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Multi-Building Industrial Property

2020 Industry Road Ukiah, CA 95482

New
2020 Industry Road, Ukiah, CA, 95482
$1,700,000
For Sale
Claim this Listing
$1,700,000

COMMERCIAL - Ukiah, CA

Property Size14,160 SF
Lot Size1.01 Acres
Price / SF$120.06
AddedJul 13
Days on Market2
Last RefreshJul 14 at 3:06 pm

Property Features for 2020 Industry Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Parking features
Open
Standard status
Active
APN
1691903400
Lot size
1.01 Acres

Building Details

Year built
1988
Floors in Building
1

Listing agent Todd Schapmire License #01414195

Listing office W Real Estate 500 Bicentennial Wy St 310, Santa Rosa, CA

Listing date Jul 13, 2026

MLS# 325097401

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multi-building industrial property includes three separate buildings totaling approximately 14,160 SF, designed to support warehouse, distribution, and light manufacturing needs. Building A is vacant and offers about 4,800 SF with a front office and rear warehouse. Building B is leased at approximately 4,200 SF and includes a similar front office and rear warehouse configuration.

Building C has three leased spaces: C1 at approximately 1,250 SF, C2 at approximately 1,250 SF, and C3 at approximately 2,500 SF. The property sits on a 1-acre lot with a gated entrance featuring cyclone fencing, and it provides space for loading and parking with multiple loading doors across the buildings.

Zoned I-1, the site supports multiple industrial users within a single ownership structure, offering both tenant occupancy and a vacant building for an owner-operator or investor strategy.

Key Highlights

  • Three industrial buildings totaling approximately 14,160 SF on a 1‑acre lot
  • Two buildings are currently leased, with additional leased space in the third building
  • Building A: vacant 4,800 SF with front office and rear warehouse

Local 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 $203.9k $14.40
− Vacancy −$13.9k −$0.98
EGI $190.0k $13.42
− OpEx −$57.0k −$4.03
NOI $133.0k $9.39
14,160 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Flex RnD
$5.29M
$4.63M – $6.18M (±1% cap)
NOI $370,575 @ 7.0% cap · market cap 21.80%
Second Best
Warehouse
$2.31M
$2.02M – $2.69M (±1% cap)
NOI $161,533 @ 7.0% cap · market cap 9.50%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Real Estate Agency Law Firm Hair Salon Storage Facility Spa & Massage Center Pharmacy Furniture & Home Goods HVAC Service Plumbing Service Skin Care Clinic

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

Similar Off Market Nearby

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

FAQs

What type of property is this?
Flex space - Three industrial buildings totaling about 14,160 SF on a 1-acre lot, with multiple loading doors and office/warehouse space.
Where is this flex space located?
The property is located at 2020 Industry Road Ukiah, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Three industrial buildings totaling approximately 14,160 SF on a 1‑acre lot; Two buildings are currently leased, with additional leased space in the third building; Building A: vacant 4,800 SF with front office and rear warehouse
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