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    Escondido Industrial Hub Warehouse Title is generated by Realmo AI

    1948 Don Lee Pl, Escondido, CA

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    Warehouse in Escondido's industrial hub with highway access.

    Type:INDUSTRIAL
    Property size:
    12,466 SF
    Lot size:
    0.65 Acres
    Price / SF:
    $238/SF
    Added:
    Nov 21, 2025
    Days on Market:
    202
    Last Refresh:
    May 20 at 9:10 pm

    Property Features for 1948 Don Lee Pl

    General Information

    Standard status
    Active
    Size
    12,466 SF
    Lot size
    0.65 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Trent France
    Trent France

    Listing agent Trent France License #00984842

    Listing office Lee & Associates | North San Diego County

    Listing date Nov 21, 2025

    Source Moodyscre

    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

    HighLights

    • Prime location in Escondido's established industrial hub.
    • Quick access to Highway 78 and I‑15.
    • Easy connection to regional and Southern California markets.
    • Asking price: $2,975,000 ($238.65/sf).
    • Land area: $151,485.
    • Cap rate: ~5.1% (based on current noi).

    Overview

    Located just off Highway 78 with quick access to I-15, this property is situated in the heart of Escondido’s established industrial hub, offering an easy connection to regional and Southern California markets. The rentable building area is $238.65. The land area encompasses 151,485 square feet. The property's size is 12,466 square feet.

    Local 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 $209.4k $16.80
    − Vacancy −$12.9k −$1.03
    EGI $196.6k $15.77
    − OpEx −$29.5k −$2.37
    NOI $167.1k $13.40
    12,466 SF · lease $16.80/SF/yr · vacancy 6.14% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.39M
    $2.09M – $2.78M (±1% cap)
    NOI $167,084 @ 7.0% cap · market cap 5.62%
    Second Best
    Industrial
    $1.97M
    $1.72M – $2.29M (±1% cap)
    NOI $137,599 @ 7.0% cap · market cap 4.63%
    Theoretical Best
    Office A
    $4.40M
    $3.85M – $5.13M (±1% cap)
    NOI $308,040 @ 7.0% cap · market cap 10.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Collister Commercial Real Estate Agency North County MotoConcepts Motorcycle Shop SD Garage Auto Repair Shop Chem-Dry Of North County Carpet Cleaning Service San Diego Turf General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Palomar Health Medical Records — 2185 Citracado Parkwy, Escondido, CA 92029
    • CubeSmart Self Storage — 1531 Montiel Rd, Escondido, CA 92026
    • Prime Storage — 1510 E Mission Rd, San Marcos, CA 92069
    • Private Storage Systems — 2421 Barham Dr, Escondido, CA 92029
    • American Mini Storage — 1440 W Mission Rd, Escondido, CA 92029

    Location Insight

    • Map
    • Local Demand
    City
    Escondido
    County
    San Diego
    State
    California
    Longitude
    -117.12
    Latitude
    33.1281

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    FAQs

    What type of property is this?
    Warehouse - Warehouse in Escondido's industrial hub with highway access.
    Where is this warehouse located?
    The property is located at 1948 Don Lee Pl Escondido, CA.
    What is the asking price?
    The asking price for this property is $2,975,000.
    What are key features of this property?
    This property features: Prime location in Escondido's established industrial hub.; Quick access to Highway 78 and I‑15.; Easy connection to regional and Southern California markets.
    (760) 929-9700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Trent France
    Trent France
    Real Estate License ID: 00984842
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