Multi-Suite Industrial
3088 Winkle Ave, Live Oak, CA 95065
For Sale
$2,195,000
Wood-framed interior partitions can be removed or rearranged to change the space configuration.
Property Size8,100 SF
Lot Size0.45 Acres
Price / SF$270.99
Days on Market11
Property Features for 3088 Winkle Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Fenced Yard
Property Use
Building Details
Year Built
Buildings
Stories
Building Size
Listing Agency:
Coldwell Banker Realty
Listed By:
Paul Zech · License #01965059
(831) 247-3007
Source:
Elliman
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 6:13AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
The 8,100-square-foot industrial building, constructed in 1972, is divided into 7 rentable spaces and has five 10-by-10-foot roll-up doors. Its wood-frame interior partitions can be removed or adjusted, and the building has high ceilings. Six electrical meters serve the property, with a master water meter.
The property occupies a 19,515-square-foot commercial lot at 3088 Winkle Ave in Live Oak. C-1 zoning, 21 parking spaces, and a fenced rear yard are among its site features.
The property occupies a 19,515-square-foot commercial lot at 3088 Winkle Ave in Live Oak. C-1 zoning, 21 parking spaces, and a fenced rear yard are among its site features.
Key Highlights
- 8,100‑square‑foot industrial building on a 19,515‑square‑foot lot
- 7 current rentable spaces
- Five 10‑by‑10‑foot roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,105
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,242,100
$3.2M
Cap Rate 7%
$2,315,786
$2.3M
Cap Rate 9%
$1,801,167
$1.8M
Market Conditions
NOI Build-Up for 8,100 SF
Gross rent
$243.0K $30.00/SF
− Vacancy
−$11.4K −$1.41/SF
EGI
$231.6K $28.59/SF
− OpEx
−$69.5K −$8.58/SF
NOI
$162.1K $20.01/SF
Area
Santa Cruz County, CA
Vacancy
4.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,242,100
Cap Rate 7%
$2,315,786
Cap Rate 9%
$1,801,167
Alternative Uses
Best Use
Industrial
$2.32M
$2.03M – $2.70M
NOI $162,105 @ 7.0% cap · market cap 7.39%
Second Best
Flex RnD
$1.29M
$1.13M – $1.51M
NOI $90,316 @ 7.0% cap · market cap 4.11%
Theoretical Best
Retail
$4.63M
$4.05M – $5.40M
NOI $324,211 @ 7.0% cap · market cap 14.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 95065, CA
8,444
Population
3,090
Households
2.7
Avg Household Size
46
Median Age
50%
College-Educated
96%
High-School Grad
10.9 sq mi
ZIP Area
775
Density / Sq Mi
$142,768
Median Household Income
$52,963
Median Earnings
$2,618
Median Rent
$1,192,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Wood-framed interior partitions can be removed or rearranged to change the space configuration.
Where is this industrial property located?
The property is located at 3088 Winkle Ave Live Oak, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 8,100‑square‑foot industrial building on a 19,515‑square‑foot lot; 7 current rentable spaces; Five 10‑by‑10‑foot roll‑up doors
