Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Livermore Industrial Condo For Sale Title is generated by Realmo AI

    291 Rickenbacker Cir, Livermore, CA 94551

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    6,004 SF industrial condo with highway visibility in Livermore.

    Type:Office
    Property size:
    6,004 SF
    Added:
    Nov 26, 2025
    Days on Market:
    171
    Last Refresh:
    Apr 5 at 9:28 pm

    Property Features for 291 Rickenbacker Cir

    General Information

    Standard status
    Active
    Size
    6,004 SF
    Property subtype
    Office

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Nikki Kopp
    Nikki Kopp

    Listing agent Nikki Kopp License #CalDRE #02139425

    Listing office Lee & Associates | East Bay

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Lee & Associates | East Bay

    HighLights

    • Prime location with Highway 84 visibility and easy access to Livermore Municipal Airport and Interstates 580 and 84.
    • ±6,004 SF Industrial Condo with 30% Office / 70% Warehouse space.
    • Two (2) 10’ x 12’ grade level doors for convenient loading and unloading.
    • Secured yard space, enhancing security and usability.
    • Building and monument signage available for increased visibility.
    • High power capacity: 400 Amps, 120/208 Volts.

    Overview

    This 6,004 square foot industrial condo is located in the industrial area of Livermore, offering visibility from Highway 84 (Isabel Avenue). The property features building and monument signage, with a layout of 30% office space and 70% warehouse space. It includes two 10’ x 12’ grade-level doors and a secured yard space. The property has 400 Amps of power at 120/208 Volts. Its location provides close proximity to Livermore Municipal Airport, Highway 84, and Interstate 580, offering easy access to transportation routes. The area is known for its strong industrial infrastructure and is home to a variety of businesses, manufacturing facilities, and logistics centers, making it an attractive investment opportunity for industrial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Similar Places Nearby

    • Interstate Storage Livermore — 1800 Sutter St, Livermore, CA 94551
    • Airport Self Storage — 1491 Rutan Dr, Livermore, CA 94551
    • Prologis — livermore, ca 94551

    Location Insight

    • Map
    • Local Demand
    City
    Livermore
    County
    Alameda
    State
    California
    Longitude
    -121.804
    Latitude
    37.6924

    Nearby Similar for Sale

    • $2,700,000
      4,842 SF

      Livermore Automotive Property For Sale

      Versatile automotive property with income and redevelopment potential.
      2653 Old 1st St, Livermore, CA 94550
      View Details
    • $999,000
      2,188 SF

      Charming Livermore Multifamily Opportunity

      Versatile home near downtown Livermore, potential for two units.
      2659 3Rd St, Livermore, CA 94550
      View Details
    • $3,000,000

      86 Acres in Livermore Awaits

      86-acre property in Livermore for residential estate, vineyard, agriculture.
      1 Collier Canyon RD, LIVERMORE, CA 94551
      View Details
    • $12,499,000
      4,200 SF

      Livermore Equestrian Estate and Ranch

      120-acre Livermore ranch featuring a modern farmhouse and equestrian facilities.
      6033 Dagnino Rd, Livermore, CA 94551
      View Details
    • $3,400,000

      Downtown Livermore Commercial Automotive Building

      Freestanding building in downtown Livermore with redevelopment potential.
      1931 1St St, Livermore, CA 94550
      View Details
    • $3,400,000
      4,230 SF

      Downtown Livermore Commercial Automotive Building

      Freestanding building in Downtown Livermore with redevelopment potential.
      1931 1St St, LIVERMORE, CA 94550
      View Details
    • $1,329,000
      1,477 SF

      Retail Condo in Mixed-Use Development

      Retail condo in a new mixed-use development in Livermore.
      1628 Holmes Street, Livermore, CA 94550
      View Details
    • $1,400,000
      3,066 SF

      Corner Unit with Valley Views

      Corner unit with views, open office, and high-ceiling warehouse.
      3161-3197 Independence Dr, Livermore, CA
      View Details
    • Contact for pricing
      5,854 SF

      Medical/Office Space Available

      5,854 SF medical/office space in Livermore, CA.
      998 Murrieta Blvd, Livermore, CA 94550
      View Details
    • $1,149,000

      Charming Livermore Home Near Downtown

      Versatile home near downtown Livermore, potential for two units.
      2659 3Rd St, Livermore, CA 94550
      View Details
    • $710,000
      2,080 SF

      Livermore Industrial Condo For Sale

      2,080 SF industrial condo with office and warehouse space.
      581 Leisure St., Livermore, CA 94551
      View Details
    • $503,250
      1,342 SF

      Industrial Condo Near I-580

      Industrial condo with office space and easy highway access.
      340 Preston Court, Livermore, CA
      View Details

    FAQs

    What type of property is this?
    Warehouse - 6,004 SF industrial condo with highway visibility in Livermore.
    Where is this warehouse located?
    The property is located at 291 Rickenbacker Cir Livermore, CA.
    What are key features of this property?
    This property features: Prime location with Highway 84 visibility and easy access to Livermore Municipal Airport and Interstates 580 and 84.; ±6,004 SF Industrial Condo with 30% Office / 70% Warehouse space.; Two (2) 10’ x 12’ grade level doors for convenient loading and unloading.
    (925) 737-4171
    We can help!
    Listing Contact
    Nikki Kopp
    Nikki Kopp
    Real Estate License ID: CalDRE #02139425
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    291 Rickenbacker Cir, Livermore, CA 94551
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!