Industrial Building with Heavy
For Sale
Contact for pricing
285 Venture St, San Marcos, CA 92078
Industrial building with heavy power, three grade-level doors, and a fenced yard, plus office and mezzanine space.
Property Size7,958 SF
Lot Size0.36 Acres
Price / SF$320.43
Days on Market157
Property Features for 285 Venture St
General Information
Standard status
Active
Size
7,958 SF
Total Parking Spaces
12
Lot size
0.36 Acres
Property subtype
Industrial
Zoning
I
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
3
Heavy Power
Yes
Building Details
Year Built
1994
Listing Agency:
Voit Real Estate Services Voit Carlsbad
Listed By:
Christopher Moussa · License #02111997
Source:
Crexi
Added: Apr 2
Changed: Aug 22
Last Checked: Sep 2 at 4:57PM
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 approximately 7,958-square-foot industrial building is designed for manufacturing users and includes heavy power distributed throughout the warehouse. The facility offers 16’ clear height, insulated warehouse ceilings, insulated ceilings, multiple skylights, and a bonus mezzanine of approximately 2,600 square feet. An approximately 1,000-square-foot air-conditioned office supports the warehouse space, which is served by three grade-level doors (10’ x 12’).
The property includes a secure fenced yard area and a parking lot with 12 surface spaces. It is zoned Industrial (I) and sits on an approximately 0.36-acre lot. Access is described as providing connectivity to Highway 78, with proximity to CSU San Marcos and the North City development.
The building’s power offering is listed as 800 amps / 120-208 volt, 3-phase distributed throughout the warehouse, making it well-suited for equipment-intensive operations that require substantial electrical service.
The property includes a secure fenced yard area and a parking lot with 12 surface spaces. It is zoned Industrial (I) and sits on an approximately 0.36-acre lot. Access is described as providing connectivity to Highway 78, with proximity to CSU San Marcos and the North City development.
The building’s power offering is listed as 800 amps / 120-208 volt, 3-phase distributed throughout the warehouse, making it well-suited for equipment-intensive operations that require substantial electrical service.
Key Highlights
- Approx. 7,958 SF industrial building built in 1994 with 16' clear height
- Heavy power in the warehouse: 800 Amps, 120‑208 Volt, 3‑phase
- 3 grade‑level doors (10' x 12') plus multiple skylights throughout the warehouse
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
$110,556
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
4.34%
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%
$2,211,120
$2.2M
Cap Rate 7%
$1,579,371
$1.6M
Cap Rate 9%
$1,228,400
$1.2M
Market Conditions
NOI Build-Up for 7,958 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
$143.2K $18.00/SF
− Vacancy
−$13.2K −$1.66/SF
EGI
$130.1K $16.34/SF
− OpEx
−$19.5K −$2.45/SF
NOI
$110.6K $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 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%
$2,211,120
Cap Rate 7%
$1,579,371
Cap Rate 9%
$1,228,400
Alternative Uses
Best Use
Warehouse
$1.58M
$1.38M – $1.84M
NOI $110,556 @ 7.0% cap · market cap 4.34%
Second Best
Industrial
$1.30M
$1.14M – $1.52M
NOI $91,046 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$3.65M
$3.19M – $4.25M
NOI $255,226 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
3
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building with heavy power, three grade-level doors, and a fenced yard, plus office and mezzanine space.
Where is this manufacturing property located?
The property is located at 285 Venture St San Marcos, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Approx. 7,958 SF industrial building built in 1994 with 16' clear height; Heavy power in the warehouse: 800 Amps, 120‑208 Volt, 3‑phase; 3 grade‑level doors (10' x 12') plus multiple skylights throughout the warehouse
