Warehouse For
For Sale
$499,000
1708 Noia Avenue, Antioch, CA 94509
Warehouse property for sale in Contra Costa County with a total size of 2,542 square feet.
Property Size2,542 SF
Price / SF$196.30
Days on Market110
Property Features for 1708 Noia Avenue
General Information
Standard status
Active
Size
2,542 SF
Zoning
MU/C
Building Details
Building Size
2,542 SF
Year Built
1910
Listing Agency:
KW Elevate
(408) 506-7850
Listed By:
Cecile Tu · License #01346767
Source:
Evrealestate
Added: May 15
Changed: Aug 22
Last Checked: Aug 31 at 1:34PM
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 Elevate
Investment Insights
Based on property information with market context.
This warehouse property is offered for sale in Contra Costa County. The building totals 2,542 square feet, providing a compact footprint suitable for warehouse storage and distribution needs.
The property is located at 1708 Noia Avenue in Antioch, CA 94509. Its straightforward warehouse configuration and manageable size can support a range of logistics-focused uses.
ForSale pricing is listed at $499,000.
The property is located at 1708 Noia Avenue in Antioch, CA 94509. Its straightforward warehouse configuration and manageable size can support a range of logistics-focused uses.
ForSale pricing is listed at $499,000.
Key Highlights
- Warehouse property for sale in Contra Costa County
- Total size: 2,542 SF
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,203
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$644,060
$644.1K
Cap Rate 7%
$460,043
$460.0K
Cap Rate 9%
$357,811
$357.8K
Market Conditions
NOI Build-Up for 2,542 SF
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.
Gross rent
$41.2K $16.20/SF
− Vacancy
−$3.3K −$1.30/SF
EGI
$37.9K $14.90/SF
− OpEx
−$5.7K −$2.24/SF
NOI
$32.2K $12.67/SF
Area
Antioch, CA
Vacancy
8.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$644,060
Cap Rate 7%
$460,043
Cap Rate 9%
$357,811
Alternative Uses
Best Use
Warehouse
$460.0K
$402.5K – $536.7K
NOI $32,203 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$770.0K
$673.8K – $898.4K
NOI $53,901 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
886
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94509, CA
69,931
Population
24,048
Households
2.9
Avg Household Size
36
Median Age
19%
College-Educated
82%
High-School Grad
17.4 sq mi
ZIP Area
4,019
Density / Sq Mi
$81,512
Median Household Income
$42,401
Median Earnings
$2,052
Median Rent
$565,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Armor Storage Unit — 2711 Lone Tree Wy, Antioch, CA 94509
- Public Storage — 601 Sunset Dr, Antioch, CA 94509
- West Coast Self-Storage Antioch — 815 Sunset Dr, Antioch, CA 94509
- RMJ Moving and Storage — 1211 Sunset Dr, Antioch, CA 94509
- SecureSpace Self Storage Antioch — 2100 A St, Antioch, CA 94509
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property for sale in Contra Costa County with a total size of 2,542 square feet.
Where is this warehouse located?
The property is located at 1708 Noia Avenue Antioch, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Warehouse property for sale in Contra Costa County; Total size: 2,542 SF; Built in 1910
