Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Warehouse Flex Space For Lease Title is generated by Realmo AI

    2103 Wisteria Ln, Paso Robles, CA 93446

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Newer warehouse flex space in popular business park.

    Type:Industrial
    Added:
    Nov 13, 2024
    Days on Market:
    567
    Last Refresh:
    May 12 at 9:11 pm

    Property Features for 2103 Wisteria Ln

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Spaces For Lease

    at 2103 Wisteria Ln Contact us

    2103 Wisteria Lane $0.98/Mo

    Size
    2,960 SF
    Type
    Industrial
    High exposure corner. Newer warehouse flex space in a popular business park near...
    show more
    Contact us

    We can help!

    Listing Contact
    Preston Thomas
    Preston Thomas

    Listing agent Preston Thomas License #CA 01378821

    Listing office Colliers - San Luis Obispo, California

    Listing date Nov 13, 2024

    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 Colliers - San Luis Obispo, California

    HighLights

    • High exposure corner location in a popular business park.
    • Newer warehouse flex space suitable for various uses. Consider wine storage, light manufacturing, or a showroom.
    • 20’ ceilings and 12’ X 12’ roll‑up doors.
    • Industrial vanilla shell form with ADA restroom, 3 phase electrical, and gas ceiling heater.
    • Located near Golden Hill/Highway 46 intersection.
    • Located in the same development as Justin Vineyard, IQMS and San Antonio Winery.

    Overview

    This newer warehouse flex space is located on a high exposure corner within a popular business park near the Golden Hill/Highway 46 intersection. The building features 20’ ceilings, 12’ X 12’ roll-up doors, and storefronts. Constructed with block, the space will be delivered in industrial vanilla shell form. It includes an ADA restroom, 3-phase electrical lighting and outlets, and a gas ceiling heater. The property is suitable for various uses such as wine storage, light manufacturing, or showroom purposes. It is situated in the same development as Justin Vineyard, IQMS, and San Antonio Winery.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Paso Robles
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6564172
    Latitude
    35.6504853

    Nearby Similar for Lease

    • Contact for pricing
      4,928 SF

      Modern Industrial Suites Near Highways

      Versatile industrial suites near Highways 101 & 46 for rent.
      2758 Danley Ct, El Paso de Robles (Paso Robles), CA 93446
      View Details
    • $0.70 SF/Yr
      2,520 SF

      Paso Robles Retail Space Available

      Retail space in a large shopping center on Highway 101.
      2051 Theatre Dr, Paso Robles, CA
      View Details
    • $0.70 SF/Yr
      5,979 SF

      Paso Robles Retail Space

      Retail space in a 297,991 square foot shopping center.
      2001 Theatre Dr, Paso Robles, CA
      View Details
    • $15 SF/Yr
      4,968 SF

      Industrial Single Tenant Space

      Industrial space available for rent, 4,968 SqFt.
      3563 Combine Street, Paso Robles, CA
      View Details
    • Contact for pricing
      3,300 SF

      Updated Commercial Space with Patio

      Updated commercial space with patio in high-traffic location.
      9-1902 Creston Rd, Paso Robles, CA
      View Details
    • $1.25 SF/Yr
      40,156 SF

      Temperature Controlled Warehouse For Sublease

      40,156 SF insulated warehouse with loading docks and office.
      4309 Second Wind Way, Paso Robles, CA
      View Details
    • Contact for pricing
      3,790 SF

      Paso Robles Industrial Warehouse

      Versatile 3,790 SF warehouse space in Paso Robles industrial corridor.
      2758 Danley Ct B, El Paso de Robles (Paso Robles), CA 93446
      View Details
    • $1.49 SF/Yr

      Renovated Flex/Industrial Property For Rent

      Renovated flex/industrial space with Highway 101 access.
      1101 Paso Robles St, Paso Robles, CA 93446
      View Details
    • Contact for pricing
      1,023 SF

      Industrial Warehouse with Office Space

      Industrial warehouse with office space available for lease.
      C-708 Paso Robles St, Paso Robles, CA
      View Details
    • Contact for pricing
      25,000 SF

      Retail Space in Paso Robles

      Retail space available in a shopping center with anchor tenants.
      2421-2445 Golden Hill Rd, Paso Robles, CA
      View Details
    • Contact for pricing
      3,317 SF

      Retail Space in Paso Robles

      Retail space available in shopping center with anchor tenants.
      2425 Golden Hill Rd, Paso Robles, CA
      View Details
    • Contact for pricing
      1,440 SF

      Retail Space in Paso Robles

      Retail space available within a shopping center anchored by Lowe’s.
      2421 Golden Hill Rd, Paso Robles, CA
      View Details

    FAQs

    What type of property is this?
    Flex space - Newer warehouse flex space in popular business park.
    Where is this flex space located?
    The property is located at 2103 Wisteria Ln Paso Robles, CA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: High exposure corner location in a popular business park.; Newer warehouse flex space suitable for various uses. Consider wine storage, light manufacturing, or a showroom.; 20’ ceilings and 12’ X 12’ roll‑up doors.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Preston Thomas
    Preston Thomas
    Real Estate License ID: CA 01378821
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2103 Wisteria Ln, Paso Robles, CA 93446
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!