Fenced Industrial Building with Secured
For Sale
$2,650,000
16440 Ashland, San Lorenzo, CA 94580
Commercial Sale, San Lorenzo, CA
Property Size8,000 SF
Lot Size0.63 Acres
Price / SF$331.25
Days on Market170
Property Features for 16440 Ashland
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
880 to 238 East to Ashland Avenue north
Standard status
Active
APN
080C049300206
Lot size
0.63 Acres
Building Details
Year built
1962
Listing Agency:
Keller Williams Pacific Estate · Keller Williams Realty
(562) 513-7800
Listed By:
Lauren Coombs · License #01460830
(562) 212-2879
Added: Apr 21
Changed: Oct 2
Last Checked: Oct 7 at 4:06AM
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.
Investment Insights
Based on property information with market context.
This industrial property includes an approximately 8,000 SF concrete tilt-up and block building on a roughly 27,518 SF triangular parcel. The fully fenced site provides a secured yard, while the building offers 18-foot clear height, two drive-in doors expandable to five, fire sprinklers, and three restrooms. Approximately 2,500 SF of office area has been recently remodeled.
The property is located at 16440 Ashland in San Lorenzo, within unincorporated Alameda County. It backs directly to BART, creating a permanent rear buffer, and has immediate access to I-580, I-880, and I-238. The site is also within a federally designated Qualified Opportunity Zone.
The property is located at 16440 Ashland in San Lorenzo, within unincorporated Alameda County. It backs directly to BART, creating a permanent rear buffer, and has immediate access to I-580, I-880, and I-238. The site is also within a federally designated Qualified Opportunity Zone.
Key Highlights
- Approximately 8,000 SF industrial building on a +/-27,518 SF triangular lot
- Fully fenced property with a secured yard
- 18' clear height and 2 drive‑in doors, expandable to 5
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,074
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,441,480
$2.4M
Cap Rate 7%
$1,743,914
$1.7M
Cap Rate 9%
$1,356,378
$1.4M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$153.6K $19.20/SF
− Vacancy
−$10.0K −$1.25/SF
EGI
$143.6K $17.95/SF
− OpEx
−$21.5K −$2.69/SF
NOI
$122.1K $15.26/SF
Area
Alameda County, CA
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,441,480
Cap Rate 7%
$1,743,914
Cap Rate 9%
$1,356,378
Alternative Uses
Best Use
Warehouse
$1.74M
$1.53M – $2.03M
NOI $122,074 @ 7.0% cap · market cap 4.61%
Second Best
Industrial
$1.37M
$1.20M – $1.60M
NOI $95,760 @ 7.0% cap · market cap 3.61%
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
18 ft
Clear height
2
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Light industrial zoning supports varied commercial uses, with immediate access to I-580, I-880, and I-238.
Where is this industrial property 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: Approximately 8,000 SF industrial building on a +/-27,518 SF triangular lot; Fully fenced property with a secured yard; 18' clear height and 2 drive‑in doors, expandable to 5
