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Flex Industrial Property with Two-Story Office
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741 S Airport Way, Stockton, CA 95205

Includes a fenced and paved yard, with 2,700 square feet of two-story office and a covered overhang.

Property Size24,000 SF
Price / SF$1.00
Days on Market95

Property Features for 741 S Airport Way

General Information

Standard status Active
Size 24,000 SF
Property subtype Industrial

Site & Location

Neighborhood East Stockton
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Building Details

Stories 2
Listing Agency: Stockton
Listed By: Wes Widmer · License #CA-01315686
Source: Colliers
Added: Jul 26 Changed: Oct 25 Last Checked: Oct 28 at 4:43AM

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 Stockton

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex industrial property totals 13,500 square feet, including 2,700 square feet of two-story office space. The site is fenced and paved, supporting a functional yard configuration, and includes a 1,260 square foot covered overhang.

Access to the yard is available via Pilgrim Street, providing direct movement between office areas and the outdoor work space.

With a combined office and industrial/flex layout plus covered overhead protection, the property is suited to users who need both administrative space and an outdoor, secured operations area.

Key Highlights

  • 3,500 SF building total, including 2,700 SF of two‑story office space
  • Fenced and paved property with a 1,260 SF covered overhang
  • Access to yard via Pilgrim Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$231,034
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,620,680 $4.6M
Cap Rate 7%
$3,300,486 $3.3M
Cap Rate 9%
$2,567,044 $2.6M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$345.6K $14.40/SF
− Vacancy
−$15.6K −$0.65/SF
EGI
$330.0K $13.75/SF
− OpEx
−$99.0K −$4.13/SF
NOI
$231.0K $9.63/SF
Area
ZIP 95205
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,620,680
Cap Rate 7%
$3,300,486
Cap Rate 9%
$2,567,044

Alternative Uses

Best Use
Flex RnD
$3.56M
$3.11M – $4.15M (±1% cap)
NOI $248,976 @ 7.0% cap · market cap 1,037.40%
Second Best
Industrial
$3.30M
$2.89M – $3.85M (±1% cap)
NOI $231,034 @ 7.0% cap · market cap 962.64%
Theoretical Best
Office A
$6.37M
$5.57M – $7.43M (±1% cap)
NOI $445,824 @ 7.0% cap · market cap 1,857.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Quality Door & Trim Hardware & Home Improvement TIRE AND WHEEL WAREHOUSE Auto Parts Store Freight Broker Inc Logistics Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Store & Service Electrical Service Veterinary Clinic Pet Grooming Service

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

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,049
Businesses Nearby
Well-served
Demand for This Use

Demographics for 95205, CA

40,720
Population
11,722
Households
3.5
Avg Household Size
30
Median Age
5%
College-Educated
56%
High-School Grad
9.0 sq mi
ZIP Area
4,524
Density / Sq Mi
$58,138
Median Household Income
$32,253
Median Earnings
$1,264
Median Rent
$288,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

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  • Hill Topp Restaurant-Catering — 126 E Market St, Stockton, CA 95202
  • Superchickenman — 15 N California St, Stockton, CA 95204
  • Fabricación de food truck — Stockton, CA 95202

Frequently Asked Questions

What type of property is this?
Flex space - Includes a fenced and paved yard, with 2,700 square feet of two-story office and a covered overhang.
Where is this flex space located?
The property is located at 741 S Airport Way Stockton, CA.
What are key features of this property?
This property features: 3,500 SF building total, including 2,700 SF of two‑story office space; Fenced and paved property with a 1,260 SF covered overhang; Access to yard via Pilgrim Street
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Includes: Price & PSF · Cap rate · Location · Zoning

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