Warehouse Buildings with High
For Sale
$4,100,000
928 Huston Street, Grover Beach, CA 93433
Two recently completed metal structures offer divisible space and substantial electrical service.
Property Size17,985 SF
Price / SF$227.97
Days on Market515
Property Features for 928 Huston Street
General Information
Standard status
Active
Size
17,985 SF
Property subtype
Industrial
Warehouse & Industrial
Warehouse Space
34,995 SF
Heavy Power
Yes
Additional Details
Asking Price
$4,100,000
Property Use
Warehouse
Building Details
Building Size
17,985 SF
Year Built
2025
Buildings
2
Construction
metal
Listing Agency:
Colliers Tingey International Inc.
Listed By:
Preston Thomas · License #01378821
(805) 544-3900
Source:
Stableproperties
Added: Jun 5, 2025
Changed: Oct 31
Last Checked: Oct 31 at 2:21PM
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 Tingey International Inc.
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Investment Insights
Based on property information with market context.
Completed in 2025, the property comprises two metal warehouse buildings with flexible layouts that can be divided. Building areas are 16,970 SF and 17,985 SF. Ceiling heights reach 28 feet, and each building has 15-foot roll-up doors and 3 megawatts of power. Additional electrical capacity may be possible across the project, with 9–10 megawatts noted as a potential total.
The property is at 928 Huston Street in Grover Beach, California. The buildings are described for manufacturing, distribution, and storage uses.
The property is at 928 Huston Street in Grover Beach, California. The buildings are described for manufacturing, distribution, and storage uses.
Key Highlights
- Two warehouse buildings completed in 2025
- Building areas of 16,970 SF and 17,985 SF
- Ceilings reach 28 feet; roll‑up doors are 15 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,002
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,080,040
$4.1M
Cap Rate 7%
$2,914,314
$2.9M
Cap Rate 9%
$2,266,689
$2.3M
Market Conditions
NOI Build-Up for 17,985 SF
Gross rent
$248.2K $13.80/SF
− Vacancy
−$8.2K −$0.46/SF
EGI
$240.0K $13.34/SF
− OpEx
−$36.0K −$2.00/SF
NOI
$204.0K $11.34/SF
Area
San Luis Obispo County, CA
Vacancy
3.30%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,080,040
Cap Rate 7%
$2,914,314
Cap Rate 9%
$2,266,689
Alternative Uses
Best Use
Warehouse
$2.91M
$2.55M – $3.40M
NOI $204,002 @ 7.0% cap · market cap 4.98%
Second Best
Industrial
$2.61M
$2.28M – $3.04M
NOI $182,611 @ 7.0% cap · market cap 4.45%
Theoretical Best
Healthcare Medical
$7.07M
$6.19M – $8.25M
NOI $495,126 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 93433, CA
12,643
Population
5,757
Households
2.2
Avg Household Size
42
Median Age
27%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
5,747
Density / Sq Mi
$82,534
Median Household Income
$39,412
Median Earnings
$1,921
Median Rent
$691,900
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
- Mr Storage Oceano — 1530 Railroad St, Oceano, CA 93445
- Five Cities Storage Inc — 1425 S 4th St, Oceano, CA 93445
- King's Mini Storage — 1399 S 4th St, Oceano, CA 93445
- 4th Street Mini Storage — 1451 S 4th St, Oceano, CA 93445
- Fort Locks Self Storage — 1088 Huston St, Grover Beach, CA 93433
Frequently Asked Questions
What type of property is this?
Warehouse - Two recently completed metal structures offer divisible space and substantial electrical service.
Where is this warehouse located?
The property is located at 928 Huston Street Grover Beach, CA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Two warehouse buildings completed in 2025; Building areas of 16,970 SF and 17,985 SF; Ceilings reach 28 feet; roll‑up doors are 15 feet
