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Two-Story Office Building with Elevator
For Sale
$2,350,000

1840 4Th St, Livermore, CA 94550

Two-story office building with elevator access, off-street parking, and multiple private suite entrances; fully occupied on net leases.

Property Size6,487 SF
Price / SF$362.26
Days on Market143

Property Features for 1840 4Th St

General Information

Standard status Active
Size 6,487 SF
Property subtype Commercial/Industrial
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Year Built 2004
Stories 2
Tenancy Multi
Listing Agency: Weston Properties
Listed By: Matt Ford · License #01773488
Source: Exitrealty
Added: Jun 3 Changed: Oct 6 Last Checked: Oct 5 at 3:54PM

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 Weston Properties

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Investment Insights

Based on property information with market context.

This two-story office building provides 5,512 rentable square feet of leasable space. The property is described as stabilized and fully occupied on net leases, designed to support predictable income with limited landlord responsibilities. Tenant experience is supported by abundant off-street parking, a modern elevator for second-floor access, and multiple private suite entrances.

Situated in Downtown Livermore, the building is positioned for convenient access, including easy access to I-580.

The property is zoned to allow a wide range of uses, including business, professional, governmental, medical/dental, personal services, and residential use, providing flexibility for evolving tenant needs.

Key Highlights

  • Two‑story office building built in 2004 with 5,512 rentable SF of leasable space
  • Fully occupied on net leases
  • 16 parking spaces and abundant off‑street parking for tenants and guests

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$131,097
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,621,940 $2.6M
Cap Rate 7%
$1,872,814 $1.9M
Cap Rate 9%
$1,456,633 $1.5M
Market Conditions
NOI Build-Up for 6,487 SF
Gross rent
$234.3K $36.12/SF
− Vacancy
−$59.5K −$9.17/SF
EGI
$174.8K $26.95/SF
− OpEx
−$43.7K −$6.74/SF
NOI
$131.1K $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%
$2,621,940
Cap Rate 7%
$1,872,814
Cap Rate 9%
$1,456,633

Alternative Uses

Best Use
Office B
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $131,097 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$29.57M
$25.88M – $34.50M (±1% cap)
NOI $2,070,174 @ 7.0% cap · market cap 88.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Dr. Kenneth L. ... Dental Office Window Replacement Livermore Hardware & Home Improvement

Suggested Use

Top Pick Barber Shop Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Storage Facility Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,062
Businesses Nearby

Demographics for 94550, CA

49,959
Population
18,390
Households
2.7
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
272.0 sq mi
ZIP Area
184
Density / Sq Mi
$177,218
Median Household Income
$88,646
Median Earnings
$2,681
Median Rent
$1,146,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with elevator access, off-street parking, and multiple private suite entrances; fully occupied on net leases.
Where is this office building located?
The property is located at 1840 4Th St Livermore, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Two‑story office building built in 2004 with 5,512 rentable SF of leasable space; Fully occupied on net leases; 16 parking spaces and abundant off‑street parking for tenants and guests
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