Industrial Flex
9390 Old State Hwy Newcastle, CA 95658
9390 Old State Hwy, Newcastle, CA, 95658
Contact for pricing
For Sale
Contact for pricing
For sale flex-style industrial building with fee simple ownership of improvements and underlying land leased from the railroad.
Property Size6,000 SF
Price / SF$115.83
Days on Market73
Property Features for 9390 Old State Hwy
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- FLEX_R_AND_D
Listing agency
CBRE | Roseville
(916) 781-4868
Listed by
Shana Lennon · License #01446203
(916) 781-4868
Source
Moodyscre
Added: May 11 Updated: Jul 21 at 4:58AM Checked: Jul 21 at 4:58AM
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 CBRE | Roseville
Investment Insights
Based on property information with market context.
Offered for sale is a flex-style industrial building of approximately 6,000 square feet. The sale includes fee simple ownership of the building improvements, with the ownership interest covering the structure itself.
The underlying land is owned by the railroad and leased under an established agreement. The property is located at 9390 Old State Hwy in Newcastle, California.
The offering is structured as a building-inclusive sale with the improvements included in ownership. Reported annual NOI is $38,692.72, and the asking price is $695,000.
The underlying land is owned by the railroad and leased under an established agreement. The property is located at 9390 Old State Hwy in Newcastle, California.
The offering is structured as a building-inclusive sale with the improvements included in ownership. Reported annual NOI is $38,692.72, and the asking price is $695,000.
Key Highlights
- $695,000 asking price
- ±6,000 SF flex‑style industrial building
- NOI of $38,692.72
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 | $57.6k | $9.60 |
| − Vacancy | −$3.5k | −$0.58 |
| EGI | $54.1k | $9.02 |
| − OpEx | −$19.0k | −$3.16 |
| NOI | $35.2k | $5.87 |
6,000 SF · lease $9.60/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Industrial
$1.06M
$923.6K – $1.23M
NOI $73,890 @ 7.0% cap · market cap 10.63%
Second Best
Flex RnD
$502.8K
$439.9K – $586.6K
NOI $35,194 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,594 @ 7.0% cap · market cap 23.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
C & C Marine
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - For sale flex-style industrial building with fee simple ownership of improvements and underlying land leased from the railroad.
Where is this flex space located?
The property is located at 9390 Old State Hwy Newcastle, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: $695,000 asking price; ±6,000 SF flex‑style industrial building; NOI of $38,692.72
