Property summary
This exceptional investment opportunity presents a fully occupied, multi-tenant property ideally situated in Diamond Springs, California's Parkwest Business Park. The property comprises two single-story buildings totaling 11,700 square feet, situated on a 1.18-acre lot. Building A offers approximately 4,200 square feet of space, while Building B provides approximately 7,500 square feet. Currently boasting 100% occupancy, this asset offers a compelling 6.7% capitalization rate at an asking price of $1,350,000 ($115.38 per square foot). Constructed in 1986, the buildings are zoned IL (Industrial Light) and benefit from their location near Missouri Flat Road and Pleasant Valley Road. The property's strong historical occupancy and location within a well-established industrial park with historically low vacancy rates make it an attractive investment for buyers seeking a stable, high-performing asset. The Assessor's Parcel Number (APN) is 329-342-003-000. This property is a turnkey solution for investors seeking immediate cash flow and long-term appreciation potential. The property's combination of office and warehouse space caters to a diverse range of potential tenants, ensuring continued strong occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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