Newer Industrial Building in
For Sale
$340,000
7245 Clark, Paradise, CA 95969
Modern industrial building in high-visibility location, built in 2020.
Property Size3,600 SF
Lot Size0.26 Acres
Price / SF$94.44
Days on Market147
Property Features for 7245 Clark
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.26 Acres
Property subtype
Commercial
Building Details
Year Built
2020
Listing Agency:
EXP REALTY OF CALIFORNIA, INC.
(888) 584-9427
Listed By:
GAYLENE DI LORENZO · License #01328353
Source:
Corcoran
Added: Mar 28
Changed: Jul 6
Last Checked: Aug 20 at 4:31AM
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 EXP REALTY OF CALIFORNIA, INC.
Investment Insights
Based on property information with market context.
Built in 2020 as part of Paradise’s post-Camp Fire rebuild, this industrial property offers the opportunity to own a newer construction commercial building in a high-visibility location on Clark Road with exposure from Skyway. The 3,600 sq ft Butler steel building (45’ x 80’) is engineered for performance and longevity, featuring full insulation and a heavy-duty 6-inch concrete slab designed to support demanding industrial uses. Equipped with 200-amp three-phase power, with the potential to expand to 400 amps, this property is suited for a wide range of operations. Additional features include a 15-foot roll-up door for easy access, a dedicated office space, and an ADA-compliant restroom. Currently occupied by High Angle Driveline, this property presents an opportunity for an owner-user or investor seeking a modern, high-quality industrial building in a growing and rebuilding community. This is a standout commercial asset in Paradise.
Key Highlights
- Newer construction (2020) in a rebuilding community, offering a modern industrial space.
- High‑visibility location on Clark Road with exposure from Skyway.
- 3,600 sq ft Butler steel building with full insulation and heavy‑duty 6‑inch concrete slab.
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
$21,864
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%
$437,280
$437.3K
Cap Rate 7%
$312,343
$312.3K
Cap Rate 9%
$242,933
$242.9K
Market Conditions
NOI Build-Up for 3,600 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
$32.4K $9.00/SF
− Vacancy
−$1.2K −$0.32/SF
EGI
$31.2K $8.68/SF
− OpEx
−$9.4K −$2.60/SF
NOI
$21.9K $6.07/SF
Area
Butte County, CA
Vacancy
3.60%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
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%
$437,280
Cap Rate 7%
$312,343
Cap Rate 9%
$242,933
Alternative Uses
Best Use
Industrial
$312.3K
$273.3K – $364.4K
NOI $21,864 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,127 @ 7.0% cap · market cap 34.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 95969, CA
5,710
Population
3,908
Households
1.5
Avg Household Size
55
Median Age
30%
College-Educated
95%
High-School Grad
50.7 sq mi
ZIP Area
113
Density / Sq Mi
$72,250
Median Household Income
$47,969
Median Earnings
$1,244
Median Rent
$419,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Modern industrial building in high-visibility location, built in 2020.
Where is this manufacturing property located?
The property is located at 7245 Clark Paradise, CA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Newer construction (2020) in a rebuilding community, offering a modern industrial space.; High‑visibility location on Clark Road with exposure from Skyway.; 3,600 sq ft Butler steel building with full insulation and heavy‑duty 6‑inch concrete slab.
