3418 San Leandro St Oakland, CA 94601
Multi-parcel property includes a showroom and workshop space plus an on-site parking lot.
Property Features for 3418 San Leandro St
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1970
Listing office Metro Realty Co. (925) 217-4411
Listing date May 14, 2026
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Metro Realty Co.
Investment Insights
Based on property information with market context.
The property consists of three separate parcels: APN-33-2191-11-1, APN-33-2191-8, and APN-33-2191-7. Public remarks indicate the location is right next to a BART station. APN-33-2191-8 is the parking lot.
The workshop area underwent reconstruction after a fire in 1992 and was rebuilt. Seller will consider a lease and also a partial sale of the three parcels if it makes sense.
Key Highlights
- Year built 1970; multi‑parcel property with ongoing custom cabinet shop operations (50+ years) and business included
- 3 separate parcels: APN‑33‑2191‑11‑1, APN‑33‑2191‑8, and APN‑33‑2191‑7
- APN‑33‑2191‑11‑1 offers 5,250 SF showroom with 2 offices, bathroom, and 2nd‑level mezzanine
Local Financial Insights For Retail
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 | $226.8k | $25.20 |
| − Vacancy | −$17.0k | −$1.89 |
| EGI | $209.8k | $23.31 |
| − OpEx | −$62.9k | −$6.99 |
| NOI | $146.9k | $16.32 |
