Sacramento Warehouse with Secured
For Sale
$3,900,000
4100 Florin Perkins Road, Sacramento, CA 95826
Industrial warehouse with large fenced yard in Power Inn submarket.
Property Size18,800 SF
Lot Size2.00 Acres
Price / SF$207.45
Days on Market161
Property Features for 4100 Florin Perkins Road
General Information
Standard status
Active
Size
18,800 SF
Lot size
2.00 Acres
Property subtype
Industrial
Listing Agency:
CBRE | Sacramento
(916) 446-8222
Listed By:
Jason Goff · License #01205230
(916) 446-8222
Source:
Cbre
Added: Mar 25
Changed: Aug 23
Last Checked: Aug 31 at 2:37PM
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.
The property features an industrial warehouse of approximately 18,800 square feet situated on approximately 2 acres. The building has concrete tilt-up construction, skylights, and a clear height of 20 feet. It is equipped with a sprinkler system and includes two grade-level doors, each measuring 12' x 14'. The electrical system is estimated at 800 amps, 277/480V, 3 phase, but the buyer is advised to verify. The property also features an exterior dock well with two loading positions. A notable feature is the approximately 40,000 square foot fenced and secured yard area. The zoning is M-1S -SWR (City of Sacramento). The property is located in the Power Inn submarket of Sacramento, offering immediate access to Highway 50 via Folsom Boulevard, with connections to Highway 99. The seller will occupy the site until September 2025, and the property will be available for occupancy on October 1st, 2025. There are month-to-month tenants who lease on a short-term basis.
Key Highlights
- +/- 40,000 SF fenced and secured yard area
- Strong corner location with dock platform and two loading positions
- Immediate access to Highway 50 via Folsom Boulevard, with nearby connections to Highway 99
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
295
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95826, CA
39,902
Population
16,712
Households
2.4
Avg Household Size
35
Median Age
36%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
3,800
Density / Sq Mi
$77,689
Median Household Income
$44,486
Median Earnings
$1,691
Median Rent
$441,300
Median Home Value
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 - Industrial warehouse with large fenced yard in Power Inn submarket.
Where is this warehouse located?
The property is located at 4100 Florin Perkins Road 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: +/- 40,000 SF fenced and secured yard area; Strong corner location with dock platform and two loading positions; Immediate access to Highway 50 via Folsom Boulevard, with nearby connections to Highway 99
