Warehouse with Roll-Up Door and
For Sale
Contact for pricing
296 Albion Ave, San Lorenzo, CA 94580
Warehouse offering roll-up door access, multiple storage rooms, two bathrooms, and office space with a small side yard.
Property Size3,500 SF
Price / SF$258.57
Days on Market764
Property Features for 296 Albion Ave
General Information
Standard status
Active
Size
3,500 SF
Property subtype
FLEX_R_AND_D
Zoning
ACBD-R3
Additional Details
Heavy Power
Yes
Amenities
multiple storage rooms
bathrooms
break room
large open office areas
small side yard
Listing Agency:
TRI Commercial | Walnut Creek
(925) 296-3319
Listed By:
Keith Serne · License #02094384
(916) 730-6439
Source:
Moodyscre
Added: Jul 2, 2024
Changed: Jul 28
Last Checked: Jul 28 at 12:18PM
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 TRI Commercial | Walnut Creek
Investment Insights
Based on property information with market context.
This warehouse includes a roll-up door, multiple storage rooms, two bathrooms, a break room, and large open office areas. The space is finished with unfinished wood floors and includes a small side yard.
The property is zoned ACBD-R3 and provides 600 amps of power, with the buyer to confirm. Located at 296 Albion Ave in San Lorenzo, CA 94580, it offers a combined warehouse and office layout suited to a variety of operational needs.
As configured, the interior supports both storage and day-to-day work areas, with dedicated restroom facilities and an internal break room alongside the open office space.
The property is zoned ACBD-R3 and provides 600 amps of power, with the buyer to confirm. Located at 296 Albion Ave in San Lorenzo, CA 94580, it offers a combined warehouse and office layout suited to a variety of operational needs.
As configured, the interior supports both storage and day-to-day work areas, with dedicated restroom facilities and an internal break room alongside the open office space.
Key Highlights
- Warehouse space with roll‑up door access
- Includes large open office areas plus a break room
- Multiple storage rooms throughout the warehouse
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 | $126.4k | $36.12 |
| − Vacancy | −$32.1k | −$9.17 |
| EGI | $94.3k | $26.95 |
| − OpEx | −$23.6k | −$6.74 |
| NOI | $70.7k | $20.21 |
3,500 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.01M
$884.2K – $1.18M
NOI $70,732 @ 7.0% cap · market cap 7.82%
Second Best
Warehouse
$763.0K
$667.6K – $890.1K
NOI $53,407 @ 7.0% cap · market cap 5.90%
Theoretical Best
Retail
$15.96M
$13.96M – $18.62M
NOI $1,116,943 @ 7.0% cap · market cap 123.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94580, CA
29,590
Population
9,067
Households
3.3
Avg Household Size
39
Median Age
26%
College-Educated
83%
High-School Grad
3.3 sq mi
ZIP Area
8,967
Density / Sq Mi
$110,106
Median Household Income
$52,790
Median Earnings
$2,164
Median Rent
$820,100
Median Home Value
Market
Properties on Market for Flex space in Alameda County
Vacancy Rate% for Office 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?
Flex space - Warehouse offering roll-up door access, multiple storage rooms, two bathrooms, and office space with a small side yard.
Where is this flex space located?
The property is located at 296 Albion Ave San Lorenzo, CA.
What is the asking price?
The asking price for this property is $905,000.
What are key features of this property?
This property features: Warehouse space with roll‑up door access; Includes large open office areas plus a break room; Multiple storage rooms throughout the warehouse
