Flex Space with Warehouse
New
For Sale
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401 Glass Lane, Modesto, CA 95356
Planned Industrial-zoned property combines professional offices with a clear-span warehouse, multiple loading doors, and on-site parking.
Property Size11,919 SF
Price / SF$188.77
Days on Market6
Property Features for 401 Glass Lane
General Information
Standard status
Active
Size
11,919 SF
Property subtype
Industrial
Zoning
Planned Industrial
Occupancy
100%
Lease Type
Modified
Net Operating Income
$164,482
Warehouse & Industrial
Clear Height
22 ft
Clear Span
Yes
Warehouse Space
10,605 SF
Office Build-Out
1,314 SF
Drive-In Doors
5
Power
225 amps
Voltage
208 V
Three-Phase Power
Yes
Sprinkler System
Yes
Amenities
security cameras
alarm system
ADA-accessible restrooms
portable loading dock/yard ramp
Building Details
Year Built
1990
Buildings
1
Building Size
11,919 SF
Listing Agency:
Liddicoat CRE, Inc.
Listed By:
Delora "Lorie" Diaz-Liddicoat · License #02305797
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 3 at 6:06AM
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 Liddicoat CRE, Inc.
Investment Insights
Based on property information with market context.
This 11,919-square-foot flex property, built in 1990, combines approximately 1,314 square feet of office space with 10,605 square feet of clear-span warehouse area. The industrial portion includes five oversized grade-level roll-up doors, skylights, insulation, 20- to 22-foot minimum clear heights, mezzanine storage, and a sprinkler system with rating to be determined. The building also has ADA-accessible restrooms, security cameras, an alarm system, and a portable loading dock or yard ramp.
The site provides on-site parking, low-maintenance landscaping, and two points of ingress and egress. Located in Modesto, California, the property is zoned Planned Industrial. Alpine Motor Collection and Alpine Truck Sales occupy the facility, supporting its current use by a commercial vehicle operator. The source information identifies Alpine as an established operator with more than 22 years of industry experience and four locations nationwide.
The site provides on-site parking, low-maintenance landscaping, and two points of ingress and egress. Located in Modesto, California, the property is zoned Planned Industrial. Alpine Motor Collection and Alpine Truck Sales occupy the facility, supporting its current use by a commercial vehicle operator. The source information identifies Alpine as an established operator with more than 22 years of industry experience and four locations nationwide.
Key Highlights
- 11,919 SF flex property with 1,314 SF of office space and 10,605 SF of clear‑span warehouse
- Five oversized grade‑level roll‑up doors measuring approximately 16' x 16'
- 20'–22' minimum clear height with mezzanine storage and skylights
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $314.7k | $26.40 |
| − Vacancy | −$47.2k | −$3.96 |
| EGI | $267.5k | $22.44 |
| − OpEx | −$66.9k | −$5.61 |
| NOI | $200.6k | $16.83 |
11,919 SF · lease $26.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.87M
$2.51M – $3.34M
NOI $200,597 @ 7.0% cap · market cap 8.92%
Second Best
Flex RnD
$2.24M
$1.96M – $2.61M
NOI $156,465 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$4.00M
$3.50M – $4.67M
NOI $280,335 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
22 ft
Clear height
5
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
864
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95356, CA
33,070
Population
11,802
Households
2.8
Avg Household Size
40
Median Age
29%
College-Educated
90%
High-School Grad
22.2 sq mi
ZIP Area
1,490
Density / Sq Mi
$95,376
Median Household Income
$52,867
Median Earnings
$1,794
Median Rent
$495,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Planned Industrial-zoned property combines professional offices with a clear-span warehouse, multiple loading doors, and on-site parking.
Where is this flex space located?
The property is located at 401 Glass Lane Modesto, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 11,919 SF flex property with 1,314 SF of office space and 10,605 SF of clear‑span warehouse; Five oversized grade‑level roll‑up doors measuring approximately 16' x 16'; 20'–22' minimum clear height with mezzanine storage and skylights
