Industrial Flex Property with Truck
For Sale
$1,899,000
Pending
7310 Walnut Avenue, Winton, CA 95388
Mixed office, two warehouse shops, and secured truck-and-yard area with parking and on-site food truck setups.
Property Size19,000 SF
Days on Market167
Property Features for 7310 Walnut Avenue
General Information
Standard status
Pending
Size
19,000 SF
Total Parking Spaces
40
Property subtype
Commercial/Industrial
Additional Details
Fenced Yard
Yes
Drive-In Doors
8
Building Details
Year Built
1971
Tenancy
Multi
Listing Agency:
Lifestyle Realty
(209) 417-4534
Listed By:
Lynette A. Poquette · License #01946885
(209) 417-4534
Source:
Exitrealty
Added: Feb 26
Changed: Jul 10
Last Checked: Jul 23 at 7:29AM
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 Lifestyle Realty
Investment Insights
Based on property information with market context.
This versatile, well-maintained industrial flex property combines office, warehouse, and yard use in one site. Approximately 3,000 square feet of office space includes four bathrooms, supporting administrative or operational functions. The warehouse component consists of two separate warehouse buildings, one approximately 10,000 square feet and the other approximately 9,000 square feet, and each features four roll-up doors. The two warehouse shops are configured as distinct spaces with different electrical options, which can support a range of industrial or commercial users.
Located at 7310 W. Walnut Ave in Winton, CA 95388, the property also includes dedicated parking for semi trucks with approximately 30–40 parking spots total. Additional income is generated through on-site food trucks, with three food trucks identified, each with separate electrical meters. A secured, fenced yard is also provided for a local tow truck driver.
The combination of built-in income uses, separate warehouse configurations, and dedicated yard and parking makes this property practical for an owner-user who needs warehouse and operational space while retaining revenue-producing components. It may also suit investors or operators looking for a property that supports multiple industrial and service-related functions under one roof and on one site.
Located at 7310 W. Walnut Ave in Winton, CA 95388, the property also includes dedicated parking for semi trucks with approximately 30–40 parking spots total. Additional income is generated through on-site food trucks, with three food trucks identified, each with separate electrical meters. A secured, fenced yard is also provided for a local tow truck driver.
The combination of built-in income uses, separate warehouse configurations, and dedicated yard and parking makes this property practical for an owner-user who needs warehouse and operational space while retaining revenue-producing components. It may also suit investors or operators looking for a property that supports multiple industrial and service-related functions under one roof and on one site.
Key Highlights
- 1971‑built commercial property with approx. 3,000 SF office space and four bathrooms
- Two separate warehouse shops: approx. 10,000 SF (4 roll‑up doors) and approx. 9,000 SF (4 roll‑up doors)
- Warehouse shops are configured as two independent units with different electrical options for flexible use
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
$141,313
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
7.44%
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%
$2,826,260
$2.8M
Cap Rate 7%
$2,018,757
$2.0M
Cap Rate 9%
$1,570,144
$1.6M
Market Conditions
NOI Build-Up for 19,000 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
$180.1K $9.48/SF
− Vacancy
−$13.9K −$0.73/SF
EGI
$166.3K $8.75/SF
− OpEx
−$24.9K −$1.31/SF
NOI
$141.3K $7.44/SF
Area
Merced County, CA
Vacancy
7.70%
Lease Rate
$9.48 /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%
$2,826,260
Cap Rate 7%
$2,018,757
Cap Rate 9%
$1,570,144
Alternative Uses
Best Use
Flex RnD
$3.22M
$2.82M – $3.76M
NOI $225,738 @ 7.0% cap · market cap 11.89%
Second Best
Warehouse
$2.02M
$1.77M – $2.36M
NOI $141,313 @ 7.0% cap · market cap 7.44%
Theoretical Best
Healthcare Medical
$4.19M
$3.67M – $4.89M
NOI $293,436 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Drive-in doors
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95388, CA
13,878
Population
3,957
Households
3.5
Avg Household Size
30
Median Age
7%
College-Educated
63%
High-School Grad
37.7 sq mi
ZIP Area
368
Density / Sq Mi
$60,762
Median Household Income
$35,741
Median Earnings
$1,108
Median Rent
$307,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Mixed office, two warehouse shops, and secured truck-and-yard area with parking and on-site food truck setups.
Where is this flex space located?
The property is located at 7310 Walnut Avenue Winton, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 1971‑built commercial property with approx. 3,000 SF office space and four bathrooms; Two separate warehouse shops: approx. 10,000 SF (4 roll‑up doors) and approx. 9,000 SF (4 roll‑up doors); Warehouse shops are configured as two independent units with different electrical options for flexible use
