20837 Mechanical Dr Sonora, CA 95370
This exceptional Sonora, CA investment opportunity presents a fully occupied, multi-tenant industrial portfolio generating substantial income. The property comprises four buildings totaling 19,000 square feet, divided into eight individual units, situated on a 2.3-acre lot (2.08 acres zoned M-1, plus an additional 0.25 acres zoned BP for access). The property boasts 100% occupancy with nine tenants, producing a strong net operating income (NOI) of $76,000 and a 5.00% cap rate. The asking price is $1,520,000, translating to $80 per square foot. The property features M-1 light industrial zoning, allowing for diverse uses. Utilities include TUD water and sewer, and PG&E electric with 3-phase power. The property benefits from an equipment yard, providing additional leasing flexibility. This presents a compelling opportunity for investors seeking immediate cash flow and potential for future appreciation, given current rents are below market average at $0.43 per square foot. The property's location is 20837 Mechanical Dr, Sonora, CA 95370 (APN: 089-040-015 & 089-050-016). This is a modified lease arrangement.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Sonora, CASonora. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.