Insulated Heavy-Industrial
For Sale
Contact for pricing
565-595 Rossi Court, Gilroy, CA 95020
Secure industrial facility with substantial warehouse space, loading access, sprinkler protection, and three-phase power.
Property Size10,152 SF
Lot Size0.52 Acres
Price / SF$315.21
Days on Market83
Property Features for 565-595 Rossi Court
General Information
Standard status
Active
Size
10,152 SF
Lot size
0.52 Acres
Property subtype
INDUSTRIAL
Zoning
M2
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
3
Power
800 amps
Three-Phase Power
Yes
Sprinkler System
Yes
Additional Details
Asking Price
$3,200,000
Fenced Yard
Yes
Listing Agency:
Colliers | Gilroy
(408) 930-9236
Listed By:
Matt VanKeulen · License #CA-01899003
(408) 930-9236
Source:
Moodyscre
Added: Jun 9
Changed: Aug 30
Last Checked: Aug 30 at 12:51AM
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 Colliers | Gilroy
Investment Insights
Based on property information with market context.
This approximately 10,152-square-foot industrial warehouse occupies a 0.52-acre lot and is configured with roughly 90% warehouse area and 5% office space. The insulated building offers clear heights of approximately 16–20 feet, two restrooms, sprinkler protection, and three grade-level doors plus one large double door. The property is fully fenced for security.
Zoned M2 for heavy industrial use, the facility includes 800-amp, 3-phase power, with electrical capacity subject to buyer verification. Its combination of warehouse volume, loading infrastructure, and office support provides a functional layout for industrial operations.
Zoned M2 for heavy industrial use, the facility includes 800-amp, 3-phase power, with electrical capacity subject to buyer verification. Its combination of warehouse volume, loading infrastructure, and office support provides a functional layout for industrial operations.
Key Highlights
- Approximately 10,152 SF warehouse on a 0.52‑acre lot
- M2 zoning for heavy industrial use
- Three grade‑level doors plus one large double door
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
$205,758
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
6.43%
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%
$4,115,160
$4.1M
Cap Rate 7%
$2,939,400
$2.9M
Cap Rate 9%
$2,286,200
$2.3M
Market Conditions
NOI Build-Up for 10,152 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
$261.9K $25.80/SF
− Vacancy
−$19.9K −$1.96/SF
EGI
$242.1K $23.84/SF
− OpEx
−$36.3K −$3.58/SF
NOI
$205.8K $20.27/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
15.00%
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%
$4,115,160
Cap Rate 7%
$2,939,400
Cap Rate 9%
$2,286,200
Alternative Uses
Best Use
Warehouse
$2.94M
$2.57M – $3.43M
NOI $205,758 @ 7.0% cap · market cap 6.43%
Second Best
Industrial
$2.42M
$2.12M – $2.82M
NOI $169,448 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$6.13M
$5.36M – $7.15M
NOI $429,024 @ 7.0% cap · market cap 13.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
3
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95020, CA
68,090
Population
20,679
Households
3.3
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
151.8 sq mi
ZIP Area
449
Density / Sq Mi
$134,242
Median Household Income
$50,421
Median Earnings
$2,256
Median Rent
$1,005,600
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
- Mini Storage of Gilroy — 50 E Luchessa Ave, Gilroy, CA 95020
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- Pacheco Pass Self Storage — 6600 Brem Ln, Gilroy, CA 95020
Frequently Asked Questions
What type of property is this?
Warehouse - Secure industrial facility with substantial warehouse space, loading access, sprinkler protection, and three-phase power.
Where is this warehouse located?
The property is located at 565-595 Rossi Court Gilroy, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Approximately 10,152 SF warehouse on a 0.52‑acre lot; M2 zoning for heavy industrial use; Three grade‑level doors plus one large double door
