Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    960 Rancheros Dr San Marcos, CA 92069
    Back to Search
    Property profile & analytics

    960 Rancheros Dr, San Marcos, CA 92069

    View on Map
    • Manufacturing properties
    • 48,064 SF
    • 3.15 lot acres
    For Lease
    $8,035,000
    View Listing →
    Renovated Flex Space Available For Lease
    $8,035,000
    3,440 SF

    Renovated Flex Space Available

    Mix of office, showroom, and industrial spaces for lease.

    960 Rancheros Drive |, San Marcos, CA 92069
    View Listing
    Property ID
    US09-9729961
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Red Tail Catering / Take-out & Catering / Catering Service
    • Columbia Stone Products / (Bike/Boat/Book/etc) Store / Building Supply
    • Marcus Papay Design / Production Facility / Furniture & Home Goods
    • Door Dorks / Building Supply / General Contractor
    • McNulty Glass / Hardware & Home Improvement / Home Decor Store

    Property Details for 960 Rancheros Dr

    Year built
    1983
    Lot size
    3.15 lot acres
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Manufacturing properties
    APN
    226-692-03-00
    APU
    2266920300

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,165,000
      6.5%
      $8,460,000
      7%
      $7,855,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,677,000
      Market price range: $6.36M - $13.8M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $9,490,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.134
    Latitude
    33.1375
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $67,791
    $3,240,278
    $2,886,794
    $6,127,072
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,770,000
      9,999 SF

      870 Los Vallecitos Blvd

      MANUFACTURING (LIGHT)
      870 Los Vallecitos Blvd, San Marcos, CA 92069-1432
      View Details
    • Value Estimation by Request
      2,801 SF

      915 Bailey Ct

      MANUFACTURING (LIGHT)
      915 Bailey Ct, San Marcos, CA 92069-1417
      View Details
    • Value Estimation by Request
      0.48 Acres

      605 Msn Rd

      MANUFACTURING (LIGHT)
      605 Msn Rd, San Marcos, CA 92069-1901
      View Details
    • Value Estimation
      $3,075,000
      30,132 SF

      2910 Norman Strasse Rd, Unit 20

      MANUFACTURING (LIGHT)
      2910 Norman Strasse Rd, San Marcos, CA 92069-5934
      View Details
    • Value Estimation
      $4,035,000
      22,211 SF

      674 Rancheros Dr

      MANUFACTURING (LIGHT)
      674 Rancheros Dr, San Marcos, CA 92069-3005
      View Details
    • Value Estimation
      $2,200,000
      7,683 SF

      870 Rancheros Dr

      MANUFACTURING (LIGHT)
      870 Rancheros Dr, San Marcos, CA 92069-7034
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,683 SF

      San Marcos Industrial Property Available

      Industrial property in San Marcos, part of the Innovate78 Corridor.
      870 Rancheros Dr, San Marcos, CA 92069
      View Details
    • Contact for pricing
      34,373 SF

      San Marcos Industrial and Office Project

      Fully leased industrial and office project in San Marcos, California.
      737 Windy Point Dr, San Marcos, CA 92069
      View Details
    • Contact for pricing
      14,976 SF

      San Marcos Freestanding Industrial Building

      Freestanding industrial building in San Marcos Business Park.
      1377 Armorlite Dr, San Marcos, CA 92069
      View Details
    • Contact for pricing

      Highway Frontage Light Industrial Condo

      1,600 SF light industrial condo with highway visibility.
      C1-120 N Pacific St, San Marcos, CA 92069
      View Details
    • Contact for pricing
      44,052 SF

      Industrial Warehouse with Freeway Access

      Industrial warehouse in San Marcos with convenient freeway access.
      1152 Armorlite Dr, San Marcos, CA 92069
      View Details
    • Contact for pricing
      17,280 SF

      Freestanding Industrial Building in San Marcos

      San Marcos industrial building with occupancy available January 1, 2026.
      1370 Armorlite Dr, San Marcos, CA 92069
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      San Marcos Industrial Property Available

      Industrial property available for rent in San Marcos, California.
      975 Rancheros Dr, San Marcos, CA 92069
      View Details
    • Contact for pricing
      1,176 SF

      San Marcos Industrial Manufacturing Building

      Industrial manufacturing building with highway access and grade level doors.
      175 Bosstick Blvd, San Marcos, CA 92069
      View Details
    • Contact for pricing
      3,108 SF

      Flex R&D Space Available

      Flex R&D space available for lease in San Marcos.
      2890-2892 S Santa Fe Rd, San Marcos, CA 92069
      View Details
    • Contact for pricing
      94,172 SF

      San Marcos Warehouse with Creative Office

      94,172 SF warehouse with creative office space for lease.
      2946 Norman Strasse Rd, San Marcos, CA 92069
      View Details
    • Contact for pricing
      47,996 SF

      San Marcos Warehouse Space Available

      47,966 square foot warehouse in San Marcos for lease.
      664 N Twin Oaks Valley Rd, San Marcos, CA 92069
      View Details
    • Contact for pricing
      33,967 SF

      San Marcos Industrial Space Available

      Industrial property available for lease in San Marcos, California.
      195 Bosstick Blvd, San Marcos, CA 92069
      View Details

    Property Visit Statistics

    • Visits by month
      336
    • Visitors by month
      300
    • Avg Time on site
      21 min
    View Listing
    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.
    960 Rancheros Dr
    San Marcos, CA 92069
    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
    960 Rancheros Dr, San Marcos, CA, 92069
    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!