Alameda Office Building For
For Sale
$2,580,988
1000 Central Ave, Alameda, CA 94501
Office building with 5101 square feet of space.
Property Size5,101 SF
Price / SF$505.98
Days on Market303
Property Features for 1000 Central Ave
General Information
Standard status
Active
Size
5,101 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Gold Coast
Building Details
Year Built
1936
Listing Agency:
Cerda-Zein Real Estate
(510) 523-5673
Listed By:
Khalila Wolfe · License #02010129
(415) 793-3131
Source:
Exitrealty
Added: Dec 25, 2025
Changed: Oct 15
Last Checked: Oct 14 at 10:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cerda-Zein Real Estate
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Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a total area of 5101 square feet. Located in Alameda, California, this property presents a potential opportunity for various business uses.
Key Highlights
- 5101 square feet of office space.
- Office building.
- Built in 1936.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,087
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,061,740
$2.1M
Cap Rate 7%
$1,472,671
$1.5M
Cap Rate 9%
$1,145,411
$1.1M
Market Conditions
NOI Build-Up for 5,101 SF
Gross rent
$184.2K $36.12/SF
− Vacancy
−$46.8K −$9.17/SF
EGI
$137.4K $26.95/SF
− OpEx
−$34.4K −$6.74/SF
NOI
$103.1K $20.21/SF
Area
Alameda County, CA
Vacancy
25.40%
Lease Rate
$36.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,061,740
Cap Rate 7%
$1,472,671
Cap Rate 9%
$1,145,411
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.72M
NOI $103,087 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$23.26M
$20.35M – $27.13M
NOI $1,627,864 @ 7.0% cap · market cap 63.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
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Business Placement
Demographics for 94501, CA
64,116
Population
27,117
Households
2.4
Avg Household Size
41
Median Age
58%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
8,015
Density / Sq Mi
$119,500
Median Household Income
$75,514
Median Earnings
$2,362
Median Rent
$1,213,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office building with 5101 square feet of space.
Where is this office building located?
The property is located at 1000 Central Ave Alameda, CA.
What is the asking price?
The asking price for this property is $2,580,988.
What are key features of this property?
This property features: 5101 square feet of office space.; Office building.; Built in 1936.
