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Industrial Building in San Diego

8646 Commerce Ave San Diego, CA 92121

8646 Commerce Ave, San Diego, CA, 92121
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4,610 SF industrial building with flexible space and storage.

Property Size4,610 SF
Price / SF$463.12
AddedMay 15
Days on Market62
Last RefreshJul 2 at 7:08 am

Property Features for 8646 Commerce Ave

General Information

Standard status
Active
Size
4,610 SF
Property subtype
Industrial

Listing office NAI San Diego

Listing date May 15, 2026

Source Crexi

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

Local Financial Insights For Flex RnD

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 $110.6k $24.00
− Vacancy −$7.7k −$1.68
EGI $102.9k $22.32
− OpEx −$36.0k −$7.81
NOI $66.9k $14.51
4,610 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$955.5K
$836.0K – $1.11M (±1% cap)
NOI $66,882 @ 7.0% cap · market cap 3.13%
Second Best
Warehouse
$945.7K
$827.5K – $1.10M (±1% cap)
NOI $66,202 @ 7.0% cap · market cap 3.10%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,457 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Coastal Patio, Inc. Renovation Specialist Kel Coatings Powder Coating Service

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Restaurant Fish Market

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Feast On This Inc — 8395 Camino Santa Fe # D, San Diego, CA 92121
  • The Wild Thyme Company Catering & Events — 8547 Miramar Pl, San Diego, CA 92121
  • CowgirlQ Catering — 6355 Marindustry Dr Suite B, San Diego, CA 92121
  • Taste of Lebanon — 6780 miramar rd, san diego, ca 92121
  • Urban Solace Catering — 6355 Marindustry Dr Suite B, San Diego, CA 92121

FAQs

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
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