3181-3199 Independence Dr, Livermore, CA
3,093 SF industrial/office condo in Livermore, CA for sale.
- Added:
- Jul 9, 2024
- Days on Market:
- 714
- Last Refresh:
- May 20 at 8:18 pm
Property Features for 3181-3199 Independence Dr
General Information
- Standard status
- Active
- Size
- 3,093 SF
- Lot size
- 7.77 Acres
- Property subtype
- INDUSTRIAL
Listing agent Mark Rinkle License #01512632 (925) 876-8033
Listing office Lee & Associates | East Bay (925) 876-8033
Listing date Jul 9, 2024
Source Moodyscre
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 in Livermore, CA, near Costco, hotels, restaurants, golfing, education, and Livermore Airport, with direct freeway access to I‑580, Airway, and Isabel Avenue.
- Versatile 3,093±SF Industrial/Office Condo with approximately 66% office and 33% warehouse space.
- High 22’ Ceiling Height in Warehouse with Upgraded Power & Floor Drain.
- Includes Two‑Story Office Space and One Rear‑Loading Roll‑up Door.
- Ample Parking available.
- Built in 2008 with interior upgrades in 2015.
Overview
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 | $111.7k | $36.12 |
| − Vacancy | −$28.4k | −$9.17 |
| EGI | $83.3k | $26.95 |
| − OpEx | −$20.8k | −$6.74 |
| NOI | $62.5k | $20.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Livermore
- County
- Alameda
- State
- California
- Longitude
- -121.814
- Latitude
- 37.7076
