Versatile Commercial Building on Large
For Sale
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4435 Granite Dr, Rocklin, CA 95677
29,380 SF commercial building on 4.70 acres for sale.
Property Size29,380 SF
Lot Size4.70 Acres
Price / SF$357.39
Days on Market147
Property Features for 4435 Granite Dr
General Information
Standard status
Active
Size
29,380 SF
Lot size
4.70 Acres
Property subtype
Industrial, Retail, Special Purpose
Zoning
C-1, C-2
Building Details
Year Built
1991
Buildings
1
Stories
1
Units
1
Listing Agency:
CBRE - Roseville
(916) 781-4802
Listed By:
Scott Rush · License #01228497
Source:
Crexi
Added: Mar 17
Changed: Aug 8
Last Checked: Aug 8 at 2:16PM
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 - Roseville
Investment Insights
Based on property information with market context.
This single-story, Class B commercial building, constructed in 1991, offers approximately 29,380 square feet of space on a 4.70-acre parcel. The building features reinforced concrete construction and a 20-foot building height. Zoned C-1/C-2, the property supports flexible planning and development options, making it suitable for various commercial uses. It is ideal for an owner-user, investor, or tenant seeking a well-maintained, single-tenant facility with ample land and long-term potential.
Key Highlights
- Substantial ±29,380 SF single‑story building on a large 4.70‑acre parcel.
- Flexible C‑1/C‑2 zoning allows for diverse commercial uses.
- Well‑maintained, single‑tenant facility suitable for owner‑users, investors, or tenants.
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
$571,141
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
5.44%
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%
$11,422,820
$11.4M
Cap Rate 7%
$8,159,157
$8.2M
Cap Rate 9%
$6,346,011
$6.3M
Market Conditions
NOI Build-Up for 29,380 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
$909.6K $30.96/SF
− Vacancy
−$93.7K −$3.19/SF
EGI
$815.9K $27.77/SF
− OpEx
−$244.8K −$8.33/SF
NOI
$571.1K $19.44/SF
Area
Placer County, CA
Vacancy
10.30%
Lease Rate
$30.96 /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%
$11,422,820
Cap Rate 7%
$8,159,157
Cap Rate 9%
$6,346,011
Alternative Uses
Best Use
Retail
$8.16M
$7.14M – $9.52M
NOI $571,141 @ 7.0% cap · market cap 5.44%
Second Best
Industrial
$5.17M
$4.52M – $6.03M
NOI $361,817 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$11.37M
$9.95M – $13.27M
NOI $796,171 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
811
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95677, CA
28,351
Population
11,212
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
9.7 sq mi
ZIP Area
2,923
Density / Sq Mi
$104,985
Median Household Income
$56,477
Median Earnings
$2,081
Median Rent
$630,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 29,380 SF commercial building on 4.70 acres for sale.
Where is this flex space located?
The property is located at 4435 Granite Dr Rocklin, CA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Substantial ±29,380 SF single‑story building on a large 4.70‑acre parcel.; Flexible C‑1/C‑2 zoning allows for diverse commercial uses.; Well‑maintained, single‑tenant facility suitable for owner‑users, investors, or tenants.
