Sprinklered Industrial
For Sale
$3,150,000
2115 Willow Road, Arroyo Grande, CA 93420
Sprinklered industrial warehouse on 1.86 acres, featuring well and septic services and 6 fully leased units.
Property Size12,000 SF
Lot Size1.86 Acres
Price / SF$262.50
Days on Market407
Property Features for 2115 Willow Road
General Information
Standard status
Active
Size
12,000 SF
Lot size
1.86 Acres
Property subtype
Commercial/Industrial
Zoning
Industrial
Occupancy
100%
Additional Details
Sprinkler System
Yes
Building Details
Building Size
12,000 SF
Listing Agency:
McCarty Davis, Inc.
(805) 543-1801
Listed By:
Steve Davis · License #01843738
(805) 704-5727
Source:
Exitrealty
Added: Sep 16, 2025
Changed: Oct 25
Last Checked: Oct 26 at 2:56PM
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 McCarty Davis, Inc.
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Investment Insights
Based on property information with market context.
This sprinklered industrial warehouse includes 6 units within a 12,000 SF building. The property is 100% leased, offering an income-producing configuration for an industrial buyer looking for existing occupancy. The building is served by well water and septic.
Set on a 1.86-acre parcel, the property is zoned Industrial. Its site supports an industrial layout consistent with the zoning designation.
Designed for warehouse use, the building’s sprinklered system and fully leased 6-unit setup are practical considerations for operators seeking steady in-place tenancy.
Set on a 1.86-acre parcel, the property is zoned Industrial. Its site supports an industrial layout consistent with the zoning designation.
Designed for warehouse use, the building’s sprinklered system and fully leased 6-unit setup are practical considerations for operators seeking steady in-place tenancy.
Key Highlights
- 12,000 SF industrial warehouse with 6 units
- 100% leased occupancy
- Sprinklered building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,115
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,722,300
$2.7M
Cap Rate 7%
$1,944,500
$1.9M
Cap Rate 9%
$1,512,389
$1.5M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$165.6K $13.80/SF
− Vacancy
−$5.5K −$0.46/SF
EGI
$160.1K $13.34/SF
− OpEx
−$24.0K −$2.00/SF
NOI
$136.1K $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%
$2,722,300
Cap Rate 7%
$1,944,500
Cap Rate 9%
$1,512,389
Alternative Uses
Best Use
Warehouse
$1.94M
$1.70M – $2.27M
NOI $136,115 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$4.72M
$4.13M – $5.51M
NOI $330,359 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93420, CA
30,540
Population
13,823
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
95%
High-School Grad
197.4 sq mi
ZIP Area
155
Density / Sq Mi
$106,718
Median Household Income
$51,990
Median Earnings
$2,025
Median Rent
$872,200
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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- Central Coast Self Storage — 725 Sheridan Rd, Arroyo Grande, CA 93420
Frequently Asked Questions
What type of property is this?
Warehouse - Sprinklered industrial warehouse on 1.86 acres, featuring well and septic services and 6 fully leased units.
Where is this warehouse located?
The property is located at 2115 Willow Road Arroyo Grande, CA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 12,000 SF industrial warehouse with 6 units; 100% leased occupancy; Sprinklered building
