For Sale
$4,250,000

9150 Olive DrSpring Valley, CA 91977

15,650 SF Multi-Tenant Manufacturing Facility

Overview

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

Highlights

  • Prime Spring Valley location with flexible M54 County Zoning, ideal for owner-occupiers.
  • 15,650+/- SF building on a 1.24-acre lot, comprised of two parcels.
  • Five month-to-month tenants provide immediate potential rental income.

Property Details for 9150 Olive Dr

Property type
Industrial properties, Manufacturing properties
Square Feet
15,650 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
54,014 SF

Location Insight

City
Spring Valley
County
San Diego
State
California
Latitude
32.7426969
Longitude
-117.001315
9150 Olive Dr, Spring Valley, California

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9150 Olive Dr
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