Industrial Facility with Fenced
For Sale
$3,300,000
1750 Commerce, Paso Robles, CA 93446
Well-maintained industrial facility with warehouse and office space for sale.
Property Size25,804 SF
Lot Size1.53 Acres
Price / SF$127.89
Days on Market202
Property Features for 1750 Commerce
General Information
Standard status
Active
Size
25,804 SF
Lot size
1.53 Acres
Building Details
Year Built
1978
Listing Agency:
Emery & Associates
Listed By:
Warren Miller
(805) 440-7219
Source:
Livebre
Added: Mar 27
Changed: Oct 9
Last Checked: Oct 7 at 3:40PM
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 Emery & Associates
Investment Insights
Based on property information with market context.
This well-maintained industrial facility features a building of approximately 25,804 square feet situated on a parcel of approximately 66,500 square feet. The property includes a fenced yard area, offering flexibility for various industrial users. The interior layout comprises approximately 22,750 square feet of warehouse space and approximately 3,054 square feet of finished, climate-controlled office area with air conditioning. The office space is designed for administrative, showroom, or operational support use. Warehouse features include 4 roll-up doors (approximately 14 ft by 12 ft), a 17-foot clear height, and one full loading dock. The building is equipped with fire sprinklers throughout. The roof and HVAC system have been newly replaced. The electrical system includes 1600 AMP, 3-Phase, 480V service with a main disconnect, distributed branch panels, step-down transformers (480V to 240/120V), and multiple subpanels. The approximately 66,500 square foot lot provides outdoor area for circulation, parking, and potential yard or storage use. Zoned PM (Planned Manufacturing), the property allows for a wide range of industrial and manufacturing uses. This property presents an opportunity for an owner-user seeking a functional industrial facility or for an investor looking to capitalize on limited industrial supply.
Key Highlights
- ±25,804 SF industrial building on a ±66,500 SF lot with fenced yard.
- 1600 AMP, 3‑Phase, 480V electrical service.
- Benefit from 17’ clear height and fire sprinklers throughout the warehouse.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$292,692
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,853,840
$5.9M
Cap Rate 7%
$4,181,314
$4.2M
Cap Rate 9%
$3,252,133
$3.3M
Market Conditions
NOI Build-Up for 25,804 SF
Gross rent
$356.1K $13.80/SF
− Vacancy
−$11.8K −$0.46/SF
EGI
$344.3K $13.34/SF
− OpEx
−$51.7K −$2.00/SF
NOI
$292.7K $11.34/SF
Area
San Luis Obispo County, CA
Vacancy
3.30%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,853,840
Cap Rate 7%
$4,181,314
Cap Rate 9%
$3,252,133
Alternative Uses
Best Use
Warehouse
$4.18M
$3.66M – $4.88M
NOI $292,692 @ 7.0% cap · market cap 8.87%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$10.15M
$8.88M – $11.84M
NOI $710,382 @ 7.0% cap · market cap 21.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93446, CA
45,979
Population
19,786
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
428.3 sq mi
ZIP Area
107
Density / Sq Mi
$94,512
Median Household Income
$43,229
Median Earnings
$1,946
Median Rent
$661,400
Median Home Value
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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 - Well-maintained industrial facility with warehouse and office space for sale.
Where is this warehouse located?
The property is located at 1750 Commerce Paso Robles, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: ±25,804 SF industrial building on a ±66,500 SF lot with fenced yard.; 1600 AMP, 3‑Phase, 480V electrical service.; Benefit from **17’ clear height** and fire sprinklers throughout the warehouse.
