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Warehouse Building with Roll-Up Doors
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621 S Andreasen Dr, Escondido, CA 92029

Warehouse building featuring three roll-up doors, designed for up to five roll-up doors.

Property Size10,496 SF
Price / SF$329.65
Days on Market120

Property Features for 621 S Andreasen Dr

General Information

Standard status Active
Size 10,496 SF
Property subtype INDUSTRIAL
Listing Agency: Palomar Commercial
Listed By: Justin Beattie
Source: Moodyscre
Added: Apr 6 Changed: Jul 30 Last Checked: Aug 3 at 6:20AM

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 Palomar Commercial

Investment Insights

Based on property information with market context.

This warehouse building offers functional loading access with three roll-up doors currently installed. The building design is capable of supporting up to five roll-up doors, providing flexibility for future operating needs. The property totals 10,496 square feet.

Located at 621 S Andreasen Dr in Escondido, CA 92029, the warehouse configuration is suited for businesses that require straightforward dock-to-building access.

With its roll-up door capacity and warehouse layout, the building can support a range of industrial and storage-focused uses where additional loading-door flexibility may be valuable.

Key Highlights

  • 10,496 SF warehouse building
  • Three roll‑up doors currently installed
  • Designed to accommodate up to five roll‑up doors

Financial Insights For Warehouse

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 $176.3k $16.80
− Vacancy −$10.8k −$1.03
EGI $165.5k $15.77
− OpEx −$24.8k −$2.37
NOI $140.7k $13.40
10,496 SF · lease $16.80/SF/yr · vacancy 6.14% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,680 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.71M
$3.24M – $4.32M (±1% cap)
NOI $259,360 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Western Rim Constructors, ... Construction Company Elintrix Consultant R B Design ... Electronics & Wireless Store Generation Circuits Industrial Manufacturer

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,898
Businesses Nearby
Well-served
Demand for This Use

Demographics for 92029, CA

21,236
Population
7,976
Households
2.7
Avg Household Size
44
Median Age
47%
College-Educated
91%
High-School Grad
22.6 sq mi
ZIP Area
940
Density / Sq Mi
$120,038
Median Household Income
$60,558
Median Earnings
$2,232
Median Rent
$911,600
Median Home Value

Market

Properties on Market for Warehouses in San Diego County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Palomar Health Medical Records — 2185 Citracado Parkwy, Escondido, CA 92029
  • Portable Storage Rental Pros Escondido — 130 N Hale Ave #51, Escondido, CA 92029
  • Metcalf Center — 740 Metcalf St STE 2, Escondido, CA 92025
  • North County Moving & Storage Inc — 455 N Hale Ave, Escondido, CA 92029
  • American Mini Storage — 1440 W Mission Rd, Escondido, CA 92029

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse building featuring three roll-up doors, designed for up to five roll-up doors.
Where is this warehouse located?
The property is located at 621 S Andreasen Dr Escondido, CA.
What is the asking price?
The asking price for this property is $3,460,000.
What are key features of this property?
This property features: 10,496 SF warehouse building; Three roll‑up doors currently installed; Designed to accommodate up to five roll‑up doors
(760) 918-2600 Call to check price and availability
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