Pleasanton Flex Condo
400-444 Preston Ct, Livermore, CA 94550
1,020 SF flex condo with grade-level door and office.
Type:Industrial
Property size:
1,230 SFPrice / SF:
$399/SF- Added:
- May 20, 2026
- Days on Market:
- 12
- Last Refresh:
- May 21 at 7:27 am
Property Features for 400-444 Preston Ct
General Information
- Standard status
- Active
- Size
- 1,230 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2000
Listing agent George Wineinger License #CA 00878573
Listing office Colliers - San Francisco - Pleasanton, California
Listing date May 20, 2026
Source Crexi
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 - San Francisco - Pleasanton, California
HighLights
- Flexible 1,020 SF condominium unit suitable for various business needs.
- Convenient location near restaurants, public transportation, and parks.
- Features a grade‑level door for easy access.
- Offers an IMPRESSIVE 16’ clear height, accommodating diverse operational requirements.
- Includes 25% office space within the unit.
- All public utilities are already in place.
Overview
This is a 1,020 square foot flex condominium unit located within a condominium project at 404-446 Preston Court in Pleasanton. Constructed in 1989, the building features concrete tilt-up construction. The unit includes one grade-level door and a 16-foot clear height, with 25% of the space designated as office area. The property provides a parking ratio of 0.55 spaces per 1,000 square feet. The unit is in average condition and benefits from its proximity to similar properties, restaurants, public transportation options, and parks. All public utilities are available at the site.
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 | $44.4k | $36.12 |
| − Vacancy | −$11.3k | −$9.17 |
| EGI | $33.1k | $26.95 |
| − OpEx | −$8.3k | −$6.74 |
| NOI | $24.9k | $20.21 |
1,230 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$355.1K
$310.7K – $414.3K
NOI $24,857 @ 7.0% cap · market cap 5.06%
Second Best
Warehouse
$268.1K
$234.6K – $312.8K
NOI $18,769 @ 7.0% cap · market cap 3.82%
Theoretical Best
Retail
$5.61M
$4.91M – $6.54M
NOI $392,526 @ 7.0% cap · market cap 79.98%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Livermore
- County
- Alameda
- State
- California
- Longitude
- -121.736987
- Latitude
- 37.70096
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 1,020 SF flex condo with grade-level door and office.
Where is this flex space located?
The property is located at 400-444 Preston Ct Livermore, CA.
What is the asking price?
The asking price for this property is $490,770.
What are key features of this property?
This property features: Flexible 1,020 SF condominium unit suitable for various business needs.; Convenient location near restaurants, public transportation, and parks.; Features a grade‑level door for easy access.
