1222 Research Park DrDavis, CA 95618

  • Industrial properties
  • 20,641 SF
For Lease
$12/SF/YR View listing

Property Details for 1222 Research Park Dr

Year built
1982
Construction
TILT-UP CONCRETE
Lot size
4.36 AC
Property size (Sq ft)
20,641 SF
Zone code
P-D
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
069-060-015-000
APU
69060015000

Description

This exceptional 34,500-square-foot single-tenant warehouse, situated on a generous 4.36-acre lot in Yolo County, presents a unique opportunity. Currently available for lease for a two-to-four-year term, this property also offers significant redevelopment potential. The existing building boasts a flexible layout, including private offices, spacious open work areas, conference rooms, a machine shop, and dedicated flex/tech space. The 20-foot ceiling height adds to its versatility. The property features 33 total parking spaces, two drive-in bays, and is conveniently located near UC Davis' main campus. The site benefits from internet/fiber access, clear monument markings, secure perimeter fencing, and gated parking lot entry. The ample yard space, combined with its P-D zoning, makes it highly suitable for multi-family or other value-added redevelopment projects. Built in 1981, this one-story building is ready for immediate occupancy or future development plans. The current owner has vacated the premises in preparation for redevelopment, making this a short-term lease or long-term investment opportunity. This is a rare chance to acquire a substantial property in a prime location with multiple options for use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,257,929
    Hospitality
    $3,900,240
    Educational
    $3,244,954
    Medical
    $3,356,553
    Retail
    $5,047,706
1222 Research Park Dr, Davis, California

Location Insight

City
Davis
County
Yolo
State
California
Latitude
38.5377
Longitude
-121.734
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, 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
2023
$27,712
$1,276,642
$696,348
$1,972,990
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