Manufacturing Facility with Grade-Level
1740 Commerce Way Paso Robles, CA 93446
New
For Sale
$4,800,000
Warehouse and finished office total about 40,180 SF with multiple grade-level roll-up loading doors and 17-foot clear height.
Property Size40,180 SF
Lot Size2.01 Acres
Price / SF$119.46
Days on Market2
Property Features for 1740 Commerce Way
General Information
- Standard status
- Active
- Size
- 40,180 SF
- Lot size
- 2.01 Acres
- Property subtype
- Industrial
Listing Agency:
Lee & Associates | San Luis Obispo
(805) 218-5766
Listed By:
Alex Olsen · License #CalDRE #01126609
Source:
Lee-associates
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 5:58AM
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 | San Luis Obispo
Investment Insights
Based on property information with market context.
1740 Commerce Way is a functional warehouse and office manufacturing facility with approximately 32,500 SF of warehouse space and 7,680 SF of finished office space across two levels. The building includes multiple grade-level roll-up loading doors, a fully sprinklered warehouse, and heavy 3-phase electrical service, supported by an efficient warehouse layout. Clear height is approximately 17 feet.
The property sits on a 2.01-acre parcel at 1740 Commerce Way in Paso Robles, CA 93446, with the flexibility to serve manufacturing operations requiring both shop and office space.
An option exists to purchase together with the adjacent 1750 Commerce Way property for a combined 65,984 SF industrial campus.
The property sits on a 2.01-acre parcel at 1740 Commerce Way in Paso Robles, CA 93446, with the flexibility to serve manufacturing operations requiring both shop and office space.
An option exists to purchase together with the adjacent 1750 Commerce Way property for a combined 65,984 SF industrial campus.
Key Highlights
- Industrial manufacturing facility with approximately 40,180 SF total: 32,500 SF warehouse and 7,680 SF finished office across two levels
- Multiple grade‑level roll‑up loading doors for warehouse access
- Approximately 17‑foot clear warehouse height
Financial Insights For Industrial
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 | $602.7k | $15.00 |
| − Vacancy | −$19.9k | −$0.50 |
| EGI | $582.8k | $14.50 |
| − OpEx | −$174.8k | −$4.35 |
| NOI | $408.0k | $10.15 |
40,180 SF · lease $15.00/SF/yr · vacancy 3.30% · expense 30.00%
Alternative Uses
Best Use
Office B
$10.68M
$9.35M – $12.46M
NOI $747,830 @ 7.0% cap · market cap 15.58%
Second Best
Flex RnD
$7.12M
$6.23M – $8.30M
NOI $498,262 @ 7.0% cap · market cap 10.38%
Theoretical Best
Healthcare Medical
$15.80M
$13.83M – $18.44M
NOI $1,106,152 @ 7.0% cap · market cap 23.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Warehouse and finished office total about 40,180 SF with multiple grade-level roll-up loading doors and 17-foot clear height.
Where is this flex space located?
The property is located at 1740 Commerce Way Paso Robles, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Industrial manufacturing facility with approximately 40,180 SF total: 32,500 SF warehouse and 7,680 SF finished office across two levels; Multiple grade‑level roll‑up loading doors for warehouse access; Approximately 17‑foot clear warehouse height
