Office Units with Shared Conference
For Sale
Contact for pricing
4049 1St St 241, Livermore, CA 94551
Building amenities include shared internet, climate control, break rooms, and security cameras.
Property Size33,900 SF
Price / SF$0.04
Days on Market536
Property Features for 4049 1St St 241
General Information
Standard status
Active
Size
33,900 SF
Property subtype
Comm Ind For Lease
Additional Details
Highway Access
Yes
Amenities
2 Break-rooms
Conference room
8 bathrooms
Security cameras
shared internet
Building Details
Year Built
1982
Stories
2
Listing Agency:
Schwaegerle, Realtors
Listed By:
Gary Schwaegerle · License #00789588
(925) 462-3221
Source:
Jpnrealty
Added: May 13, 2025
Changed: Oct 29
Last Checked: Oct 28 at 3:18PM
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 Schwaegerle, Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The office property contains 33,900 square feet and was built in 1982. Shared building features include two break rooms, a conference room, eight bathrooms, and security cameras on both floors. Heat, air conditioning, and shared internet are included in the lease arrangement; tenants handle janitorial service within their own spaces.
The property is situated between Freeway 580 and downtown Livermore, with dining, theaters, entertainment, and shopping in the downtown area.
The property is situated between Freeway 580 and downtown Livermore, with dining, theaters, entertainment, and shopping in the downtown area.
Key Highlights
- 33,900‑square‑foot office property built in 1982
- Two break rooms and a shared conference room
- Eight bathrooms in the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$685,090
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,701,800
$13.7M
Cap Rate 7%
$9,787,000
$9.8M
Cap Rate 9%
$7,612,111
$7.6M
Market Conditions
NOI Build-Up for 33,900 SF
Gross rent
$1.22M $36.12/SF
− Vacancy
−$311.0K −$9.17/SF
EGI
$913.5K $26.95/SF
− OpEx
−$228.4K −$6.74/SF
NOI
$685.1K $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%
$13,701,800
Cap Rate 7%
$9,787,000
Cap Rate 9%
$7,612,111
Alternative Uses
Best Use
Office B
$9.79M
$8.56M – $11.42M
NOI $685,090 @ 7.0% cap · market cap 45,733.64%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$154.55M
$135.23M – $180.31M
NOI $10,818,388 @ 7.0% cap · market cap 722,188.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
Explore this area
Business Placement
Demographics for 94551, CA
40,358
Population
14,475
Households
2.8
Avg Household Size
38
Median Age
44%
College-Educated
92%
High-School Grad
82.7 sq mi
ZIP Area
488
Density / Sq Mi
$130,705
Median Household Income
$67,591
Median Earnings
$2,589
Median Rent
$931,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Building amenities include shared internet, climate control, break rooms, and security cameras.
Where is this office unit located?
The property is located at 4049 1St St 241 Livermore, CA.
What are key features of this property?
This property features: 33,900‑square‑foot office property built in 1982; Two break rooms and a shared conference room; Eight bathrooms in the building
