For Sale
$1,350,000

6517 Commerce WayDiamond Springs, CA 95619

11,700 SF Office/Warehouse, 6.7% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • $1,350,000 asking price.
  • Two freestanding industrial buildings totaling 11,700 square feet (Building A: 4,200 SF, Building B: 7,500 SF). Ideal for investors seeking a low-maintenance, fully occupied asset.
  • Convenient location near Missouri Flat Road and Pleasant Valley Road.
  • APN 329-342-003-000, zoned IL (Industrial Light).
  • 96% leased investment opportunity.
  • 6.7% CAP rate, $115.38 per square foot.

Property Details for 6517 Commerce Way

Property type
Warehouses, Office properties
Square Feet
11,700 SF
Year Built
1986
Buildings
2
Stories
1
Lot Size (sq. ft)
51,401 SF

Location Insight

City
Diamond Springs
County
El Dorado
State
California
Latitude
38.693956
Longitude
-120.8295114
6517 Commerce Way, Diamond Springs, California

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6517 Commerce Way
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