20800 Spence Rd, Salinas, CA 93908
42,519 SF climate-controlled industrial facility on 5 acres.
- Added:
- Jan 29, 2026
- Days on Market:
- 159
- Last Refresh:
- Jul 5 at 5:39 am
Property Features for 20800 Spence Rd
General Information
- Standard status
- Active
- Size
- 42,519 SF
- Lot size
- 5.00 Acres
- Property subtype
- Industrial
Listing office Mahoney & Associates (831) 238-3592
Listing date Jan 29, 2026
Source Crexi
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 Mahoney & Associates
HighLights
- ±42,519 SF climate‑controlled industrial facility ideal for cold storage and specialized industrial uses
- Located on a ±5‑acre, fully fenced site with ample parking
- Features impressive 32’ clear heights and 10 dock‑high loading bays
- Equipped with 5,000+ amps of 3‑phase power and a dedicated 2,000 kVA transformer
- Includes extensive security systems
- Zoned HI / B‑5 (Industrial) and conveniently located near Highway 101
Overview
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 | $561.3k | $13.20 |
| − Vacancy | −$33.7k | −$0.79 |
| EGI | $527.6k | $12.41 |
| − OpEx | −$79.1k | −$1.86 |
| NOI | $448.4k | $10.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Salinas
- County
- Monterey
- State
- California
- Longitude
- -121.5638191
- Latitude
- 36.6160812