Flex R&D Space with
New
For Sale
Contact for pricing
1351 Distribution Way, Vista, CA 92081
M-1 zoning and a grade-level loading door support the property's flex R&D configuration.
Property Size5,818 SF
Days on Market2
Property Features for 1351 Distribution Way
General Information
Standard status
Active
Size
5,818 SF
Class
B
Property subtype
coworking
Zoning
M-1
Warehouse & Industrial
Clear Height
22 ft
Mezzanine
968 SF
Drive-In Doors
1
Additional Details
Asking Price
$1,978,000
Property Use
Flex R&D
Building Details
Building Size
5,818 SF
Listing Agency:
San Diego
(949) 885-2900
Listed By:
Chris Baumgart, SIOR · License #1888224
(858) 736-1710
Source:
Property.jll
Added: Oct 30
Last Checked: Oct 30 at 2:32PM
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 San Diego
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex R&D property contains approximately 5,818 square feet, along with a mezzanine of approximately 968 square feet. The building has one grade-level loading door and clear heights ranging from 20 to 22 feet.
Located at 1351 Distribution Way in Vista, the property is zoned M-1. On-site parking is provided at a ratio of 2.0 spaces per 1,000 square feet.
Located at 1351 Distribution Way in Vista, the property is zoned M-1. On-site parking is provided at a ratio of 2.0 spaces per 1,000 square feet.
Key Highlights
- Approximately 5,818 SF of building area
- Mezzanine adds approximately 968 SF
- 20–22‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,563
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,331,260
$1.3M
Cap Rate 7%
$950,900
$950.9K
Cap Rate 9%
$739,589
$739.6K
Market Conditions
NOI Build-Up for 5,818 SF
Gross rent
$104.7K $18.00/SF
− Vacancy
−$9.6K −$1.66/SF
EGI
$95.1K $16.34/SF
− OpEx
−$28.5K −$4.90/SF
NOI
$66.6K $11.44/SF
Area
San Diego County, CA
Vacancy
9.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,331,260
Cap Rate 7%
$950,900
Cap Rate 9%
$739,589
Alternative Uses
Best Use
Flex RnD
$1.71M
$1.50M – $2.00M
NOI $119,924 @ 7.0% cap · market cap 9,224,923.08%
Second Best
Industrial
$950.9K
$832.0K – $1.11M
NOI $66,563 @ 7.0% cap · market cap 5,120,230.77%
Theoretical Best
Office A
$2.67M
$2.33M – $3.11M
NOI $186,593 @ 7.0% cap · market cap 14,353,307.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
22 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92081, CA
28,745
Population
11,075
Households
2.6
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
3,230
Density / Sq Mi
$102,663
Median Household Income
$53,871
Median Earnings
$2,393
Median Rent
$774,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Flavor Chef Catering — 1175 Park Center Dr, Vista, CA 92081
- Holy Smoke BBQ Specials — 1237 Green Oak Rd, Vista, CA 92081
Frequently Asked Questions
What type of property is this?
Flex space - M-1 zoning and a grade-level loading door support the property's flex R&D configuration.
Where is this flex space located?
The property is located at 1351 Distribution Way Vista, CA.
What are key features of this property?
This property features: Approximately 5,818 SF of building area; Mezzanine adds approximately 968 SF; 20–22‑foot clear height
