Petaluma Warehouse For
2220 Pine View Way Petaluma, CA 94952
For Sale
Contact for pricing
Pending
25,795 square foot warehouse property available for purchase.
Property Size25,795 SF
Days on Market1317
Property Features for 2220 Pine View Way
General Information
- Standard status
- Pending
- Size
- 25,795 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1988
Listing Agency:
Cushman & Wakefield - Larkspur, California
(415) 451-2434
Listed By:
Trevor Buck · License #CA 01255462
Source:
Crexi
Added: Dec 16, 2022
Changed: Jul 6
Last Checked: Jul 23 at 12:59PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- For sale
- Year Built: 1988
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
NOI $461,969 @ 7.0% cap · market cap 7.79%
Second Best
Industrial
$5.43M
$4.76M – $6.34M
NOI $380,445 @ 7.0% cap · market cap 6.41%
Theoretical Best
Specialty Retail
$6.99M
$6.12M – $8.15M
NOI $489,290 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- North American Van Lines — 2214 S McDowell Blvd Ext Suite 100, Petaluma, CA 94954
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
