Industrial Property in Livermore,
For Sale
$1,190,805
3189 Independence Dr., Livermore, CA 94551
Industrial property in Livermore near amenities and freeway access.
Property Size3,093 SF
Price / SF$385
Days on Market393
Property Features for 3189 Independence Dr.
General Information
Standard status
Active
Size
3,093 SF
Property subtype
Industrial
Building Details
Building Size
3,093 SF
Year Built
2008
Listing Agency:
Lee & Associates | East Bay
Listed By:
Mark Rinkle · License #CalDRE #01512632
(925) 876-8033
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Oct 6
Last Checked: Oct 5 at 3:41PM
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
Investment Insights
Based on property information with market context.
Located in Livermore, California, the property benefits from its position in the Tri-Valley area, known for wineries, farmlands, and ranches. The location offers convenient access to amenities, situated one block from Costco, hotels, restaurants, golfing facilities, educational institutions, and the Livermore Airport. Direct access to freeway interchanges I-580, Airway, and Isabel Avenue enhances connectivity. The property encompasses a total size of 3093 square feet.
Key Highlights
- Convenient location: One block from Costco, hotels, restaurants, golfing, and education.
- Direct access to freeway interchanges I‑580 / Airway and Isabel Avenue.
- Located in Livermore, CA, the most populous city in the Tri‑Valley.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,023
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,460
$740.5K
Cap Rate 7%
$528,900
$528.9K
Cap Rate 9%
$411,367
$411.4K
Market Conditions
NOI Build-Up for 3,093 SF
Gross rent
$55.7K $18.00/SF
− Vacancy
−$2.8K −$0.90/SF
EGI
$52.9K $17.10/SF
− OpEx
−$15.9K −$5.13/SF
NOI
$37.0K $11.97/SF
Area
Alameda County, CA
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,460
Cap Rate 7%
$528,900
Cap Rate 9%
$411,367
Alternative Uses
Best Use
Industrial
$528.9K
$462.8K – $617.1K
NOI $37,023 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$14.10M
$12.34M – $16.45M
NOI $987,058 @ 7.0% cap · market cap 82.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Explore this area
Business Placement
Demographics for 94551, CA
40,358
Population
14,475
Households
2.8
Avg Household Size
38
Median Age
44%
College-Educated
92%
High-School Grad
82.7 sq mi
ZIP Area
488
Density / Sq Mi
$130,705
Median Household Income
$67,591
Median Earnings
$2,589
Median Rent
$931,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property in Livermore near amenities and freeway access.
Where is this industrial property located?
The property is located at 3189 Independence Dr. Livermore, CA.
What is the asking price?
The asking price for this property is $1,190,805.
What are key features of this property?
This property features: Convenient location: One block from Costco, hotels, restaurants, golfing, and education.; Direct access to freeway interchanges I‑580 / Airway and Isabel Avenue.; Located in Livermore, CA, the most populous city in the Tri‑Valley.
