Industrial Warehouse with Secured
2960 Chapman St Oakland, CA 94601
2960 Chapman St, Oakland, CA, 94601
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For Sale
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Enclosed, high-fenced secured yard connects to office space within a warehouse totaling 19,030 SF.
Property Size19,030 SF
Price / SF$189.17
Days on Market153
Property Features for 2960 Chapman St
General Information
- Standard status
- Active
- Size
- 19,030 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1944
Listing agency
Coldwell Banker Commercial Westbay Real Estate Group
Listed by
Andrew Peceimer · License #00993289
Source
Crexi
Added: Feb 18 Updated: Jul 20 at 6:49PM Checked: Jul 20 at 6:49PM
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 Coldwell Banker Commercial Westbay Real Estate Group
Investment Insights
Based on property information with market context.
The property includes a warehouse totaling 19,030 SF with approximately 1,500 SF of office space. It offers a large, enclosed, paved and secured yard with high fencing and a designated green zone. Available now, the listing also notes a total available area for lease of approximately 12,000 SF.
Secure yard access is provided from Chapman Street and East 7th Street. The location is described as having quick access to I-880 and being about 15 minutes to Oakland Airport, with proximity to Alameda.
Overall, the facility is configured to support operations that benefit from secure outdoor storage and direct access to the enclosed yard area from the adjacent streets.
Secure yard access is provided from Chapman Street and East 7th Street. The location is described as having quick access to I-880 and being about 15 minutes to Oakland Airport, with proximity to Alameda.
Overall, the facility is configured to support operations that benefit from secure outdoor storage and direct access to the enclosed yard area from the adjacent streets.
Key Highlights
- Total available for lease: 12,000 SF, priced at $0.99 Gross PSF per month for the first 12 months
- Building offers 19,030 SF total, including about 1,500 SF of office space
- Large enclosed, paved, high‑fenced secured yard
Local Financial Insights For Warehouse
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 | $363.1k | $19.08 |
| − Vacancy | −$30.5k | −$1.60 |
| EGI | $332.6k | $17.48 |
| − OpEx | −$49.9k | −$2.62 |
| NOI | $282.7k | $14.86 |
19,030 SF · lease $19.08/SF/yr · vacancy 8.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.04M
$3.53M – $4.71M
NOI $282,704 @ 7.0% cap · market cap 7.85%
Second Best
Industrial
$3.33M
$2.91M – $3.88M
NOI $232,815 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$7.76M
$6.79M – $9.05M
NOI $542,978 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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FAQs
What type of property is this?
Flex space - Enclosed, high-fenced secured yard connects to office space within a warehouse totaling 19,030 SF.
Where is this flex space located?
The property is located at 2960 Chapman St Oakland, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Total available for lease: 12,000 SF, priced at $0.99 Gross PSF per month for the first 12 months; Building offers 19,030 SF total, including about 1,500 SF of office space; Large enclosed, paved, high‑fenced secured yard
