Two flex condo units, Units 6 and 7; Approximately 2,400 SF per unit totaling 4,800 SF; Office and warehouse mix for small industrial users
