Freestanding Warehouse
For Sale
Contact for pricing
8951 Osage Ave, Sacramento, CA 95828
Four freestanding warehouses feature high-end finishes, fenced and gated access, sprinkler protection, and substantial power service.
Property Size16,000 SF
Price / SF$210
Days on Market82
Property Features for 8951 Osage Ave
General Information
Standard status
Active
Size
16,000 SF
Property subtype
INDUSTRIAL
Lease Type
NNN
Additional Details
Fenced Yard
Yes
Sprinkler System
Yes
Properties For Sale
at 8951 Osage Ave Contact us- Floor
- Bldg
- Size
- 16,000 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
5831 Alder Ave
- Colliers is proud to offer for sale or lease 5801, 5811, 5821, and 5831 Alder avenue,...
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Listing Agency:
Colliers | Sacramento
(916) 929-5999
Listed By:
Nathan Miller · License #02097602
(916) 563-3011
Source:
Moodyscre
Added: Jul 2
Changed: Sep 15
Last Checked: Sep 20 at 8:32AM
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 Colliers | Sacramento
Investment Insights
Based on property information with market context.
This offering includes four freestanding warehouse buildings, each measuring approximately ±16,000 SF. The buildings may be purchased individually or as a portfolio, providing flexibility for buyers evaluating a single facility or multiple-building acquisition. Each building features high-end finishes, fenced and gated access, sprinkler protection, and 1600 amps of power.
The properties are presented for sale or lease, with availability and additional information provided by the brokers. The freestanding configuration and individual building power service support separate consideration of each facility within the offering.
The properties are presented for sale or lease, with availability and additional information provided by the brokers. The freestanding configuration and individual building power service support separate consideration of each facility within the offering.
Key Highlights
- Four freestanding warehouse buildings, each approximately ±16,000 SF
- Buildings may be purchased individually or as a portfolio
- 1600 amps of power for each building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$128,954
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,579,080
$2.6M
Cap Rate 7%
$1,842,200
$1.8M
Cap Rate 9%
$1,432,822
$1.4M
Market Conditions
NOI Build-Up for 16,000 SF
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.
Gross rent
$159.4K $9.96/SF
− Vacancy
−$7.6K −$0.48/SF
EGI
$151.7K $9.48/SF
− OpEx
−$22.8K −$1.42/SF
NOI
$129.0K $8.06/SF
Area
ZIP 95828
Vacancy
4.80%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,579,080
Cap Rate 7%
$1,842,200
Cap Rate 9%
$1,432,822
Alternative Uses
Best Use
Warehouse
$1.84M
$1.61M – $2.15M
NOI $128,954 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.26M
$3.73M – $4.97M
NOI $298,373 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95828, CA
63,116
Population
18,603
Households
3.4
Avg Household Size
36
Median Age
17%
College-Educated
77%
High-School Grad
12.4 sq mi
ZIP Area
5,090
Density / Sq Mi
$77,524
Median Household Income
$39,136
Median Earnings
$1,709
Median Rent
$377,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Sacramento, CA
Questions? Ask Rey
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Similar Off Market Nearby
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- Allied Van Lines — 6001 88th St STE 100, Sacramento, CA 95828
- Mullins Self Storage Facility — 5901 88th St #700, Sacramento, CA 95828
- Tiger Self Storage — 8940 Alder Ave, Sacramento, CA 95828
- Tiger Self Storage IV of Sacramento, CA — 8940 Alder Ave, Sacramento, CA 95828
Frequently Asked Questions
What type of property is this?
Warehouse - Four freestanding warehouses feature high-end finishes, fenced and gated access, sprinkler protection, and substantial power service.
Where is this warehouse located?
The property is located at 8951 Osage Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $3,360,000.
What are key features of this property?
This property features: Four freestanding warehouse buildings, each approximately ±16,000 SF; Buildings may be purchased individually or as a portfolio; 1600 amps of power for each building
