Contemporary Flex Space with Bay
For Sale
$299,500
5621 Dunsmuir Ave., Dunsmuir, CA 96025
INCOME PROPERTY, Contemporary, Dunsmuir, CA
Property Size1,100 SF
Lot Size0.36 Acres
Price / SF$272.27
Days on Market199
Property Features for 5621 Dunsmuir Ave.
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Security features
Security Lighting
Exterior features
Handicap Access, Overhead Doors, RV Parking, Security Lighting, Sidewalk
Fencing
Chain Link
Accessibility
Accessible Approach with Ramp
Subdivision
Dunsmuir
Standard status
Active
Size
1,100 SF
Lot size
0.36 Acres
Amenities
bay doors
Building Details
Number of units
1
Flooring type
Vinyl
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
Alpine Realty, Inc
(530) 926-2646
Listed By:
Ron James · License #00797675
(415) 412-6878
Added: Feb 12
Changed: Aug 23
Last Checked: Aug 30 at 9:06AM
MLS# 20260132
Copyright © 2026 Siskiyou Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This contemporary flex property contains 1,100 square feet and is situated on two adjoining lots totaling 0.36 acres. The building was freshly painted inside and out and includes two large overhead bay doors, a bathroom, vinyl flooring, and space for a private office or storefront operation. Exterior features include RV parking, chain-link fencing, security lighting, a sidewalk, and an accessible ramped approach.
The property is located at the intersection of Spruce and Dunsmuir Avenue in Dunsmuir, California. MU-3 zoning supports the property's commercial positioning, while the bay-door access accommodates uses requiring convenient vehicle entry. The building also includes handicap access and a composition roof.
The property is located at the intersection of Spruce and Dunsmuir Avenue in Dunsmuir, California. MU-3 zoning supports the property's commercial positioning, while the bay-door access accommodates uses requiring convenient vehicle entry. The building also includes handicap access and a composition roof.
Key Highlights
- 1,100‑square‑foot contemporary flex property on 0.36 acres
- MU‑3 zoning with two adjoining lots
- Two large overhead bay doors for vehicle access
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
$10,633
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
3.55%
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%
$212,660
$212.7K
Cap Rate 7%
$151,900
$151.9K
Cap Rate 9%
$118,144
$118.1K
Market Conditions
NOI Build-Up for 1,100 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
$17.8K $16.20/SF
− Vacancy
−$1.5K −$1.33/SF
EGI
$16.4K $14.87/SF
− OpEx
−$5.7K −$5.21/SF
NOI
$10.6K $9.67/SF
Area
Siskiyou County, CA
Vacancy
8.20%
Lease Rate
$16.20 /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%
$212,660
Cap Rate 7%
$151,900
Cap Rate 9%
$118,144
Alternative Uses
Best Use
Flex RnD
$151.9K
$132.9K – $177.2K
NOI $10,633 @ 7.0% cap · market cap 3.55%
Second Best
Industrial
$86.3K
$75.5K – $100.7K
NOI $6,043 @ 7.0% cap · market cap 2.02%
Theoretical Best
Office A
$323.6K
$283.1K – $377.5K
NOI $22,651 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 96025, CA
2,225
Population
1,534
Households
1.5
Avg Household Size
50
Median Age
23%
College-Educated
91%
High-School Grad
103.5 sq mi
ZIP Area
21
Density / Sq Mi
$43,714
Median Household Income
$28,731
Median Earnings
$930
Median Rent
$271,900
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.
Similar Off Market Nearby
- Lunchbox Dinners — 4330 Branstetter St, Dunsmuir, CA 96025
Frequently Asked Questions
What type of property is this?
Flex space - Freshly painted commercial space with MU-3 zoning, two adjoining lots, and room for office or storefront use.
Where is this flex space located?
The property is located at 5621 Dunsmuir Ave. Dunsmuir, CA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: 1,100‑square‑foot contemporary flex property on 0.36 acres; MU‑3 zoning with two adjoining lots; Two large overhead bay doors for vehicle access
