Multi-Tenant Warehouse with 9
850 S Cawston Ave Hemet, CA 92545
For Sale
Contact for pricing
Six-unit warehouse with nine 10'x10' ground-level doors, 12' clear height, and a newly installed sprinkler system.
Property Size16,200 SF
Price / SF$259.26
Days on Market24
Property Features for 850 S Cawston Ave
General Information
Standard status
Active
Size
16,200 SF
Property subtype
INDUSTRIAL
Listing Agency:
Newmark - Ontario
(626) 664-1567
Listed By:
Craig McKenzie
(626) 664-1567
Source:
Moodyscre
Added: Jul 7
Changed: Jul 28
Last Checked: Jul 29 at 12:18PM
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 Newmark - Ontario
Investment Insights
Based on property information with market context.
This multi-tenant warehouse building is positioned for an owner/user and features six units with practical ground-level access. There are nine ground-level doors, each sized at 10' x 10', supporting straightforward move-in and operations. The facility offers 12' clear height and includes a new sprinkler system.
Each unit is served with 200 Amp, 277 Volt, 3 Phase electrical service, providing measured power capacity across the building’s configuration. The property is located at 850 S Cawston Ave in Hemet, CA.
The combination of multiple unit layout, multiple roll-up doors, and updated fire suppression make the building well-suited for tenants seeking warehouse space with direct, ground-level loading.
Each unit is served with 200 Amp, 277 Volt, 3 Phase electrical service, providing measured power capacity across the building’s configuration. The property is located at 850 S Cawston Ave in Hemet, CA.
The combination of multiple unit layout, multiple roll-up doors, and updated fire suppression make the building well-suited for tenants seeking warehouse space with direct, ground-level loading.
Key Highlights
- Multi‑tenant warehouse building with 6 units
- 9 ground‑level doors, each 10' x 10'
- 12' clear height
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 | $202.2k | $12.48 |
| − Vacancy | −$12.1k | −$0.75 |
| EGI | $190.0k | $11.73 |
| − OpEx | −$28.5k | −$1.76 |
| NOI | $161.5k | $9.97 |
16,200 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.31M
$2.02M – $2.69M
NOI $161,539 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.85M
$4.25M – $5.66M
NOI $339,727 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- A Storage Place — 3450 Wentworth Dr, Hemet, CA 92545
- Extra Space Storage — 750 S Sanderson Ave, Hemet, CA 92545
Frequently Asked Questions
What type of property is this?
Warehouse - Six-unit warehouse with nine 10'x10' ground-level doors, 12' clear height, and a newly installed sprinkler system.
Where is this warehouse located?
The property is located at 850 S Cawston Ave Hemet, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Multi‑tenant warehouse building with 6 units; 9 ground‑level doors, each 10' x 10'; 12' clear height
