Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    502 Irwin St San Rafael, CA 94901

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial space for lease with roll-up doors and fenced yard.

    Property Features for 502 Irwin St

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Belall Ahmed
    Source: Crexi

    Listing Agency: Matthews Listing Agent: Belall Ahmed

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    San Rafael Industrial Space Available

    This industrial space in San Rafael offers approximately 6,000 square feet. The property includes roll-up doors and a fenced yard, suitable for various industrial uses.
    Location Intelligence

    Current Use by Public Records

    Future Prospects Instructional ... Gym & Fitness Center Fine Estate, Inc. ... Discount Store BAMmotion, Inc Gym & Fitness Center J Livingston Home ... Interior Design Fine Estate, Inc. ... Consultant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    San Rafael Self Storage, P & I Mini Storage, Self Storage, Woodland Ave Security Storage, StorQuest Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    San Rafael
    County
    Marin
    State
    California
    Longitude
    -122.5209886
    Latitude
    37.9644312

    Nearby Similar for Lease

    • Contact for pricing

      CA, San Rafael - 4th Street

      Discover many ways to work your way in CA, San Rafael - 4th Street
      1000 4Th St, San Rafael, CA 94901
      View Details
    • Sponsored
      Contact for pricing

      Civic Center

      Discover many ways to work your way in Civic Center
      4040 Civic Center Dr, San Rafael, CA 94903
      View Details
    • Contact for pricing

      Commercial Property on Lucas Valley

      Commercial property with modern offices available for lease.
      101 Lucas Valley Rd, San Rafael, CA 94903
      View Details
    • $3 SF/Yr

      San Rafael Office Space Available

      Office space with private offices, workstations, and highway access.
      4304 Redwood Hwy, San Rafael, CA 94903
      View Details
    • $2 SF/Yr

      San Rafael Office or Retail

      Office or retail space on San Rafael's Miracle Mile.
      2140 4Th St, San Rafael, CA 94901
      View Details
    • Contact for pricing

      Office Space in Creekside Location

      Office space for lease in San Rafael/Larkspur with ample parking.
      7 Mount Lassen Dr, San Rafael, CA 94903
      View Details
    • $2,750 /Mo

      San Rafael Commercial Space For Rent

      Prime commercial space in a vibrant, high-traffic San Rafael location.
      2020 4Th St, San Rafael, CA 94901
      View Details
    • $1.19 SF/Yr

      Premier Office Space in San Rafael

      Exceptional leasing opportunity with modern amenities and convenient location.
      68 Mitchell Blvd, San Rafael, CA 94990
      View Details
    • $740 /Mo

      San Rafael Office/Studio Space ForRent

      Office/Studio space in vibrant downtown San Rafael, CA.
      1000 5Th Ave, San Rafael, CA 94901
      View Details
    • $2 SF/Yr

      Remodeled Retail Space in San Rafael

      Recently remodeled retail space with excellent visibility and natural light.
      1820 4Th St, San Rafael, CA 94901
      View Details
    • $2 SF/Yr

      Prime Retail Space on 4th

      Retail space with frontage display windows and great visibility.
      1310 4Th St, San Rafael, CA 94901
      View Details
    • $1.30 SF/Yr

      San Rafael Warehouse and Office

      Mixed warehouse and office space with convenient access and parking.
      999 Andersen Dr, San Rafael, CA 94901
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial space for lease with roll-up doors and fenced yard.
    Where is this warehouse located?
    The property is located at 502 Irwin St San Rafael, CA.
    What are key features of this property?
    This property features: - ±6,000 SF of Industrial Space available; - Features Roll-Up Doors; - Fenced Yard included
    Request Owner's contact information
    502 Irwin St San Rafael, CA 94901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    502 Irwin St
    San Rafael, CA 94901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 Irwin St San Rafael, CA 94901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Belall Ahmed
    Real Estate License ID: 02135621
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!