Asking Price
$3.2M
$/SF
$194
ATM premium: 11%
Building
16.5K SF
warehouse
Infra Gap
$385K
8 wks
Composite Score
7.1
7-Dimension Score
Structural (10%)7.5
MEP (20%)4.2
Micro-Location (15%)8.1
Environmental (10%)6.0
Financial (15%)7.8
Infrastructure (15%)5.5
Demand (15%)9.2
Property Details
Type:warehouse
Current Use:Auto repair (vacant)
Built:1978
Lot:22,000 SF
Zoning:C2-1Kitchen by-right
Seller:estate
Source:broker referral
Broker:James Liu (CBRE)
On Market:45d
Competing:2 offers
PM:Sarah Chen
Financial Summary
Total Investment
$5.3M
Renovation
$2.1M
Projected NOI
$680K/yr
Cap Rate
12.8%
Payback: 7.8 yrsInfra Gap: $385K / 8 wks
Assessment Timeline
1
Identified
Apr 1, 2024
2
Site Walk
Apr 3, 2024
3
Infrastructure Check
4
ROM Estimate
5
Recommendation