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San Marcos Freestanding Industrial Building
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1377 Armorlite Dr, San Marcos, CA

Freestanding industrial building in San Marcos Business Park.

Property Size14,976 SF
Lot Size0.76 Acres
Price / SF$275.04
Days on Market254

Property Features for 1377 Armorlite Dr

General Information

Standard status Active
Size 14,976 SF
Lot size 0.76 Acres
Property subtype INDUSTRIAL
Listing Agency: Lee & Associates | North San Diego County
Listed By: Rusty Williams · License #01390702 (CA)
Source: Moodyscre
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Jul 22 at 4:13AM

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 Lee & Associates | North San Diego County

Investment Insights

Based on property information with market context.

This freestanding industrial building is centrally located in the San Marcos Business Park. The property features approximately 13% office space, a clear height of 15 to 16 feet, and 1,200 amps of power at 120/208 volts. It is fully sprinklered and includes 10 rollup doors, skylights, and a potential fenced yard. Power is distributed throughout the building, and gas is available. Rollup doors are located on both sides of the building. The property, totaling 14,976 square feet, is estimated to be vacant and available for occupancy on April 1, 2026.

Key Highlights

  • Centrally located in the San Marcos Business Park
  • Freestanding industrial building
  • Power: 1,200 amps @ 120/208 volts

Financial Insights For Warehouse

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 $269.6k $18.00
− Vacancy −$24.8k −$1.66
EGI $244.8k $16.34
− OpEx −$36.7k −$2.45
NOI $208.1k $13.89
14,976 SF · lease $18.00/SF/yr · vacancy 9.20% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.97M
$2.60M – $3.47M (±1% cap)
NOI $208,053 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$2.45M
$2.14M – $2.86M (±1% cap)
NOI $171,337 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$6.86M
$6.00M – $8.01M (±1% cap)
NOI $480,305 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

K-Tech Machine Industrial Manufacturer

Suggested Use

Top Pick Pharmacy Grocery & Convenience Store Hotel & Motel Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,616
Businesses Nearby
Well-served
Demand for This Use

Market

Properties on Market for Warehouses in San Diego County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Iron Mountain — 288 Navajo St, San Marcos, CA 92078
  • AllSpace Self Storage — 1450 Grand Ave, San Marcos, CA 92078
  • A Storage Place - San Marcos — 333 Via Vera Cruz, San Marcos, CA 92078
  • North American Van Lines — 849 Grand Ave Suite F, San Marcos, CA 92078
  • San Marcos Mini Storage — 175 S Bent Ave, San Marcos, CA 92078

Frequently Asked Questions

What type of property is this?
Warehouse - Freestanding industrial building in San Marcos Business Park.
Where is this warehouse located?
The property is located at 1377 Armorlite Dr San Marcos, CA.
What is the asking price?
The asking price for this property is $4,119,000.
What are key features of this property?
This property features: Centrally located in the San Marcos Business Park; Freestanding industrial building; Power: 1,200 amps @ 120/208 volts
(760) 644-1887 Call to check price and availability
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