Flex-Warehouse with Roll-Up
For Sale
Contact for pricing
Pending
225-31 16th St, San Diego, CA 91950
Flex-warehouse with two roll-up doors and 28-foot clear height, configured for one contiguous space or two tenants.
Property Size6,000 SF
Days on Market273
Property Features for 225-31 16th St
General Information
Standard status
Pending
Size
6,000 SF
Property subtype
Office, Retail, Industrial
Zoning
INDUSTRIAL
Warehouse & Industrial
Clear Height
28 ft
Drive-In Doors
2
Building Details
Year Built
1991
Buildings
1
Units
1
Listing Agency:
LOF Realty
Listed By:
Brandon Loftus · License #01891776
(619) 295-2211
Source:
Crexi
Added: Jan 20
Changed: Oct 2
Last Checked: Oct 19 at 7:08AM
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 LOF Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-warehouse offers approximately 6,000 square feet of floor space between a usable ground floor and renovated mezzanine areas on each side. The warehouse can be operated contiguously as one large space, or left as configured to create two separate spaces.
Two large roll-up doors provide direct access to the warehouse area with 28-foot clear height. The property is offered for sale at 225-31 16th St in San Diego, CA 91950, in the heart of National City.
Two large roll-up doors provide direct access to the warehouse area with 28-foot clear height. The property is offered for sale at 225-31 16th St in San Diego, CA 91950, in the heart of National City.
Key Highlights
- 1991‑built flex‑warehouse with ~6,000 SF of floor space including usable ground floor and renovated mezzanine spaces
- 28‑foot clear height warehouse with two large roll‑up doors for straightforward loading and access
- Configured to operate as one contiguous large space or as two separate spaces for multi‑tenant use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,048
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,740,960
$1.7M
Cap Rate 7%
$1,243,543
$1.2M
Cap Rate 9%
$967,200
$967.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$144.0K $24.00/SF
− Vacancy
−$10.1K −$1.68/SF
EGI
$133.9K $22.32/SF
− OpEx
−$46.9K −$7.81/SF
NOI
$87.0K $14.51/SF
Area
San Diego, CA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,740,960
Cap Rate 7%
$1,243,543
Cap Rate 9%
$967,200
Alternative Uses
Best Use
Flex RnD
$1.24M
$1.09M – $1.45M
NOI $87,048 @ 7.0% cap · market cap 4.59%
Second Best
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,163 @ 7.0% cap · market cap 4.55%
Theoretical Best
Specialty Retail
$2.37M
$2.07M – $2.76M
NOI $165,888 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
28 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
6,152
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91950, CA
57,849
Population
19,049
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
7,925
Density / Sq Mi
$63,858
Median Household Income
$34,013
Median Earnings
$1,600
Median Rent
$580,700
Median Home Value
Market
Vacancy Rate% for Industrial in San Diego, CA
Similar Off Market Nearby
- A+M Catering — 1735 National Ave, San Diego, CA 92113
- MishMash Catering Company — 1805 Newton Ave, San Diego, CA 92113
- Tamales Don Pepe y La Güera — 20 25th St, San Diego, CA 92102
- San Diego Private Chefs — 321 Tenth Ave, San Diego, CA 92101
- Apéro Mobile Bar — 321 Tenth Ave, San Diego, CA 92101
Frequently Asked Questions
What type of property is this?
Flex space - Flex-warehouse with two roll-up doors and 28-foot clear height, configured for one contiguous space or two tenants.
Where is this flex space located?
The property is located at 225-31 16th St San Diego, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 1991‑built flex‑warehouse with ~6,000 SF of floor space including usable ground floor and renovated mezzanine spaces; 28‑foot clear height warehouse with two large roll‑up doors for straightforward loading and access; Configured to operate as one contiguous large space or as two separate spaces for multi‑tenant use
