Multi-Tenant Warehouse with 9
For Sale
Contact for pricing
850 S Cawston Ave, Hemet, CA 92545
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$234.57
Days on Market121
Property Features for 850 S Cawston Ave
General Information
Standard status
Active
Size
16,200 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
12 ft
Drive-In Doors
9
Heavy Power
Yes
Sprinkler System
Yes
Building Details
Tenancy
Multi
Listing Agency:
Newmark - Ontario
(909) 605-1100
Listed By:
Craig McKenzie
(626) 664-1567
Source:
Moodyscre
Added: Jul 7
Changed: Oct 31
Last Checked: Nov 4 at 12:27PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$161,539
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,230,780
$3.2M
Cap Rate 7%
$2,307,700
$2.3M
Cap Rate 9%
$1,794,878
$1.8M
Market Conditions
NOI Build-Up for 16,200 SF
Gross rent
$202.2K $12.48/SF
− Vacancy
−$12.1K −$0.75/SF
EGI
$190.0K $11.73/SF
− OpEx
−$28.5K −$1.76/SF
NOI
$161.5K $9.97/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,230,780
Cap Rate 7%
$2,307,700
Cap Rate 9%
$1,794,878
Alternative Uses
Best Use
Warehouse
$2.31M
$2.02M – $2.69M
NOI $161,539 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.85M
$4.25M – $5.66M
NOI $339,727 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
12 ft
Clear height
9
Drive-in doors
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92545, CA
44,072
Population
17,533
Households
2.5
Avg Household Size
45
Median Age
17%
College-Educated
84%
High-School Grad
29.7 sq mi
ZIP Area
1,484
Density / Sq Mi
$59,575
Median Household Income
$41,732
Median Earnings
$1,778
Median Rent
$334,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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 $3,800,000.
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
