Warehouse Building with Roll-Up
For Sale
Contact for pricing
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 Market214
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
(760) 918-2600
Source:
Moodyscre
Added: Apr 6
Changed: Oct 26
Last Checked: Nov 4 at 3:19PM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$140,680
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,813,600
$2.8M
Cap Rate 7%
$2,009,714
$2.0M
Cap Rate 9%
$1,563,111
$1.6M
Market Conditions
NOI Build-Up for 10,496 SF
Gross rent
$176.3K $16.80/SF
− Vacancy
−$10.8K −$1.03/SF
EGI
$165.5K $15.77/SF
− OpEx
−$24.8K −$2.37/SF
NOI
$140.7K $13.40/SF
Area
Escondido, CA
Vacancy
6.14%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,813,600
Cap Rate 7%
$2,009,714
Cap Rate 9%
$1,563,111
Alternative Uses
Best Use
Warehouse
$2.01M
$1.76M – $2.34M
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
NOI $259,360 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,898
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Portable Storage Rental Pros Escondido — 130 N Hale Ave #51, Escondido, CA 92029
- North County Moving & Storage Inc — 455 N Hale Ave, Escondido, CA 92029
- Palomar Health Medical Records — 2185 Citracado Parkwy, Escondido, CA 92029
- American Mini Storage — 1440 W Mission Rd, Escondido, CA 92029
- Metcalf Center — 740 Metcalf St STE 2, Escondido, CA 92025
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
