Bowstring-Truss Warehouse with
5417 Adeline St Oakland, CA 94608
For Sale
$1,300,000
Concrete block warehouse offers column-free interior space with a roll-up door, small office, shower bathroom, and mezzanine.
Property Size6,480 SF
Lot Size0.15 Acres
Price / SF$200.62
Days on Market10
Property Features for 5417 Adeline St
General Information
- Standard status
- Active
- Size
- 6,480 SF
- Lot size
- 0.15 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency:
Red Oak Realty
(510) 499-1235
Listed By:
Thomas Garabedian Cone · License #02034258
(510) 499-1235
Source:
Elliman
Added: Jul 14
Changed: Jul 23
Last Checked: Jul 23 at 5:17PM
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 Red Oak Realty
Investment Insights
Based on property information with market context.
This concrete block warehouse is built with a bowstring truss roof design that supports a flexible layout and eliminates central interior columns. The building is served by an 11'9" x 11'10" roll up door and includes a small office, a bathroom with a shower, and mezzanine space.
The property is located on North Oakland’s Adeline corridor. It is on a 6,520 sf lot, and the zoning is HBX1.
The building is described as having 3-phase power service, and deferred maintenance is noted throughout. The buyer is advised to verify power details.
The property is located on North Oakland’s Adeline corridor. It is on a 6,520 sf lot, and the zoning is HBX1.
The building is described as having 3-phase power service, and deferred maintenance is noted throughout. The buyer is advised to verify power details.
Key Highlights
- 6,480 SF concrete block warehouse on a 6,520 SF lot (per public records)
- Column‑free interior with bowstring truss roof design and no central interior columns
- Includes one 11'5" x 11'10" roll‑up door plus small office and bathroom with shower
Financial Insights For Warehouse
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 | $123.6k | $19.08 |
| − Vacancy | −$10.4k | −$1.60 |
| EGI | $113.3k | $17.48 |
| − OpEx | −$17.0k | −$2.62 |
| NOI | $96.3k | $14.86 |
6,480 SF · lease $19.08/SF/yr · vacancy 8.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.38M
$1.20M – $1.60M
NOI $96,265 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.12M
$1.86M – $2.48M
NOI $148,507 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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- StorQuest Self Storage — 4601 Shattuck Ave., Oakland, CA 94609
FAQs
What type of property is this?
Warehouse - Concrete block warehouse offers column-free interior space with a roll-up door, small office, shower bathroom, and mezzanine.
Where is this warehouse located?
The property is located at 5417 Adeline St Oakland, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6,480 SF concrete block warehouse on a 6,520 SF lot (per public records); Column‑free interior with bowstring truss roof design and no central interior columns; Includes one 11'5" x 11'10" roll‑up door plus small office and bathroom with shower
