Two-Tenant Flex Industrial
New
For Sale
$2,725,000
4881 Sunrise Dr, Martinez, CA 94553
Mixed service commercial and light industrial zoning supports warehouse and service-oriented uses.
Property Size11,636 SF
Lot Size1.52 Acres
Price / SF$234.19
Days on Market2
Property Features for 4881 Sunrise Dr
General Information
Standard status
Active
Size
11,636 SF
Total Parking Spaces
6
Lot size
1.52 Acres
Property subtype
Commercial
Zoning
M-SC/L-I
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
4
Office Units
2
Building Details
Year Built
1996
Buildings
1
Building Size
11,636 SF
Construction
concrete tilt-up
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS TRI VALLEY REALTY
(510) 867-4806
Listed By:
Nolan Jones · License #01509417
(510) 867-4806
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 1:06PM
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 KELLER WILLIAMS TRI VALLEY REALTY
Investment Insights
Based on property information with market context.
4881 Sunrise Drive is an 11,636-square-foot concrete tilt-up flex industrial building built in 1996 on a 66,168-square-foot, 1.52-acre lot. The two-tenant configuration includes Suites A and B, with one unit occupied and one available. Each suite combines warehouse space with front office areas, and the building has four full-height grade-level roll-up doors. Six unreserved vehicle stalls are located at the rear, with additional on-street parking along Sunrise Drive.
The site includes substantial rear yard area for fleet vehicles, service trucks, trailers, and equipment storage. The parcel extends east to Pacheco Boulevard, with the adjacent hillside included in the ownership and visibility from the higher-traffic roadway. Zoning is M-SC/L-I (Mixed Service Commercial / Light Industrial), with a Commercial/Light Industrial General Plan designation and inclusion in the John Muir Parkway Specific Plan area. Highway 4 is less than half a mile away, and the I-680 interchange is approximately 1.5 miles south. The property is outside any FEMA flood zone.
The site includes substantial rear yard area for fleet vehicles, service trucks, trailers, and equipment storage. The parcel extends east to Pacheco Boulevard, with the adjacent hillside included in the ownership and visibility from the higher-traffic roadway. Zoning is M-SC/L-I (Mixed Service Commercial / Light Industrial), with a Commercial/Light Industrial General Plan designation and inclusion in the John Muir Parkway Specific Plan area. Highway 4 is less than half a mile away, and the I-680 interchange is approximately 1.5 miles south. The property is outside any FEMA flood zone.
Key Highlights
- 11,636‑square‑foot concrete tilt‑up building on a 1.52‑acre lot
- Two‑tenant configuration with one occupied unit and one available suite
- Four full‑height grade‑level roll‑up doors serving the warehouse areas
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $342.1k | $29.40 |
| − Vacancy | −$61.6k | −$5.29 |
| EGI | $280.5k | $24.11 |
| − OpEx | −$70.1k | −$6.03 |
| NOI | $210.4k | $18.08 |
11,636 SF · lease $29.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.01M
$2.63M – $3.51M
NOI $210,391 @ 7.0% cap · market cap 7.72%
Second Best
Warehouse
$3.00M
$2.62M – $3.49M
NOI $209,691 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$4.40M
$3.85M – $5.13M
NOI $307,889 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Drive-in doors
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94553, CA
49,756
Population
19,626
Households
2.5
Avg Household Size
42
Median Age
42%
College-Educated
94%
High-School Grad
61.6 sq mi
ZIP Area
808
Density / Sq Mi
$121,023
Median Household Income
$70,337
Median Earnings
$2,247
Median Rent
$781,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Mixed service commercial and light industrial zoning supports warehouse and service-oriented uses.
Where is this flex space located?
The property is located at 4881 Sunrise Dr Martinez, CA.
What is the asking price?
The asking price for this property is $2,725,000.
What are key features of this property?
This property features: 11,636‑square‑foot concrete tilt‑up building on a 1.52‑acre lot; Two‑tenant configuration with one occupied unit and one available suite; Four full‑height grade‑level roll‑up doors serving the warehouse areas
