Small Warehouse Near Oakland
For Sale
$375,000
Pending
81st #24 #24, Oakland, CA 94621
Small warehouse with roll-up door, convenient Oakland location.
Property Size1,056 SF
Days on Market469
Property Features for 81st #24 #24
General Information
Standard status
Pending
Size
1,056 SF
Property subtype
Commercial
Building Details
Year Built
2006
Listing Agency:
ANNE BRUFF & ASSOCIATES
(510) 594-7455
Listed By:
ANNE BRUFF · License #00517413
Source:
Corcoran
Added: Apr 22, 2025
Changed: Jul 10
Last Checked: Jul 23 at 8:41AM
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 ANNE BRUFF & ASSOCIATES
Investment Insights
Based on property information with market context.
This is a small warehouse property featuring a roll-up door and one dedicated parking space. The property is secured with a gated entrance. Its location offers convenient access to Oakland Airport, BART, Downtown Oakland, and the 880 freeway. The unit, with a size of 1056 square feet, is currently owner-occupied and will be delivered vacant.
Key Highlights
- Convenient location: Close to Oakland Airport, BART, Downtown Oakland, and 880.
- Delivered vacant: Ready for immediate occupancy or use.
- Secured property: Gated entrance provides added security.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.1k | $19.08 |
| − Vacancy | −$1.7k | −$1.60 |
| EGI | $18.5k | $17.48 |
| − OpEx | −$2.8k | −$2.62 |
| NOI | $15.7k | $14.86 |
1,056 SF · lease $19.08/SF/yr · vacancy 8.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$224.1K
$196.1K – $261.5K
NOI $15,688 @ 7.0% cap · market cap 4.18%
Second Best
Industrial
$184.6K
$161.5K – $215.3K
NOI $12,919 @ 7.0% cap · market cap 3.45%
Theoretical Best
Multifamily LT 5
$345.7K
$302.5K – $403.4K
NOI $24,201 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94621, CA
35,816
Population
11,078
Households
3.2
Avg Household Size
32
Median Age
13%
College-Educated
67%
High-School Grad
8.5 sq mi
ZIP Area
4,214
Density / Sq Mi
$53,106
Median Household Income
$35,199
Median Earnings
$1,527
Median Rent
$537,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Small warehouse with roll-up door, convenient Oakland location.
Where is this warehouse located?
The property is located at 81st #24 #24 Oakland, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Convenient location: Close to Oakland Airport, BART, Downtown Oakland, and 880.; Delivered vacant: Ready for immediate occupancy or use.; Secured property: Gated entrance provides added security.
