Renovated Three-Bay Flex
For Sale
$1,999,888
807 Industrial Drive, Hollister, CA 95023
CommercialSale, Hollister, CA
Property Size9,000 SF
Lot Size0.42 Acres
Price / SF$222.21
Days on Market21
Property Features for 807 Industrial Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1
Parking
15
Accessibility
Accessible Approach with Ramp
Subdivision
Hollister
Standard status
Active
APN
056-270-012-000
Size
9,000 SF
Lot size
0.42 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
security and surveillance system
remodeled bathrooms
Building Details
Year built
1987
Floors in Building
2
Flooring type
Laminate, Tile, Concrete
Roof type
Metal
Listing Agency:
Nino Real Estate
(831) 637-0111
Listed By:
Jason Noble · License #01010866
(831) 801-3210
Added: Oct 1
Changed: Oct 21
Last Checked: Oct 21 at 1:06PM
MLS# ML82063238
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This M1-zoned flex property contains 9,000 square feet across three bays on 0.424 acres. Improvements include updated interiors and bathrooms, LED lighting, heating and high-CFM ventilation in each bay, walk-in refrigeration units, an air compressor with compressed-air distribution, and upgraded electrical capacity. The building also has a fire sprinkler system, security cameras and alarm, ADA-compliant features, and three 14-foot roll-up doors. Flooring includes laminate, tile, and concrete.
At 807 Industrial Drive in Hollister, the site includes a repaved parking area with fifteen spaces. Public water and sewer serve the property. Built in 1987, it has central air conditioning, a metal roof, and an accessible approach with ramp.
Two electrical meters and one gas meter are currently installed; additional gas meter connections are possible. The electrical service is 400 amps, divided between two 200-amp panels. The building previously housed two tenants, with potential for a third unit.
At 807 Industrial Drive in Hollister, the site includes a repaved parking area with fifteen spaces. Public water and sewer serve the property. Built in 1987, it has central air conditioning, a metal roof, and an accessible approach with ramp.
Two electrical meters and one gas meter are currently installed; additional gas meter connections are possible. The electrical service is 400 amps, divided between two 200-amp panels. The building previously housed two tenants, with potential for a third unit.
Key Highlights
- 9,000‑square‑foot flex property on 0.424 acres
- Three bays, each with a 14‑foot roll‑up door
- 15 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,219
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,004,380
$3.0M
Cap Rate 7%
$2,145,986
$2.1M
Cap Rate 9%
$1,669,100
$1.7M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$232.2K $25.80/SF
− Vacancy
−$17.6K −$1.96/SF
EGI
$214.6K $23.84/SF
− OpEx
−$64.4K −$7.15/SF
NOI
$150.2K $16.69/SF
Area
San Benito County, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,004,380
Cap Rate 7%
$2,145,986
Cap Rate 9%
$1,669,100
Alternative Uses
Best Use
Industrial
$2.15M
$1.88M – $2.50M
NOI $150,219 @ 7.0% cap · market cap 7.51%
Second Best
Flex RnD
$1.99M
$1.74M – $2.32M
NOI $139,490 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$5.43M
$4.75M – $6.34M
NOI $380,341 @ 7.0% cap · market cap 19.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95023, CA
56,973
Population
18,043
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
394.8 sq mi
ZIP Area
144
Density / Sq Mi
$108,156
Median Household Income
$47,362
Median Earnings
$1,908
Median Rent
$740,500
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Craft & Twist . Mobile Bar Services — 1025 Peach Ct, Hollister, CA 95023
- Café Con Leche Craft Coffee & Coffee Roasters — 400 San Benito St Suite 104, Hollister, CA 95023
- Servin Bartending — 310 1st St, Hollister, CA 95023
Frequently Asked Questions
What type of property is this?
Flex space - Configured for multiple occupants, the property combines upgraded building systems with parking for fifteen vehicles.
Where is this flex space located?
The property is located at 807 Industrial Drive Hollister, CA.
What is the asking price?
The asking price for this property is $1,999,888.
What are key features of this property?
This property features: 9,000‑square‑foot flex property on 0.424 acres; Three bays, each with a 14‑foot roll‑up door; 15 on‑site parking spaces
