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    Petaluma Warehouse For Sale Title is generated by Realmo AI

    2220 Pine View Way, Petaluma, CA 94952

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    25,795 square foot warehouse property available for purchase.

    Type:Industrial
    Property size:
    25,795 SF
    Price / SF:
    $230/SF
    Added:
    Dec 16, 2022
    Days on Market:
    1300
    Last Refresh:
    Jul 2 at 6:48 am

    Property Features for 2220 Pine View Way

    General Information

    Standard status
    Active
    Size
    25,795 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1988

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    Trevor Buck
    Trevor Buck

    Listing office Cushman & Wakefield - Larkspur, California

    Listing date Dec 16, 2022

    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 Cushman & Wakefield - Larkspur, California

    HighLights

    • For sale
    • Year Built: 1988

    Overview

    This commercial real estate property, categorized as a warehouse and industrial property, is available for sale. The property offers a total size of 25,795 square feet.

    Local 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 $585.0k $22.68
    − Vacancy −$41.5k −$1.61
    EGI $543.5k $21.07
    − OpEx −$81.5k −$3.16
    NOI $462.0k $17.91
    25,795 SF · lease $22.68/SF/yr · vacancy 7.10% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $6.60M
    $5.77M – $7.70M (±1% cap)
    NOI $461,969 @ 7.0% cap · market cap 7.79%
    Second Best
    Industrial
    $5.43M
    $4.76M – $6.34M (±1% cap)
    NOI $380,445 @ 7.0% cap · market cap 6.41%
    Theoretical Best
    Specialty Retail
    $6.99M
    $6.12M – $8.15M (±1% cap)
    NOI $489,290 @ 7.0% cap · market cap 8.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Building Supply Auto Parts Store HVAC Service Pharmacy Parking Lot & Garage Dental Office Storage Facility

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

    Similar Places Nearby

    • North American Van Lines — 2214 S McDowell Blvd Ext Suite 100, Petaluma, CA 94954

    Location Insight

    • Map
    • Local Demand
    City
    Petaluma
    County
    Sonoma
    State
    California
    Longitude
    -122.5865056
    Latitude
    38.2289914

    FAQs

    What type of property is this?
    Warehouse - 25,795 square foot warehouse property available for purchase.
    Where is this warehouse located?
    The property is located at 2220 Pine View Way Petaluma, CA.
    What is the asking price?
    The asking price for this property is $5,932,850.
    What are key features of this property?
    This property features: For sale; Year Built: 1988
    (415) 451-2434 Call to check price and availability
    More about this property
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