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517 Jacoby St 22,096 SF 100% Leased Industrial Building San Rafael, CA 94901 $6,500,000 ($294.17/SF)
INVESTMENT HIGHLIGHTS
- 517 Jacoby Street offers a highly desirable, small bay industrial building.
- Well parked.
- Well-located industrial building.
- Recent capital improvements.
- Fully leased to long term tenants on month to month leases.
EXECUTIVE SUMMARY
517 Jacoby Street offers a highly desirable, small bay industrial building with ten ±1,800 square foot bays. Each bay has a 10’ roll up door with approximately 18’ clear height on the interior of each bay. The building also offers three office suites at the front of the building. The property has been well maintained. Updates include a new roof, electrical panels and a resurfaced parking lot. With approximately 37 parking stalls, the building offers ample parking for all tenants and their clients. The property is currently 100% leased to ten tenants of varying uses – from automotive to a printing company. Most tenants have been tenants at the building for years and are on month-to-month or short-term leases giving the buyer ultimate flexibility. Located approximately 0.5 miles from both Highway 101 and Interstate 580 allows for quick and easy access to San Francisco, northern Marin, Sonoma County and the East Bay. The property is also a short walk or drive to Marin Square and several other amenities like Michael’s Sourdough and BlueWave Express Car Wash.
PROPERTY FACTS
| Price | $6,500,000 | Rentable Building Area | 22,096 SF |
| Price Per SF | $294.17 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1971 |
| Property Type | Industrial | Parking Ratio | 1.67/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 0.98 AC | ||
| Zoning | I - Industrial | ||
| Price | $6,500,000 |
| Price Per SF | $294.17 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.98 AC |
| Rentable Building Area | 22,096 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Parking Ratio | 1.67/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | I - Industrial |
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PROPERTY TAXES
| Parcel Number | 018-143-08 | Improvements Assessment | $1,947,684 |
| Land Assessment | $1,337,545 | Total Assessment | $3,285,229 |
PROPERTY TAXES
Parcel Number
018-143-08
Land Assessment
$1,337,545
Improvements Assessment
$1,947,684
Total Assessment
$3,285,229
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517 Jacoby St
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