Free Standing R&D Industrial
For Sale
Contact for pricing
43455 Business Park Dr, Temecula, CA 92590
Free standing R&D/industrial building with 24' minimum clear height, grade and dock doors, and natural gas service.
Property Size44,317 SF
Price / SF$230.16
Days on Market506
Property Features for 43455 Business Park Dr
General Information
Standard status
Active
Size
44,317 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
24 ft
Dock-High Doors
2
Drive-In Doors
2
Additional Details
Utilities to Site
Yes
Listing Agency:
Kidder Mathews | San Diego
(858) 509-1200
Listed By:
Mike Pappas
(760) 533-2833
Source:
Moodyscre
Added: Apr 30, 2025
Changed: Sep 6
Last Checked: Sep 16 at 8:36PM
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 Kidder Mathews | San Diego
Investment Insights
Based on property information with market context.
This free standing R&D/industrial facility is located within Rancho California Business Park and features a 24' minimum clear height. The building includes two grade level doors and two dock high doors, with one dock high door currently filled in. The property also offers potential for a fenced yard.
On-site utilities include natural gas to the building, supporting a range of industrial and R&D uses consistent with the property’s existing improvements.
The warehouse-style layout and door configuration provide practical loading flexibility for tenant operations requiring both grade level and dock access.
On-site utilities include natural gas to the building, supporting a range of industrial and R&D uses consistent with the property’s existing improvements.
The warehouse-style layout and door configuration provide practical loading flexibility for tenant operations requiring both grade level and dock access.
Key Highlights
- Free‑standing R&D/industrial facility with 24' minimum clear height
- Features 2 grade‑level doors and 2 dock‑high doors (1 filled in)
- Natural gas service to the building
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
$412,274
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
4.04%
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%
$8,245,480
$8.2M
Cap Rate 7%
$5,889,629
$5.9M
Cap Rate 9%
$4,580,822
$4.6M
Market Conditions
NOI Build-Up for 44,317 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
$638.2K $14.40/SF
− Vacancy
−$49.2K −$1.11/SF
EGI
$589.0K $13.29/SF
− OpEx
−$176.7K −$3.99/SF
NOI
$412.3K $9.30/SF
Area
Temecula, CA
Vacancy
7.71%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
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%
$8,245,480
Cap Rate 7%
$5,889,629
Cap Rate 9%
$4,580,822
Alternative Uses
Best Use
Industrial
$5.89M
$5.15M – $6.87M
NOI $412,274 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.76M
$12.04M – $16.05M
NOI $962,863 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
24 ft
Clear height
2
Dock-high doors
2
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 92590, CA
4,840
Population
2,023
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
54.4 sq mi
ZIP Area
89
Density / Sq Mi
$76,952
Median Household Income
$41,510
Median Earnings
$1,289
Median Rent
$1,201,400
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?
Manufacturing property - Free standing R&D/industrial building with 24' minimum clear height, grade and dock doors, and natural gas service.
Where is this manufacturing property located?
The property is located at 43455 Business Park Dr Temecula, CA.
What is the asking price?
The asking price for this property is $10,200,000.
What are key features of this property?
This property features: Free‑standing R&D/industrial facility with 24' minimum clear height; Features 2 grade‑level doors and 2 dock‑high doors (1 filled in); Natural gas service to the building
