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    Industrial Condo with Office Space Title is generated by Realmo AI

    2982 Teagarden St, San Leandro, CA 94577

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    For Sale
    $1,295,000

    4,020 sq ft industrial condo with office in San Leandro.

    Property size:
    4,010 SF
    Price / SF:
    $322/SF
    Added:
    Mar 6, 2026
    Days on Market:
    112
    Last Refresh:
    Mar 16 at 11:01 am

    Property Features for 2982 Teagarden St

    General Information

    Standard status
    Active
    Size
    4,010 SF

    Building Details

    Year Built
    1973

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    PAUL MADER
    PAUL MADER

    Listing office MICHAEL TANZILLO R.E. BRKR

    Listing date Mar 6, 2026

    Source Corcoran

    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 MICHAEL TANZILLO R.E. BRKR

    HighLights

    • 4,020+\/- sq ft industrial condominium suitable for a wide variety of users.
    • Convenient location just east of I‑880 and Marina Blvd in the Teagarden Business Center.
    • 3,524+\/- sq ft of warehouse space with 16' clear height and 14' x 14' drive‑in door.
    • Remodeled 486+\/- sq ft office space including reception/work area, private office, and restroom.
    • Features include 2 skylights and a mezzanine over the front office.
    • Property is in good condition.

    Overview

    This industrial condominium unit offers a total of 4,020+/- square feet, comprising 3,524+/- square feet of warehouse space and a 486+/- square foot office area. The warehouse features a 16-foot clear height, a 14' x 14' drive-in door, and two skylights. A mezzanine is situated above the front office. The remodeled office space includes a reception/work area, a private office, and a restroom. The property is in good condition and is part of the 23-unit Teagarden Business Center, located just east of I-880 and Marina Blvd. This property is suitable for a wide variety of users.

    Local Financial Insights For Office B

    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 $144.8k $36.12
    − Vacancy −$36.8k −$9.17
    EGI $108.1k $26.95
    − OpEx −$27.0k −$6.74
    NOI $81.0k $20.21
    4,010 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $81,039 @ 7.0% cap · market cap 6.26%
    Second Best
    Warehouse
    $874.1K
    $764.9K – $1.02M (±1% cap)
    NOI $61,189 @ 7.0% cap · market cap 4.73%
    Theoretical Best
    Retail
    $18.28M
    $16.00M – $21.33M (±1% cap)
    NOI $1,279,697 @ 7.0% cap · market cap 98.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

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    • Angelic Taste Catering — 1119 Coburn Ct, San Leandro, CA 94578
    • SARAPe´ — 1304 Purdue St, San Leandro, CA 94579
    • Blocko Vegan Tacos — 800 oak street, Oakland, CA 94607

    Location Insight

    • Map
    • Local Demand
    City
    San Leandro
    County
    Alameda
    State
    California
    Longitude
    -122.1560974
    Latitude
    37.7050067

    FAQs

    What type of property is this?
    Flex space - 4,020 sq ft industrial condo with office in San Leandro.
    Where is this flex space located?
    The property is located at 2982 Teagarden St San Leandro, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: 4,020+\/- sq ft industrial condominium suitable for a wide variety of users.; Convenient location just east of I‑880 and Marina Blvd in the Teagarden Business Center.; **3,524+\/- sq ft of warehouse space with 16' clear height and 14' x 14' drive‑in door.**
    More about this property
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