Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Space with Flexible Zoning Title is generated by Realmo AI

    968 E Rancheros Dr, San Marcos, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Renovated industrial space with office, showroom, and freeway access.

    Type:INDUSTRIAL
    Property size:
    993 SF
    Lot size:
    3.14 Acres
    Added:
    Jun 9, 2025
    Days on Market:
    344
    Last Refresh:
    Apr 5 at 9:04 pm

    Property Features for 968 E Rancheros Dr

    General Information

    Standard status
    Active
    Size
    993 SF
    Lot size
    3.14 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 968 E Rancheros Dr Contact us

    We can help!

    Listing Contact
    Trent France
    Trent France

    Listing agent Trent France License #02105771

    Listing office Lee & Associates | North San Diego County

    Listing date Jun 9, 2025

    Source Moodyscre

    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 Lee & Associates | North San Diego County

    HighLights

    • Quick freeway access to 78
    • Flexible suite sizes with functional layouts
    • Ample parking & flexible zoning
    • Extensive renovation underway (New roof, paint, etc.)
    • Mix of office, showroom & industrial space available
    • Strong local employment base & demographics

    Overview

    Under new ownership, this industrial property is undergoing extensive renovations, including a new roof and paint. The property offers a mix of office, showroom, and industrial space. Flexible suite sizes are available with functional layouts. Ample parking is provided, and the zoning is flexible. The location offers quick freeway access to 78. The property benefits from a strong local employment base and favorable demographics. The property has a size of 993 square feet.
    Location Intelligence

    Current Use by Public Records

    Copy Quick Digital ... Computer & Electronic Repair Quantum Mechanics Auto ... Auto Repair Shop Erin Leigh Wedding Service Ricoh Copiers San ... Computer & Electronic Repair Secure Roofing and Solar Roofing Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.139
    Latitude
    33.1387

    Nearby Similar for Lease

    • $0.11 SF/Yr
      9,751 SF

      San Marcos Industrial Space Available

      Industrial property in San Marcos with flexible zoning and quick freeway access.
      960-974 Rancheros Drive, San Marcos, CA 92069
      View Details
    • $1.45 SF/Yr
      82,436 SF

      Grocery Anchored Retail Space Available

      Retail spaces available within a Stater Brothers anchored shopping center.
      1230-1350 E Mission Rd | San Marcos, CA 92069, CA 92069
      View Details
    • $2.00 SF/Yr
      13,150 SF

      Retail/Office Space Near Cal State

      Office or retail space with street visibility and ample parking.
      1284-1292 W San Marcos Blvd, San Marcos, CA 92078
      View Details
    • $2 SF/Yr
      10,705 SF

      San Marcos Office Space Available

      Office building in San Marcos, CA, offering 10705 square feet.
      751 Rancheros Dr, San Marcos, CA, 92069
      View Details
    • $1.35 SF/Yr
      9,720 SF

      San Marcos Industrial Building For Lease

      9,720 SF industrial building near Cal State San Marcos.
      295 Trade St | San Marcos, CA 92078, CA 92078
      View Details
    • $1.70 SF/Yr
      23,440 SF

      San Marcos Industrial Space Available

      1,260 SF industrial space with excellent highway access and visibility.
      1232 Los Vallecitos Blvd | San Marcos, CA 92069, CA 92069
      View Details
    • $1.65 SF/Yr
      18,624 SF

      San Marcos Industrial Business Park

      Multi-tenant industrial park with excellent highway access and ample parking.
      1219-1295 Linda Vista Dr & 401-423 Las Posas Rd | San Marcos, CA 92078, CA 92078
      View Details
    • $3,500/Mo
      1,481 SF

      Upgraded Townhome in San Elijo

      Three-story townhome with flexible space and hillside views for rent.
      1372 Dandelion, San Marcos, CA 92078
      View Details
    • $1.75 SF/Yr
      3,600 SF

      San Marcos Flex/Industrial Space

      3,600 SF flex/industrial space available for lease.
      1790 La Costa Meadows Dr, San Marcos, CA
      View Details
    • $28,000 SF/Yr
      169,000 SF

      Hydroponic Greenhouse Facility for Rent

      State-of-the-art greenhouse with processing and storage areas available for rent.
      2075 N Twin Oaks Valley Rd, San Marcos, CA 92069
      View Details
    • Contact for pricing
      1,575 SF

      San Marcos Office Space Available

      Office and coworking spaces for rent in San Marcos.
      1782, 1786, 1790 La Costa Meadows Dr, San Marcos, CA 92078
      View Details
    • $1.80 SF/Yr
      158,923 SF

      San Marcos Industrial/Flex Submarket Location

      Located in a highly sought after industrial/flex submarket.
      1611-1665 Rancho Santa Fe Road | San Marcos, CA 92078, CA 92078
      View Details

    FAQs

    What type of property is this?
    Industrial property - Renovated industrial space with office, showroom, and freeway access.
    Where is this industrial property located?
    The property is located at 968 E Rancheros Dr San Marcos, CA.
    What is the lease rate?
    The lease rate is $1.35 SF/Yr.
    What are key features of this property?
    This property features: Quick freeway access to 78; Flexible suite sizes with functional layouts; Ample parking & flexible zoning
    (760) 929-9700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Trent France
    Trent France
    Real Estate License ID: 02105771
    Learn More
    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
    968 E Rancheros Dr, San Marcos, CA
    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!