Industrial Warehouse with Rail
For Sale
Contact for pricing
3466 Arden Road, Hayward, CA 94545
Industrial warehouse offering rail service, sprinklers, and excess yard space for flexible operations.
Property Size11,256 SF
Price / SF$350.92
Days on Market77
Property Features for 3466 Arden Road
General Information
Standard status
Active
Size
11,256 SF
Class
B
Property subtype
Industrial
Zoning
Industrial Park (IP)
Warehouse & Industrial
Rail Access
Yes
Sprinkler System
Yes
Additional Details
Outdoor Storage
Yes
Building Details
Year Built
1980
Stories
1
Listing Agency:
Colliers - Oakland, California
Listed By:
Nick Ousman · License #01908981
(510) 433-5820
Source:
Crexi
Added: Jul 2
Changed: Sep 14
Last Checked: Sep 15 at 6:42AM
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 Colliers - Oakland, California
Investment Insights
Based on property information with market context.
This industrial warehouse property is offered for sale and includes rail service, sprinkler protection, and excess yard space to support a range of logistics and storage needs. The facility is approximately 11,256 square feet, providing enclosed warehousing area alongside additional outdoor space.
Located at 3466 Arden Rd in Hayward, CA, the property’s rail service and on-site yard area are designed to accommodate distribution-oriented operations and day-to-day staging requirements. If you are looking for an industrial building with both covered space and room outdoors, this layout offers a practical combination of features.
Located at 3466 Arden Rd in Hayward, CA, the property’s rail service and on-site yard area are designed to accommodate distribution-oriented operations and day-to-day staging requirements. If you are looking for an industrial building with both covered space and room outdoors, this layout offers a practical combination of features.
Key Highlights
- Industrial warehouse with rail service for freight operations
- Sprinkler system included
- Excess yard space for flexible staging and storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$144,300
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,886,000
$2.9M
Cap Rate 7%
$2,061,429
$2.1M
Cap Rate 9%
$1,603,333
$1.6M
Market Conditions
NOI Build-Up for 11,256 SF
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.
Gross rent
$179.6K $15.96/SF
− Vacancy
−$9.9K −$0.88/SF
EGI
$169.8K $15.08/SF
− OpEx
−$25.5K −$2.26/SF
NOI
$144.3K $12.82/SF
Area
Hayward, CA
Vacancy
5.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,886,000
Cap Rate 7%
$2,061,429
Cap Rate 9%
$1,603,333
Alternative Uses
Best Use
Warehouse
$2.06M
$1.80M – $2.41M
NOI $144,300 @ 7.0% cap · market cap 3.65%
Second Best
Industrial
$1.70M
$1.49M – $1.98M
NOI $118,836 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$3.48M
$3.04M – $4.06M
NOI $243,562 @ 7.0% cap · market cap 6.17%
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
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Explore this area
Business Placement
Demographics for 94545, CA
33,786
Population
10,439
Households
3.2
Avg Household Size
39
Median Age
34%
College-Educated
84%
High-School Grad
14.5 sq mi
ZIP Area
2,330
Density / Sq Mi
$115,258
Median Household Income
$55,874
Median Earnings
$2,426
Median Rent
$838,800
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?
Distribution center - Industrial warehouse offering rail service, sprinklers, and excess yard space for flexible operations.
Where is this distribution center located?
The property is located at 3466 Arden Road Hayward, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Industrial warehouse with rail service for freight operations; Sprinkler system included; Excess yard space for flexible staging and storage
