Two-Story Office
For Sale
$2,550,000
1840 4Th St, Livermore, CA 94550
Fully occupied two-story office building with off-street parking, a modern elevator, and 5,512 rentable square feet.
Property Size5,512 SF
Price / SF$462.63
Days on Market84
Property Features for 1840 4Th St
General Information
Standard status
Active
Size
5,512 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Highway Access
Yes
Amenities
off-street parking
elevator
private suite entrances
Building Details
Year Built
2004
Stories
2
Listing Agency:
Weston Properties
(925) 337-3379
Listed By:
Matt Ford · License #01773488
Source:
Elliman
Added: May 12
Changed: Jul 22
Last Checked: Aug 2 at 6:17AM
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 Weston Properties
Investment Insights
Based on property information with market context.
This highly visible, two-story office building offers 5,512 rentable square feet of leasable space and is fully occupied on net leases. The property includes abundant off-street parking, a modern elevator providing second-floor access, and multiple private suite entrances that support tenant continuity.
Located in downtown Livermore, the building is positioned for strong street presence and walkability to retail and dining. Access to I-580 is described as easy, and the provided walk/bike scores indicate a more car-dependent setting with moderate bicycle friendliness.
The property is zoned to allow a wide range of uses, including business, professional, governmental, medical/dental, personal services, and even residential, creating flexibility for changing tenant needs.
Located in downtown Livermore, the building is positioned for strong street presence and walkability to retail and dining. Access to I-580 is described as easy, and the provided walk/bike scores indicate a more car-dependent setting with moderate bicycle friendliness.
The property is zoned to allow a wide range of uses, including business, professional, governmental, medical/dental, personal services, and even residential, creating flexibility for changing tenant needs.
Key Highlights
- Two‑story office building built in 2004 with 5,512 rentable SF of leasable space
- Fully occupied with net leases, providing income supported by current tenant occupancy
- Off‑street parking for tenants and visitors plus a modern elevator for second‑floor access
Financial Insights For Office B
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 | $199.1k | $36.12 |
| − Vacancy | −$50.6k | −$9.17 |
| EGI | $148.5k | $26.95 |
| − OpEx | −$37.1k | −$6.74 |
| NOI | $111.4k | $20.21 |
5,512 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.59M
$1.39M – $1.86M
NOI $111,393 @ 7.0% cap · market cap 4.37%
Second Best
Healthcare Medical
$1.35M
$1.18M – $1.57M
NOI $94,414 @ 7.0% cap · market cap 3.70%
Theoretical Best
Retail
$25.13M
$21.99M – $29.32M
NOI $1,759,025 @ 7.0% cap · market cap 68.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
Explore this area
Business Placement
Demographics for 94550, CA
49,959
Population
18,390
Households
2.7
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
272.0 sq mi
ZIP Area
184
Density / Sq Mi
$177,218
Median Household Income
$88,646
Median Earnings
$2,681
Median Rent
$1,146,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Fully occupied two-story office building with off-street parking, a modern elevator, and 5,512 rentable square feet.
Where is this office building located?
The property is located at 1840 4Th St Livermore, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Two‑story office building built in 2004 with 5,512 rentable SF of leasable space; Fully occupied with net leases, providing income supported by current tenant occupancy; Off‑street parking for tenants and visitors plus a modern elevator for second‑floor access
