Industrial Building in San
For Sale
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8646 Commerce Ave, San Diego, CA 92121
4,610 SF industrial building with flexible space and storage.
Property Size4,610 SF
Price / SF$463.12
Days on Market153
Property Features for 8646 Commerce Ave
General Information
Standard status
Active
Size
4,610 SF
Property subtype
Industrial
Zoning
IL-2-1
Investment Type
Owner/User
Listing Agency:
NAI San Diego
Listed By:
Mark Silverman · License #00899837
Source:
Crexi
Added: May 15
Changed: Sep 12
Last Checked: Oct 12 at 5:02PM
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 NAI San Diego
Investment Insights
Based on property information with market context.
The property is a 4,610 square foot industrial building located at 8646 Commerce Ave in San Diego, CA. Constructed with concrete tilt-up, the building features 14-foot ceiling heights and is demisable for flexible use. It includes 3-phase power, a 2" gas line, two 10' x 12' grade loading doors, one 6' x 8' grade level door, and skylights. A small fenced outside storage area is also included. Zoned Industrial IL-2-1, this property presents an opportunity for owner/users or investors seeking industrial space.
Key Highlights
- 4,610 square foot industrial building in San Diego, CA
- Concrete tilt‑up construction with 14‑foot ceiling heights
- Demisable space for flexible use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,882
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,640
$1.3M
Cap Rate 7%
$955,457
$955.5K
Cap Rate 9%
$743,133
$743.1K
Market Conditions
NOI Build-Up for 4,610 SF
Gross rent
$110.6K $24.00/SF
− Vacancy
−$7.7K −$1.68/SF
EGI
$102.9K $22.32/SF
− OpEx
−$36.0K −$7.81/SF
NOI
$66.9K $14.51/SF
Area
San Diego, CA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,640
Cap Rate 7%
$955,457
Cap Rate 9%
$743,133
Alternative Uses
Best Use
Flex RnD
$955.5K
$836.0K – $1.11M
NOI $66,882 @ 7.0% cap · market cap 3.13%
Second Best
Industrial
$778.9K
$681.5K – $908.7K
NOI $54,520 @ 7.0% cap · market cap 2.55%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.12M
NOI $127,457 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,636
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92121, CA
4,658
Population
1,774
Households
2.6
Avg Household Size
32
Median Age
75%
College-Educated
99%
High-School Grad
12.5 sq mi
ZIP Area
373
Density / Sq Mi
$135,795
Median Household Income
$70,431
Median Earnings
$2,537
Median Rent
$1,091,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in San Diego, CA
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Frequently Asked Questions
What type of property is this?
Flex space - 4,610 SF industrial building with flexible space and storage.
Where is this flex space located?
The property is located at 8646 Commerce Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,135,000.
What are key features of this property?
This property features: 4,610 square foot industrial building in San Diego, CA; Concrete tilt‑up construction with 14‑foot ceiling heights; Demisable space for flexible use
