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    San Leandro Industrial Condo Title is generated by Realmo AI

    2982 Teagarden St, San Leandro, CA 94577

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    For Sale
    $1,195,000

    Industrial condo with warehouse and office space for sale.

    Type:Commercial
    Property size:
    4,020 SF
    Price / SF:
    $297/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 8:06 pm

    Property Features for 2982 Teagarden St

    General Information

    Standard status
    Active
    Size
    4,020 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1973

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    Listing Contact
    Paul Mader
    Paul Mader

    Listing agent Paul Mader License #00795784

    Listing office Michael Tanzillo R.E. Brkr

    Listing date Apr 24, 2026

    Source Elliman

    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
    • 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
    • Located in the 23‑unit Teagarden Business Center, just east of I‑880 and Marina Blvd.
    • Warehouse features 2 skylights and a mezzanine over the front office
    • Property is in good condition

    Overview

    This industrial condominium unit offers a total area of 4,020 square feet, comprising approximately 3,524 square feet of warehouse space and 486 square feet of office area. The warehouse features a 16-foot clear height, a 14' x 14' drive-in door, and two skylights, along with a mezzanine area situated above the front office. The 486-square-foot office space includes a reception/work area, a private office, and a restroom. The office has been remodeled, and the property is in good condition overall. The property 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 $145.2k $36.12
    − Vacancy −$36.9k −$9.17
    EGI $108.3k $26.95
    − OpEx −$27.1k −$6.74
    NOI $81.2k $20.21
    4,020 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.16M
    $1.02M – $1.35M (±1% cap)
    NOI $81,241 @ 7.0% cap · market cap 6.80%
    Second Best
    Warehouse
    $876.3K
    $766.8K – $1.02M (±1% cap)
    NOI $61,342 @ 7.0% cap · market cap 5.13%
    Theoretical Best
    Retail
    $18.33M
    $16.04M – $21.38M (±1% cap)
    NOI $1,282,889 @ 7.0% cap · market cap 107.35%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    • Pop Up Gelato — 1650 Abram Ct, San Leandro, CA 94577
    • Curb Dogz — 14345 Acacia St, San Leandro, CA 94579
    • 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 - Industrial condo with warehouse and office space for sale.
    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 $1,195,000.
    What are key features of this property?
    This property features: 4,020+\/- sq ft industrial condominium suitable for a wide variety of users; **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
    More about this property
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