Oceanside Industrial Property For
For Sale
$1,445,000
1704 Ord Way #A/B, Oceanside, CA 92056
Industrial property featuring 4,069 square feet of space in Oceanside.
Property Size4,244 SF
Price / SF$355.12
Days on Market146
Property Features for 1704 Ord Way #A/B
General Information
Standard status
Active
Size
4,244 SF
Property subtype
Industrial
Building Details
Building Size
4,244 SF
Year Built
2006
Buildings
1
Listing Agency:
Kidder Mathews - Carlsbad
Listed By:
John Witherall · License #01759453
(760) 430-1000
Source:
Kidder
Added: Apr 14
Changed: Aug 8
Last Checked: Jul 7 at 11:53PM
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 Kidder Mathews - Carlsbad
Investment Insights
Based on property information with market context.
This industrial property, located in Oceanside, California, offers 4,069 square feet of space. The property is suitable for commercial real estate and other industrial purposes.
Key Highlights
- 4,069 square feet of industrial space available.
- Located in Oceanside.
- Built in 2006.
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
$41,705
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
2.89%
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%
$834,100
$834.1K
Cap Rate 7%
$595,786
$595.8K
Cap Rate 9%
$463,389
$463.4K
Market Conditions
NOI Build-Up for 4,069 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
$63.5K $15.60/SF
− Vacancy
−$3.9K −$0.96/SF
EGI
$59.6K $14.64/SF
− OpEx
−$17.9K −$4.39/SF
NOI
$41.7K $10.25/SF
Area
Oceanside, CA
Vacancy
6.14%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
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%
$834,100
Cap Rate 7%
$595,786
Cap Rate 9%
$463,389
Alternative Uses
Best Use
Industrial
$595.8K
$521.3K – $695.1K
NOI $41,705 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,265 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 92056, CA
53,750
Population
20,514
Households
2.6
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
12.3 sq mi
ZIP Area
4,370
Density / Sq Mi
$102,570
Median Household Income
$50,029
Median Earnings
$2,536
Median Rent
$696,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property featuring 4,069 square feet of space in Oceanside.
Where is this industrial property located?
The property is located at 1704 Ord Way #A/B Oceanside, CA.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: 4,069 square feet of industrial space available.; Located in Oceanside.; Built in 2006.
