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Industrial Shop and Office Building

227 Kearney Ext Watsonville, CA 95076

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Industrial Park-zoned facility with shop and office space plus canopy-covered parking shop area and included personal property.

Type:INDUSTRIAL
Property size:
13,536 SF
Price / SF:
$295/SF
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 11 at 2:16 am

Property Features for 227 Kearney Ext

General Information

Standard status
Active
Size
13,536 SF
Property subtype
INDUSTRIAL

Listing office J.R. Parrish Commercial Real Estate

Listing date Jul 9, 2026

Source Moodyscre

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 J.R. Parrish Commercial Real Estate


Investment Insights

Based on property information with market context.

This for-sale industrial property includes 13,536 SF of shop and office space, along with a 3,573 SF canopy parking shop space. The offering also notes that personal property is included. The property is zoned Industrial Park.

The address is 227 Kearney Ext, Watsonville, CA 95076.

The building is configured to support shop operations with dedicated office space, supplemented by covered canopy parking for additional shop use.

Key Highlights

  • Zoned Industrial Park facility with 13,536 SF shop and office space
  • Includes 3,573 SF canopy‑covered parking shop space
  • Personal property included with the sale

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 $406.1k $30.00
− Vacancy −$19.1k −$1.41
EGI $387.0k $28.59
− OpEx −$58.0k −$4.29
NOI $328.9k $24.30
13,536 SF · lease $30.00/SF/yr · vacancy 4.70% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$4.70M
$4.11M – $5.48M (±1% cap)
NOI $328,945 @ 7.0% cap · market cap 8.23%
Second Best
Industrial
$3.87M
$3.39M – $4.51M (±1% cap)
NOI $270,896 @ 7.0% cap · market cap 6.78%
Theoretical Best
Retail
$7.74M
$6.77M – $9.03M (±1% cap)
NOI $541,792 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm HVAC Service Pharmacy Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bar & Pub Nursing Home

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

Similar Off Market Nearby

  • Lupita's Catering — 20 Menker St, Watsonville, CA 95076
  • SwingTimeCatering — 19 W Lake Ave, Watsonville, CA 95076
  • Fire Oven Creations — Watsonville, CA 95076

FAQs

What type of property is this?
Flex space - Industrial Park-zoned facility with shop and office space plus canopy-covered parking shop area and included personal property.
Where is this flex space located?
The property is located at 227 Kearney Ext Watsonville, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Zoned Industrial Park facility with 13,536 SF shop and office space; Includes 3,573 SF canopy‑covered parking shop space; Personal property included with the sale
Contact an agent
(831) 476-2222 Call to check price and availability
More about this property
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