Sacramento Warehouse with Dock
For Sale
Contact for pricing
4100 Florin Perkins Rd, Sacramento, CA
18,800 SF warehouse on 2 acres with dock.
Property Size18,800 SF
Lot Size2.04 Acres
Price / SF$207.45
Days on Market305
Property Features for 4100 Florin Perkins Rd
General Information
Standard status
Active
Size
18,800 SF
Lot size
2.04 Acres
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Sacramento
(916) 446-8222
Listed By:
Jimmy Landis · License #01205230
(530) 631-2237
Source:
Moodyscre
Added: Oct 16, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:13PM
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 CBRE | Sacramento
Investment Insights
Based on property information with market context.
This property is situated on approximately 2 acres and features concrete tilt-up construction. The warehouse offers a clear height of 20 feet and includes skylights throughout. It is equipped with a sprinkler system and has two grade-level doors, each measuring 12 feet by 14 feet. The electrical capacity is estimated at 800 amps, 277/480V, 3 phase; the buyer is advised to verify this. Zoned M-1S -SWR by the City of Sacramento, the property also includes an exterior dock well with two loading positions. The building has a total area of 18,800 square feet.
Key Highlights
- +/- 2 Acres
- Benefit from 20' Clear Height
- Built with durable Concrete Tilt‑Up Construction
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
$144,357
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
3.70%
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%
$2,887,140
$2.9M
Cap Rate 7%
$2,062,243
$2.1M
Cap Rate 9%
$1,603,967
$1.6M
Market Conditions
NOI Build-Up for 18,800 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
$180.5K $9.60/SF
− Vacancy
−$10.6K −$0.57/SF
EGI
$169.8K $9.03/SF
− OpEx
−$25.5K −$1.36/SF
NOI
$144.4K $7.68/SF
Area
Sacramento, CA
Vacancy
5.90%
Lease Rate
$9.60 /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%
$2,887,140
Cap Rate 7%
$2,062,243
Cap Rate 9%
$1,603,967
Alternative Uses
Best Use
Warehouse
$2.06M
$1.80M – $2.41M
NOI $144,357 @ 7.0% cap · market cap 3.70%
Second Best
Industrial
$2.04M
$1.78M – $2.38M
NOI $142,689 @ 7.0% cap · market cap 3.66%
Theoretical Best
Specialty Retail
$5.05M
$4.42M – $5.89M
NOI $353,628 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Sacramento, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 18,800 SF warehouse on 2 acres with dock.
Where is this warehouse located?
The property is located at 4100 Florin Perkins Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: +/- 2 Acres; Benefit from **20' Clear Height**; Built with durable **Concrete Tilt‑Up Construction**
