Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ukiah Flex/Industrial Space Available Title is generated by Realmo AI

    2020 Industry Road, Ukiah, CA 95482

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Flex/Industrial space for rent in Ukiah, California.

    Added:
    Oct 25, 2024
    Days on Market:
    585
    Last Refresh:
    Mar 25 at 11:03 am

    Property Features for 2020 Industry Road

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1988

    We can help!

    Listing Contact
    Todd Schapmire
    Todd Schapmire

    Listing agent Todd Schapmire License #01414195

    Listing office W Real Estate

    Listing date Oct 25, 2024

    Source Evrealestate

    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 W Real Estate

    HighLights

    • Mendocino County location
    • Open parking available
    • Built in 1988
    • Located on Industry Rd
    • Building C is the back building
    • Close proximity to Hwy 101 via exit 551

    Overview

    Located off North State Street in Ukiah, California, this flex/industrial space is accessible from Highway 101 via Exit 551. The property is situated approximately half a mile from Orr Springs Road, accessible by turning onto Industry Road. The available space is located in Building C, the back building on the property.
    Location Intelligence

    Current Use by Public Records

    Mary's Editing & Ghostwriting ... (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Similar Places Nearby

    • Zack's Catering — 1550 N Lovers Ln, Ukiah, CA 95482

    Location Insight

    • Map
    • Local Demand
    City
    Ukiah
    County
    Mendocino
    State
    California
    Longitude
    -123.2193915
    Latitude
    39.1788774

    Nearby Similar for Lease

    • $2,000/Mo
      2,000 SF

      Downtown Ukiah Commercial Space Available

      Prime commercial space in Ukiah's established business district.
      252 N State, Ukiah, CA 95482
      View Details
    • $2,500/Mo

      Ukiah Retail Space Available

      Retail space available for rent in Ukiah, California.
      735 S State Street, Ukiah, CA 95482
      View Details
    • Contact for pricing
      2,351 SF

      Ukiah Drive-Thru Restaurant Opportunity

      Drive-thru restaurant space for lease in Ukiah's retail corridor.
      730 E. Perkins Street , Ukiah, CA, 95482
      View Details
    • $1,999/Mo
      2,518 SF

      Retail/Office Space in Ukiah

      Located in the heart of Ukiah's upgraded business district.
      State St, Ukiah, CA 95482
      View Details
    • $2,595/Mo
      5,227 SF

      Retail/Office Space Near Courthouse

      Ground floor retail or office space in prime location.
      School St, Ukiah, CA 95482
      View Details
    • $2 SF/Yr
      4,500 SF

      Chevron Travel Plaza Retail Space

      New retail spaces in Chevron Travel Plaza off Hwy 101.
      1460 N Lovers Ln, Ukiah, CA
      View Details
    • $2,500/Mo

      Ukiah Commercial Space For Rent

      Commercial space available for rent on North State Street.
      2399 N State Street, Ukiah, CA 95482
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center Space

      Retail spaces available in a community shopping center.
      504-570 E Perkins Avenue & 205-253 N Orchard Avenue, Ukiah, CA, 95482
      View Details
    • $11,500/Mo

      Ukiah Retail Space For Rent

      Retail space available for lease in Ukiah, California.
      1550 N Lovers Lane, Ukiah, CA 95482
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Available For Rent

      Retail space available, totaling 9,680 square feet within 11,219 SF building.
      1236 Airport Park Blvd, Ukiah, CA
      View Details
    • $1.00 SF/Yr

      Ukiah Commercial Space Available

      Commercial space for rent on South State Street, Ukiah.
      728 S State Street, Ukiah, CA 95482
      View Details
    • $24 SF/Yr
      580 SF

      Professional Office Suites For Rent

      Office suites available in downtown Ukiah professional complex.
      776 S State St, Ukiah, CA 95482
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex/Industrial space for rent in Ukiah, California.
    Where is this flex space located?
    The property is located at 2020 Industry Road Ukiah, CA.
    What are key features of this property?
    This property features: Mendocino County location; Open parking available; Built in 1988
    (707) 570-9855
    We can help!
    Listing Contact
    Todd Schapmire
    Todd Schapmire
    Real Estate License ID: 01414195
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2020 Industry Road, Ukiah, CA 95482
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!