Free-Standing Retail
For Sale
Contact for pricing
31970 Castaic Rd, Castaic, CA 91384
Standalone retail warehouse with 22' clear height, 40-ton HVAC, and multiple grade-level and dock-high doors.
Property Size51,619 SF
Price / SF$164.67
Days on Market125
Property Features for 31970 Castaic Rd
General Information
Standard status
Active
Size
51,619 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
22 ft
Dock-High Doors
2
Drive-In Doors
5
Heavy Power
Yes
Properties For Sale
at 31970 Castaic Rd Contact us- Size
- 51,619 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
31970 Castaic Rd
Free Standing Retail Warehouse
40-Ton HVAC System
Two (2) DH Doors and Five (5) GL...
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Listing Agency:
Stratton Commercial Real Estate, Inc.
(661) 702-9700
Listed By:
Robert Stratton · License #01182000
(661) 212-5699
Source:
Moodyscre
Added: May 4
Changed: Aug 27
Last Checked: Aug 14 at 7:53AM
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 Stratton Commercial Real Estate, Inc.
Investment Insights
Based on property information with market context.
This free-standing retail warehouse includes a 40-ton HVAC system and a clear height of 22 feet. The facility is served by two dock-high doors and five ground-level doors, and it has substantial electrical capacity, including 1,600 amps at 600 volts with three-phase power.
The property is located at 31970 Castaic Rd in Castaic, CA 91384. It is offered for sale.
With its high clear height, HVAC support, and multiple door types, the building is designed to accommodate straightforward retail warehouse operations requiring loading flexibility and controlled interior conditions.
The property is located at 31970 Castaic Rd in Castaic, CA 91384. It is offered for sale.
With its high clear height, HVAC support, and multiple door types, the building is designed to accommodate straightforward retail warehouse operations requiring loading flexibility and controlled interior conditions.
Key Highlights
- Free‑standing retail warehouse with 22' clear height
- 40‑ton HVAC system
- Two DH doors and five GL doors
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
$671,663
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
7.90%
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%
$13,433,260
$13.4M
Cap Rate 7%
$9,595,186
$9.6M
Cap Rate 9%
$7,462,922
$7.5M
Market Conditions
NOI Build-Up for 51,619 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
$830.0K $16.08/SF
− Vacancy
−$39.8K −$0.77/SF
EGI
$790.2K $15.31/SF
− OpEx
−$118.5K −$2.30/SF
NOI
$671.7K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /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%
$13,433,260
Cap Rate 7%
$9,595,186
Cap Rate 9%
$7,462,922
Alternative Uses
Best Use
Warehouse
$9.60M
$8.40M – $11.19M
NOI $671,663 @ 7.0% cap · market cap 7.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$27.64M
$24.18M – $32.24M
NOI $1,934,563 @ 7.0% cap · market cap 22.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
2
Dock-high doors
5
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91384, CA
28,585
Population
7,254
Households
3.9
Avg Household Size
36
Median Age
32%
College-Educated
84%
High-School Grad
103.6 sq mi
ZIP Area
276
Density / Sq Mi
$129,603
Median Household Income
$57,827
Median Earnings
$1,730
Median Rent
$693,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Blue Sky Storage LLC — 31508 Neely St, Castaic, CA 91384
- Castaic Lake Storage — 31442 Castaic Rd, Castaic, CA 91384
- Castaic Lake RV Park — 31540 Ridge Rte Rd, Castaic, CA 91384
- Castaic Self Storage — 32015 The Old Rd, Castaic, CA 91384
- All Locked Up Storage: Boat, RV and Self-Storage for Castaic — 32204 Castaic Rd, Castaic, CA 91384
Frequently Asked Questions
What type of property is this?
Warehouse - Standalone retail warehouse with 22' clear height, 40-ton HVAC, and multiple grade-level and dock-high doors.
Where is this warehouse located?
The property is located at 31970 Castaic Rd Castaic, CA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Free‑standing retail warehouse with 22' clear height; 40‑ton HVAC system; Two DH doors and five GL doors
