Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Condo with High Clearance Title is generated by Realmo AI

    2260 Macarthur Dr, Tracy, CA 95376

    View on Map
    Claim this Listing
    For Sale
    $789,000

    Versatile industrial condo with high clearance and expansion potential.

    Type:Commercial
    Property size:
    3,135 SF
    Price / SF:
    $251/SF
    Added:
    Apr 2, 2026
    Days on Market:
    60
    Last Refresh:
    Apr 2 at 8:13 pm

    Property Features for 2260 Macarthur Dr

    General Information

    Standard status
    Active
    Size
    3,135 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2007

    We can help!

    Listing Contact
    TAMMY MERRILL

    Listing agent TAMMY MERRILL

    Listing office MERRILL SIGNATURE PROP

    Listing date Apr 2, 2026

    Source Corcoran

    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 MERRILL SIGNATURE PROP

    HighLights

    • ±3,135 sq ft industrial condo with approximately 22’ clear height suitable for various uses.
    • Features two 14’ roll‑up doors and open shop space.
    • Approved for mezzanine or second‑floor build‑out for future expansion.
    • Located in a designated Green Zone, allowing for cannabis cultivation (buyer to verify).
    • Office/lobby area with HVAC and restroom.
    • Includes 5 dedicated parking spaces with additional guest parking.

    Overview

    This industrial condo offers approximately 3,135 square feet of space with a clear height of approximately 22 feet. The unit is suitable for various uses, including automotive, fabrication, light manufacturing, and warehousing. It features two 14-foot roll-up doors, an office/lobby area with HVAC, a restroom, and open shop space. A fully permitted paint spray booth is available and negotiable. The property is approved for mezzanine or second-floor build-out, offering additional flexibility for future expansion. Located in a well-maintained industrial complex with strong occupancy, the HOA dues are approximately $193 per month. The property is situated within a designated Green Zone, allowing for cannabis cultivation, subject to buyer verification. It includes five dedicated parking spaces with additional guest parking. This property presents an excellent opportunity for either an owner-user or an investor.

    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 $53.4k $17.04
    − Vacancy −$1.6k −$0.51
    EGI $51.8k $16.53
    − OpEx −$7.8k −$2.48
    NOI $44.0k $14.05
    3,135 SF · lease $17.04/SF/yr · vacancy 3.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $629.2K
    $550.6K – $734.1K (±1% cap)
    NOI $44,045 @ 7.0% cap · market cap 5.58%
    Second Best
    Flex RnD
    $524.3K
    $458.8K – $611.7K (±1% cap)
    NOI $36,704 @ 7.0% cap · market cap 4.65%
    Theoretical Best
    Office A
    $688.4K
    $602.4K – $803.2K (±1% cap)
    NOI $48,191 @ 7.0% cap · market cap 6.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    harrison customs, inc Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tracy
    County
    San Joaquin
    State
    California
    Longitude
    -121.4119137
    Latitude
    37.752551

    Nearby Similar for Sale

    • $3,995,000
      15,437 SF

      New Multifamily Community in Tracy

      New construction, 6-unit multifamily property with luxury finishes in Tracy.
      3030 W Byron Rd, Tracy, CA 95377
      View Details
    • $980,000
      3,513 SF

      Tracy Warehouse/Office Condo Investment

      Light industrial warehouse/office condo in Tracy Business Park for sale.
      12 W Larch #B19/, Tracy, CA 95304
      View Details
    • $1,399,000
      4,638 SF

      Three Homes on Separate Parcels

      Three homes on three separate parcels in Tracy, California.
      1241 Parker Ave, Tracy, CA 95376
      View Details
    • $3,995,000
      18,200 SF

      Newly Constructed Multifamily Community

      Six-unit multifamily property in Tracy, CA, featuring modern amenities.
      3030 W Byron Rd, Tracy, CA 95377
      View Details
    • $745,000
      1,813 SF

      Tracy Office Space Available

      Office space available for lease in Tracy, California.
      2160-2240 W Grant Line Rd, Tracy, CA
      View Details
    • $499,000

      80-Acre Ranch with Creek Access

      Private 80-acre ranch featuring a seasonal creek and abundant wildlife.
      15676 Corral Hollow Rd, TRACY, CA 95377
      View Details
    • $2,295,000
      7,124 SF

      Tracy Automotive Retail Opportunity

      7,124 SF property suitable for auto shops or retail.
      2501 Entrada Way, TRACY, CA 95376
      View Details
    • $1,399,000
      1,730 SF

      Three Homes on Separate Parcels

      Three homes on three separate parcels near W. 11th Street.
      1241 Parker Ave, Tracy, CA 95376
      View Details
    • $495,000
      1,800 SF

      Retail Space in Tracy, CA

      Retail space available for sale in Tracy, California.
      1031 F St, Tracy, CA 95376
      View Details
    • $5,400,000
      17,810 SF

      New Multifamily Community in Tracy

      Six-unit multifamily property in Tracy with luxury finishes and modern amenities.
      3030 Byron Road, TRACY, CA 95377
      View Details
    • $5,016,626
      25,000 SF

      25,000 SF Retail Shopping Center

      Retail shopping center anchored by CVS Pharmacy.
      3320 N Tracy Blvd | Tracy, CA 95376, CA 95376
      View Details
    • $19,500,000
      55,822 SF

      Safeway Anchored Neighborhood Center

      Newly constructed 55,822 SF Safeway anchored neighborhood center.
      19555 Mountain House Pkwy, Tracy, CA 95304
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile industrial condo with high clearance and expansion potential.
    Where is this flex space located?
    The property is located at 2260 Macarthur Dr Tracy, CA.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: ±3,135 sq ft industrial condo with approximately 22’ clear height suitable for various uses.; Features two 14’ roll‑up doors and open shop space.; Approved for mezzanine or second‑floor build‑out for future expansion.
    (925) 495-0228
    We can help!
    Listing Contact
    TAMMY MERRILL
    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
    2260 Macarthur Dr, TRACY, CA 95376
    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!