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    Industrial Building with Remodeled Office Title is generated by Realmo AI

    16440 Ashland, San Lorenzo, CA 94580

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    Claim this Listing
    For Sale
    $2,650,000

    COMMERCIAL - San Lorenzo, CA

    Property size:
    8,000 SF
    Lot size:
    0.63 Acres
    Price / SF:
    $331/SF
    Added:
    Apr 21, 2026
    Days on Market:
    77
    Last Refresh:
    Jul 6 at 10:06 am

    Property Features for 16440 Ashland

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    080C049300206
    Lot size
    0.63 Acres

    Building Details

    Year built
    1962

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    Contact an agent
    Lauren Coombs
    Lauren Coombs

    Listing agent Lauren Coombs License #01460830

    Listing office Keller Williams Pacific Estate 2883 E Spring Street Ste.100, Long Beach, CA

    Listing date Apr 21, 2026

    MLS# PW26085830

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • +/-8,000 SF industrial building on +/-27,518 SF fully fenced lot in unincorporated Alameda County
    • Concrete tilt‑up and block construction with 18' clear height and 2 drive‑in doors (expandable to 5)
    • Fire sprinklers, three restrooms, and approx. 2,500 SF recently remodeled office space
    • Secured yard suited for trucking, distribution, contractor/service, or fleet‑based operators; backs directly to BART with no rear neighbor
    • Light industrial zoning allows a wide variety of uses; recent building and site improvements completed
    • Immediate access to I‑580, I‑880, and I‑238; in a federally designated Qualified Opportunity Zone (tax benefits to be confirmed)

    Overview

    A rare owner-user or operator-focused industrial property featuring a concrete tilt-up and block structure on a triangular, fully fenced site. The building provides approximately 18' clear height and is currently configured with two drive-in doors, noted as expandable to five. Fire sprinklers, three restrooms, and a mix of warehouse and office space support day-to-day operations, including approximately 2,500 SF of recently remodeled office area. The property is described as having recent building and site improvements completed throughout.

    The secured yard backs directly to BART, providing a permanent buffer with no rear neighbor. The industrial zoning is described as permitting a wide variety of light industrial uses, and the site is positioned with immediate access to I-580, I-880, and I-238. It is also described as minutes from Castro Valley, Hayward, and Oakland International Airport.

    Most recently operated as a truck driving school, the layout and secured yard may support trucking, distribution, contractor, service, or fleet-based operators seeking outdoor storage and reliable ingress for vehicles. The property is offered for sale or lease, and the location is described as being in a federally designated Qualified Opportunity Zone, with capital gains tax benefits potentially available for qualifying investors (broker/buyer to confirm).

    Local 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 (±1% cap)
    NOI $161,673 @ 7.0% cap · market cap 6.10%
    Second Best
    Warehouse
    $1.74M
    $1.53M – $2.03M (±1% cap)
    NOI $122,074 @ 7.0% cap · market cap 4.61%
    Theoretical Best
    Retail
    $36.47M
    $31.91M – $42.55M (±1% cap)
    NOI $2,553,012 @ 7.0% cap · market cap 96.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Genesis Developmental Services Adult Day Care Rooter Hero Plumbing ... Plumbing Service Frontline General Engineering ... General Contractor National Truck And Bus ... Training Center

    Suggested Use

    Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Dental Office Acupuncture Tech Support Center Pharmacy Garden Center Skin Care Clinic Car Rental Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • ALLSAFE SELF-STORAGE SAN LEANDRO — 526 Lewelling Blvd, San Leandro, CA 94579
    • Public Storage — 15285 Hesperian Blvd, San Leandro, CA 94578
    • Mini Safe Storage & RV — 15311 Hesperian Blvd, San Leandro, CA 94578
    • Public Storage — 15951 Hesperian Blvd, San Lorenzo, CA 94580
    • BMJ MOVING INC. — 550 Harmony Dr, Hayward, CA 94541

    Location Insight

    • Map
    • Local Demand
    City
    San Lorenzo
    County
    Alameda
    State
    California
    Longitude
    -122.1186059
    Latitude
    37.6908662

    FAQs

    What type of property is this?
    Warehouse - Tilt-up industrial building with 18' clear height, secured yard, two drive-in doors, and remodeled office space.
    Where is this warehouse located?
    The property is located at 16440 Ashland 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: +/-8,000 SF industrial building on +/-27,518 SF fully fenced lot in unincorporated Alameda County; Concrete tilt‑up and block construction with 18' clear height and 2 drive‑in doors (expandable to 5); Fire sprinklers, three restrooms, and approx. 2,500 SF recently remodeled office space
    More about this property
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