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 Market120
Property Features for 621 S Andreasen Dr
General Information
Standard status
Active
Size
10,496 SF
Property subtype
INDUSTRIAL
Listing Agency:
Palomar Commercial
(760) 918-2600
Listed By:
Justin Beattie
(760) 918-2600
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.
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
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,898
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Properties on Market for Warehouses in San Diego County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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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