Freestanding Industrial
New
For Sale
$1,999,000
1729 Coolidge Avenue, National City, CA 91950
Two-bay industrial facility with grade-level loading, office space, restrooms, and a fenced concrete yard.
Property Size5,200 SF
Price / SF$384.42
Days on Market3
Property Features for 1729 Coolidge Avenue
General Information
Standard status
Active
Size
5,200 SF
Total Parking Spaces
6
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
2
Additional Details
Asking Price
$1,999,000
Building Details
Building Size
5,200 SF
Year Built
1987
Buildings
1
Listing Agency:
Coldwell Banker West
Listed By:
Minerva Garcia · License #01301915
(619) 737-2126
Source:
Velocityrealtysd
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 16 at 9:30PM
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 Coldwell Banker West
Investment Insights
Based on property information with market context.
This freestanding warehouse property offers a practical two-bay layout with approximately 90% warehouse area and 10% office area. Improvements include two oversized grade-level roll-up doors measuring approximately 16' W × 14' H, approximately 14' of clear height, three private restrooms, and a secure concrete yard enclosed by fencing. Six on-site parking spaces are also provided.
Located at 1729 Coolidge Ave in National City, the property has access to I-5 and SR-54 and is near Downtown San Diego, the Port of San Diego, and the South Bay business corridor. The building was constructed in 1987 and is offered for sale or lease. Contractor, service, light industrial, distribution, and other uses may be considered subject to City approval.
Located at 1729 Coolidge Ave in National City, the property has access to I-5 and SR-54 and is near Downtown San Diego, the Port of San Diego, and the South Bay business corridor. The building was constructed in 1987 and is offered for sale or lease. Contractor, service, light industrial, distribution, and other uses may be considered subject to City approval.
Key Highlights
- Approximately 90% warehouse and 10% office configuration
- Two grade‑level roll‑up doors measuring approximately 16' W × 14' H
- Approximately 14' warehouse clear height
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
$107,185
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
5.36%
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%
$2,143,700
$2.1M
Cap Rate 7%
$1,531,214
$1.5M
Cap Rate 9%
$1,190,944
$1.2M
Market Conditions
NOI Build-Up for 5,200 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
$192.2K $36.96/SF
− Vacancy
−$27.3K −$5.25/SF
EGI
$164.9K $31.71/SF
− OpEx
−$57.7K −$11.10/SF
NOI
$107.2K $20.61/SF
Area
San Diego County, CA
Vacancy
14.20%
Lease Rate
$36.96 /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%
$2,143,700
Cap Rate 7%
$1,531,214
Cap Rate 9%
$1,190,944
Alternative Uses
Best Use
Flex RnD
$1.53M
$1.34M – $1.79M
NOI $107,185 @ 7.0% cap · market cap 5.36%
Second Best
Warehouse
$1.03M
$903.0K – $1.20M
NOI $72,240 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,773 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91950, CA
57,849
Population
19,049
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
7,925
Density / Sq Mi
$63,858
Median Household Income
$34,013
Median Earnings
$1,600
Median Rent
$580,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-bay industrial facility with grade-level loading, office space, restrooms, and a fenced concrete yard.
Where is this warehouse located?
The property is located at 1729 Coolidge Avenue National City, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Approximately 90% warehouse and 10% office configuration; Two grade‑level roll‑up doors measuring approximately 16' W × 14' H; Approximately 14' warehouse clear height
