Free-Standing Industrial
For Sale
Contact for pricing
27495 Diaz Rd, Temecula, CA 92590
Free-standing industrial building with office buildout, roll-up door access, and a fenced yard with truck well loading.
Property Size33,000 SF
Price / SF$234.85
Days on Market117
Property Features for 27495 Diaz Rd
General Information
Standard status
Active
Size
33,000 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
20 ft
Dock-High Doors
2
Drive-In Doors
1
Listing Agency:
Lee & Associates
(951) 445-4500
Listed By:
Charley Black · License #1000597
(951) 445-4507
Source:
Moodyscre
Added: May 20
Changed: Sep 10
Last Checked: Sep 12 at 9:52AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This free-standing industrial building includes 4,695 SF of office area with five restrooms, nine private offices, a reception area, and a breakroom. Additional space is identified as a potential kitchen/lab area. The warehouse features 19'-20' clear height (to be verified), one ground-level roll-up door, and two dock high loading doors with an exterior truck well.
The property also includes a large fenced yard of approximately 19,000 SF, with the note that it may be expandable to approximately 27,000 SF. This combination of office support and exterior loading/yarding is suited to operations that need both controlled workspace and functional industrial throughput.
Overall, the site offers a straightforward industrial layout with dedicated loading infrastructure and meaningful outdoor space, alongside a substantial, fully built-out office component.
The property also includes a large fenced yard of approximately 19,000 SF, with the note that it may be expandable to approximately 27,000 SF. This combination of office support and exterior loading/yarding is suited to operations that need both controlled workspace and functional industrial throughput.
Overall, the site offers a straightforward industrial layout with dedicated loading infrastructure and meaningful outdoor space, alongside a substantial, fully built-out office component.
Key Highlights
- Free‑standing industrial building with 4,695 SF of office area and office buildout
- Office includes reception, breakroom, 9 private offices, and 5 restrooms (5 RRs)
- Potential kitchen/lab space area available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$372,778
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,455,560
$7.5M
Cap Rate 7%
$5,325,400
$5.3M
Cap Rate 9%
$4,141,978
$4.1M
Market Conditions
NOI Build-Up for 33,000 SF
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.
Gross rent
$475.2K $14.40/SF
− Vacancy
−$36.6K −$1.11/SF
EGI
$438.6K $13.29/SF
− OpEx
−$65.8K −$1.99/SF
NOI
$372.8K $11.30/SF
Area
Temecula, CA
Vacancy
7.71%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,455,560
Cap Rate 7%
$5,325,400
Cap Rate 9%
$4,141,978
Alternative Uses
Best Use
Warehouse
$5.33M
$4.66M – $6.21M
NOI $372,778 @ 7.0% cap · market cap 4.81%
Second Best
Industrial
$4.39M
$3.84M – $5.12M
NOI $306,993 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$10.24M
$8.96M – $11.95M
NOI $716,982 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
20 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,546
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92590, CA
4,840
Population
2,023
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
54.4 sq mi
ZIP Area
89
Density / Sq Mi
$76,952
Median Household Income
$41,510
Median Earnings
$1,289
Median Rent
$1,201,400
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
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Frequently Asked Questions
What type of property is this?
Flex space - Free-standing industrial building with office buildout, roll-up door access, and a fenced yard with truck well loading.
Where is this flex space located?
The property is located at 27495 Diaz Rd Temecula, CA.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: Free‑standing industrial building with 4,695 SF of office area and office buildout; Office includes reception, breakroom, 9 private offices, and 5 restrooms (5 RRs); Potential kitchen/lab space area available
