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San Marcos Industrial Building For Sale
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228 Venture St, San Marcos, CA 92078

6,138 SF industrial building with highway access in San Marcos.

Property Size6,138 SF
Price / SF$329.91
Days on Market241

Property Features for 228 Venture St

General Information

Standard status Active
Size 6,138 SF
Property subtype Industrial
Zoning I - Industrial
Lease Type Gross

Building Details

Year Built 1989
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Voit Real Estate Services Voit Carlsbad
Listed By: Christopher Moussa · License #02111997
Source: Crexi
Added: Feb 15 Changed: Oct 11 Last Checked: Oct 12 at 6:34PM

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 Voit Real Estate Services Voit Carlsbad

Investment Insights

Based on property information with market context.

This 6,138 square foot industrial building is located at 228 Venture St. in San Marcos, California. The building features 18’ clear height and two grade-level doors. There are 12 parking spaces available. The property offers a functional layout suitable for either multi-tenant or single-tenant use. The location provides excellent access to Highway 78 and is conveniently located near CSU San Marcos.

Key Highlights

  • 6,138 SF Industrial Building
  • Excellent Access to Highway 78
  • Functional Multi‑Tenant or Single Tenant Layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$85,272
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,705,440 $1.7M
Cap Rate 7%
$1,218,171 $1.2M
Cap Rate 9%
$947,467 $947.5K
Market Conditions
NOI Build-Up for 6,138 SF
Gross rent
$110.5K $18.00/SF
− Vacancy
−$10.2K −$1.66/SF
EGI
$100.3K $16.34/SF
− OpEx
−$15.0K −$2.45/SF
NOI
$85.3K $13.89/SF
Area
San Diego County, CA
Vacancy
9.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,705,440
Cap Rate 7%
$1,218,171
Cap Rate 9%
$947,467

Alternative Uses

Best Use
Warehouse
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,272 @ 7.0% cap · market cap 4.21%
Second Best
Industrial
$1.00M
$877.8K – $1.17M (±1% cap)
NOI $70,224 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M (±1% cap)
NOI $196,856 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Tri City Tool ... Tool Repair Shop L & S Machine Industrial Manufacturer Watermiser Water Utility Company

Suggested Use

Top Pick Hair Salon HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Hotel & Motel Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,282
Businesses Nearby
Well-served
Demand for This Use

Demographics for 92078, CA

52,347
Population
19,249
Households
2.7
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
16.7 sq mi
ZIP Area
3,135
Density / Sq Mi
$114,905
Median Household Income
$55,060
Median Earnings
$2,468
Median Rent
$874,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - 6,138 SF industrial building with highway access in San Marcos.
Where is this warehouse located?
The property is located at 228 Venture St San Marcos, CA.
What is the asking price?
The asking price for this property is $2,025,000.
What are key features of this property?
This property features: 6,138 SF Industrial Building; Excellent Access to Highway 78; Functional Multi‑Tenant or Single Tenant Layout
More about this property
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