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Concrete Tilt-Up Flex Condominium
For Sale
$1,854,000

233 Technology Way, Rocklin, CA 95765

Industrial condominium includes a two-story office component within a concrete construction format.

Property Size7,100 SF
Price / SF$261.13
Days on Market61

Property Features for 233 Technology Way

General Information

Standard status Active
Size 7,100 SF
Property subtype Industrial

Building Details

Construction tilt-up concrete
Listed By: Sean Mahoney, SIOR
Source: Nmrk
Added: Aug 8 Changed: Oct 1 Last Checked: Oct 5 at 3:52PM

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 Sean Mahoney, SIOR

Investment Insights

Based on property information with market context.

This flex property is a concrete tilt-up industrial condominium totaling approximately 7,100 SF. The building includes a two-story office area, creating a combination of industrial and office space within one commercial unit.

Constructed in 2001, the property is located at 233 Technology Way in Rocklin, California. Its condominium format and integrated office component distinguish the asset within the flex-space category.

Key Highlights

  • ±7,100 SF industrial condominium
  • Concrete tilt‑up construction
  • Two‑story office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$162,286
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,245,720 $3.2M
Cap Rate 7%
$2,318,371 $2.3M
Cap Rate 9%
$1,803,178 $1.8M
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$252.2K $35.52/SF
− Vacancy
−$35.8K −$5.04/SF
EGI
$216.4K $30.48/SF
− OpEx
−$54.1K −$7.62/SF
NOI
$162.3K $22.86/SF
Area
Placer County, CA
Vacancy
14.20%
Lease Rate
$35.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,245,720
Cap Rate 7%
$2,318,371
Cap Rate 9%
$1,803,178

Alternative Uses

Best Use
Office B
$2.32M
$2.03M – $2.70M (±1% cap)
NOI $162,286 @ 7.0% cap · market cap 8.75%
Second Best
Industrial
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,437 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$2.75M
$2.41M – $3.21M (±1% cap)
NOI $192,403 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Foothill Alarm Systems ... Security Service POWER Rocklin Gym & Fitness Center ePlus Technology Inc. Professional Services Foothill Systems, Inc. Electronics & Wireless Store Technology Corporate Park Business Service Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Hair Salon Grocery & Convenience Store Pet Store

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

628
Businesses Nearby
Well-served
Demand for This Use

Demographics for 95765, CA

43,120
Population
15,147
Households
2.8
Avg Household Size
38
Median Age
52%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
3,450
Density / Sq Mi
$130,691
Median Household Income
$68,196
Median Earnings
$2,270
Median Rent
$699,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • Popusas Ilobasco — 1200 Albany Way, Rocklin, CA 95765

Frequently Asked Questions

What type of property is this?
Flex space - Industrial condominium includes a two-story office component within a concrete construction format.
Where is this flex space located?
The property is located at 233 Technology Way Rocklin, CA.
What is the asking price?
The asking price for this property is $1,854,000.
What are key features of this property?
This property features: ±7,100 SF industrial condominium; Concrete tilt‑up construction; Two‑story office space
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