Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1345 4Th St Berkeley, CA 94710

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.30 SF/Yr ($537 /Mo)

    4,966 SF warehouse with office space available for lease.

    Property size:
    4,966 SF
    Lot size:
    4,966 SF

    Property Features for 1345 4Th St

    General Information

    Standard status
    Active
    Size
    4,966 SF

    We can help!

    Listing Contact
    Kenneth Morris
    Source: Cbre

    Listing Agent: Kenneth Morris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Berkeley Warehouse with Office Space

    This property offers approximately 4,966 square feet of space, including around 970 square feet of second-floor office area. The property was recently used for food production and includes conditioned food production improvements with drains. It features one drive-in door and four parking stalls. The space will be available starting January 1, 2021, and offers convenient freeway access. The asking rent is $1.30 NNN. Please call for touring appointments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Berkeley Self Storage, Extra Space Storage, A2 Global Shipping, Golden Bear Storage, 888-Storage

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.30318
    Latitude
    37.877931

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Downtown Berkeley

      Meet, work or collaborate in our professional Connecticut Avenue business center
      2001 Addison St, Berkeley, CA 94704
      View Details
    • $4 SF/Yr

      Berkeley Retail/Office Space on Solano

      Prime location on Solano Avenue, ideal for retail or office.
      1752-1760 Solano Ave, Berkeley, CA 94707
      View Details
    • $4 SF/Yr

      Berkeley Retail/Office Space for Lease

      Prime location on Solano Avenue, ideal for retail or office.
      1752-1760 Solano Ave, Berkeley, CA 94707
      View Details
    • Contact for pricing
      7,914 SF

      Berkeley Office Space For Rent

      Six-story office building near UC Berkeley with rooftop deck.
      2120 Berkeley Way, Berkeley, CA 94704
      View Details
    • Contact for pricing
      18,248 SF

      Berkeley Manufacturing Space for Lease

      Plug & play manufacturing space with office in central Berkeley.
      901 Gilman St, Berkeley, CA 94710
      View Details
    • Contact for pricing
      1,553 SF

      Retail Space Near UC Berkeley

      Retail space ideal for fitness or dance studio use.
      2055 Center St, Berkeley, CA 94704
      View Details
    • $4 SF/Yr
      466 SF

      Prime Berkeley Retail/Office Space

      Versatile space suitable for retail, dining, or office use.
      1762 Solano Ave, Berkeley, CA 94706
      View Details
    • Contact for pricing

      Lab/R&D Space for Lease

      Lab/R&D space with convenient access to transportation and amenities.
      Berkeley, CA 94710
      View Details
    • Contact for pricing
      9,850 SF

      Berkeley Flex Space with Labs

      Flex space featuring offices, labs, and warehouse storage.
      2850 7Th St, Berkeley, CA 94710
      View Details
    • Contact for pricing
      81,500 SF

      Berkeley Lab Facility with Parking

      Class A lab and office space in West Berkeley.
      725 Potter St, Berkeley, CA 94710
      View Details
    • Contact for pricing

      Office Space Near I-80 Freeway

      Office space with immediate I-80 access and walkable to shopping.
      2200 4Th St, Berkeley, CA 94710
      View Details

    FAQs

    What type of property is this?
    Warehouse - 4,966 SF warehouse with office space available for lease.
    Where is this warehouse located?
    The property is located at 1345 4Th St Berkeley, CA.
    What is the lease rate?
    The lease rate is $1.30 SF/Yr.
    What are key features of this property?
    This property features: - Recent food production use with conditioned improvements & drains; - **±4,966 SF including ±970 SF 2nd Floor Office**; - Outstanding freeway access
    (510) 874-1983
    Request Owner's contact information
    1345 4Th St Berkeley, CA 94710
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1345 4Th St
    Berkeley, CA 94710
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1345 4Th St Berkeley, CA 94710
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kenneth Morris
    Real Estate License ID: 01312918
    (510) 874-1983
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!