Ashland Avenue Industrial
16440 Ashland Avenue San Lorenzo, CA 94580
For Sale
$2,650,000
8,000 SF industrial building on 27,518 SF lot.
Property Size8,000 SF
Lot Size0.63 Acres
Price / SF$331.25
Days on Market98
Property Features for 16440 Ashland Avenue
General Information
Standard status
Active
Size
8,000 SF
Lot size
0.63 Acres
Property subtype
IND
Building Details
Year Built
1962
Listing Agency:
KW Commercial Long Beach Pacific Estates
(310) 439-8052
Listed By:
Lauren J. Coombs · License #01460830
(310) 439-8052
Source:
Realnex
Added: Apr 23
Changed: Jul 10
Last Checked: Apr 24 at 2:02AM
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 KW Commercial Long Beach Pacific Estates
Investment Insights
Based on property information with market context.
This is an opportunity to acquire an approximately 8,000 square foot industrial building situated on an approximately 27,518 square foot triangular, fully fenced lot. The property, most recently operated as a truck driving school, features a concrete tilt-up and block structure with 16 to 18 foot clear height. It includes 2 drive-in doors, expandable to 5, and is equipped with fire sprinklers. The building contains three restrooms and approximately 2,500 square feet of recently remodeled office space. The site backs directly to the BART tracks, providing a permanent buffer with no rear neighbor. The generous secured yard is suitable for trucking, distribution, contractor, service, or fleet-based operators. Light industrial zoning allows for a variety of uses. Recent building and site improvements have been completed. The property has immediate access to I-580, I-880, and I-238, and is located minutes from Castro Valley, Hayward, and Oakland International Airport. It is also located in a federally designated Qualified Opportunity Zone, potentially offering capital gains tax benefits for qualifying investors.
Key Highlights
- Strategic location with immediate access to I‑580, I‑880, and I‑238.
- Generous, secured yard ideal for trucking, distribution, or fleet‑based operations.
- ±8,000 SF industrial building on a ±27,518 SF fully fenced lot.
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 | $289.0k | $36.12 |
| − Vacancy | −$73.4k | −$9.17 |
| EGI | $215.6k | $26.95 |
| − OpEx | −$53.9k | −$6.74 |
| NOI | $161.7k | $20.21 |
8,000 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.31M
$2.02M – $2.69M
NOI $161,673 @ 7.0% cap · market cap 6.10%
Second Best
Warehouse
$1.74M
$1.53M – $2.03M
NOI $122,074 @ 7.0% cap · market cap 4.61%
Theoretical Best
Retail
$36.47M
$31.91M – $42.55M
NOI $2,553,012 @ 7.0% cap · market cap 96.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Truck terminal - 8,000 SF industrial building on 27,518 SF lot.
Where is this truck terminal located?
The property is located at 16440 Ashland Avenue San Lorenzo, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Strategic location with immediate access to I‑580, I‑880, and I‑238.; Generous, secured yard ideal for trucking, distribution, or fleet‑based operations.; ±8,000 SF industrial building on a ±27,518 SF fully fenced lot.
