Clear Span Flex
For Sale
Contact for pricing
4075 Transport St, Palo Alto, CA 94303
Clear span warehouse with rollup door, skylights, small office, and 4–5 parking spaces.
Property Size4,950 SF
Lot Size0.16 Acres
Price / SF$555.56
Days on Market243
Property Features for 4075 Transport St
General Information
Standard status
Active
Size
4,950 SF
Total Parking Spaces
5
Lot size
0.16 Acres
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Heavy Power
Yes
Listing Agency:
Sequoia Realty Service
(650) 556-8660
Listed By:
Anthony Kamm · License #01783456
(650) 888-3858
Source:
Moodyscre
Added: Jan 14
Changed: Sep 3
Last Checked: Sep 14 at 10:28AM
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 Sequoia Realty Service
Investment Insights
Based on property information with market context.
This flex/warehouse space features a clear span warehouse layout with a rollup door, nine skylights, and custom walls and lighting designed for art display. The interior includes a small office, two bathrooms, and a warehouse industrial sink for on-site utility needs.
Site and power details include 4–5 parking spaces, and 3-phase 400 amps at 208Y/120. The property also offers easy access to Hwy 101 and El Camino Real, with public transportation nearby.
With its clear span configuration and built-in art-display improvements, the space is well suited for users who value an open warehouse environment complemented by dedicated, office and utility features.
Site and power details include 4–5 parking spaces, and 3-phase 400 amps at 208Y/120. The property also offers easy access to Hwy 101 and El Camino Real, with public transportation nearby.
With its clear span configuration and built-in art-display improvements, the space is well suited for users who value an open warehouse environment complemented by dedicated, office and utility features.
Key Highlights
- Clear span warehouse with a rollup door and 9 skylights
- Warehouse size of about 1,950 SF
- Lot size about 6,970 SF with 4–5 parking spaces
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
$100,325
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
3.65%
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%
$2,006,500
$2.0M
Cap Rate 7%
$1,433,214
$1.4M
Cap Rate 9%
$1,114,722
$1.1M
Market Conditions
NOI Build-Up for 4,950 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
$127.7K $25.80/SF
− Vacancy
−$9.7K −$1.96/SF
EGI
$118.0K $23.84/SF
− OpEx
−$17.7K −$3.58/SF
NOI
$100.3K $20.27/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /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%
$2,006,500
Cap Rate 7%
$1,433,214
Cap Rate 9%
$1,114,722
Alternative Uses
Best Use
Warehouse
$1.43M
$1.25M – $1.67M
NOI $100,325 @ 7.0% cap · market cap 3.65%
Second Best
Industrial
$1.18M
$1.03M – $1.38M
NOI $82,621 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$2.99M
$2.61M – $3.49M
NOI $209,187 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,480
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94303, CA
48,281
Population
15,927
Households
3
Avg Household Size
35
Median Age
48%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
5,748
Density / Sq Mi
$148,031
Median Household Income
$55,788
Median Earnings
$2,710
Median Rent
$1,825,000
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 - Clear span warehouse with rollup door, skylights, small office, and 4–5 parking spaces.
Where is this flex space located?
The property is located at 4075 Transport St Palo Alto, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Clear span warehouse with a rollup door and 9 skylights; Warehouse size of about 1,950 SF; Lot size about 6,970 SF with 4–5 parking spaces
