Flex Space with Industrial
New
For Sale
$1,250,000
533 Hi Tech Pkwy, Oakdale, CA 95361
Functional flex property with warehouse, shop, office, and restroom areas, plus substantial outdoor operating space.
Property Size4,875 SF
Lot Size1.14 Acres
Price / SF$256.41
Days on Market5
Property Features for 533 Hi Tech Pkwy
General Information
Standard status
Active
Size
4,875 SF
Lot size
1.14 Acres
Zoning
L-M Limited Industrial
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Power
400 amps
Building Details
Building Size
4,875 SF
Listing Agency:
Touchdown Properties
8477087
Listed By:
William Jones
8409152
Source:
Exprealty
Added: Sep 15
Changed: Sep 18
Last Checked: Sep 18 at 4:55AM
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 Touchdown Properties
Investment Insights
Based on property information with market context.
This flex property combines approximately 4,875 square feet of warehouse, shop, office, and restroom improvements on approximately 1.14 acres. The building includes 400-amp electrical service, while the surrounding yard supports truck maneuvering, parking, equipment staging, outdoor storage, and routine industrial activity.
The property is located at 533 Hi Tech Parkway in Oakdale, within an established industrial corridor near South Yosemite Avenue. Highway 120/108 is accessible from the site. L-M Limited Industrial zoning supports warehouse, storage, manufacturing, contractor, and related commercial uses subject to City requirements.
The property is located at 533 Hi Tech Parkway in Oakdale, within an established industrial corridor near South Yosemite Avenue. Highway 120/108 is accessible from the site. L-M Limited Industrial zoning supports warehouse, storage, manufacturing, contractor, and related commercial uses subject to City requirements.
Key Highlights
- Approximately 4,875 SF of warehouse, shop, office, and restroom space
- Approximately 1.14‑acre site with substantial industrial yard area
- 400‑amp electrical service
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
$54,300
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
4.34%
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%
$1,086,000
$1.1M
Cap Rate 7%
$775,714
$775.7K
Cap Rate 9%
$603,333
$603.3K
Market Conditions
NOI Build-Up for 4,875 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
$87.8K $18.00/SF
− Vacancy
−$4.2K −$0.86/SF
EGI
$83.5K $17.14/SF
− OpEx
−$29.2K −$6.00/SF
NOI
$54.3K $11.14/SF
Area
Stanislaus County, CA
Vacancy
4.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
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%
$1,086,000
Cap Rate 7%
$775,714
Cap Rate 9%
$603,333
Alternative Uses
Best Use
Flex RnD
$775.7K
$678.8K – $905.0K
NOI $54,300 @ 7.0% cap · market cap 4.34%
Second Best
Warehouse
$507.2K
$443.8K – $591.7K
NOI $35,504 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$2.27M
$1.98M – $2.64M
NOI $158,610 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95361, CA
35,019
Population
12,913
Households
2.7
Avg Household Size
40
Median Age
24%
College-Educated
86%
High-School Grad
217.4 sq mi
ZIP Area
161
Density / Sq Mi
$91,381
Median Household Income
$47,508
Median Earnings
$1,496
Median Rent
$479,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Functional flex property with warehouse, shop, office, and restroom areas, plus substantial outdoor operating space.
Where is this flex space located?
The property is located at 533 Hi Tech Pkwy Oakdale, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 4,875 SF of warehouse, shop, office, and restroom space; Approximately 1.14‑acre site with substantial industrial yard area; 400‑amp electrical service
