9150 Olive Dr Spring Valley, CA 91977-2303
- Warehouses
- 11,788 SF
- 1.24 lot acres
Current Use by Public Records
- Cg Glazing, Inc. / Auto Glass Shop / Glass Shop
Property Details for 9150 Olive Dr
- Year built
- 1982
- Lot size
- 1.24 lot acres
- Property size
- 11,788 SF
- Zone code
- INDUSTRIAL (M ZONE)
- Property type
- Warehouses
- APN
- 504-021-19-00
- APU
- 5040211900
Description
This exceptional investment opportunity presents a 15,650-square-foot multi-tenant manufacturing facility ideally situated in Spring Valley, California. The property, encompassing two buildings on a 1.24-acre lot, boasts a desirable M54 zoning designation, opening doors to a diverse range of industrial uses. Currently operating at 100% occupancy with five tenants under month-to-month leases, this asset offers immediate cash flow potential for an owner-user. The buildings feature a combined 15,650 square feet of net rentable space, with ceiling heights ranging from 14 to 16 feet. Nine loading docks facilitate efficient operations. The asking price is $4,250,000, translating to $271.57 per square foot. The property's strategic location in Spring Valley, coupled with its versatile zoning and strong tenancy, makes it an attractive proposition for both investors and owner-occupiers seeking a stable and income-generating asset. The property is expected to be fully occupied until November 1, 2024. This is a rare opportunity to acquire a well-positioned industrial property with significant upside potential in a thriving market. The property's APN is 504-021-19. This is a single-story facility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spring Valley
- County
- San Diego
- State
- California
- Longitude
- -117.001
- Latitude
- 32.7429
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
