Industrial Building with Four
For Sale
$1,750,000
5428 San Pablo Ave, Emeryville, CA 94608
Corner-positioned facility near transit, employment centers, retail amenities, BART, and regional freeways.
Property Size8,424 SF
Lot Size0.19 Acres
Price / SF$207.74
Days on Market50
Property Features for 5428 San Pablo Ave
General Information
Standard status
Active
Size
8,424 SF
Lot size
0.19 Acres
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$21,700
Building Details
Year Built
1945
Buildings
1
Listing Agency:
Marcus & Millichap
(650) 391-1700
Listed By:
Andres Lopez · License #01936458
(408) 421-4703
Source:
Exprealty
Added: Sep 15
Changed: Oct 25
Last Checked: Nov 3 at 12:08PM
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 Marcus & Millichap
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Investment Insights
Based on property information with market context.
Built in 1945, this industrial property contains approximately 8, 424 square feet of building area on an approximately 8, 436-square-foot parcel. Four separate suites create a flexible configuration for multiple occupants or an owner-user arrangement.
The property occupies the intersection of 54th Street and San Pablo Avenue, providing access across the East Bay. Public transportation, BART, major regional freeways, employment centers, residential neighborhoods, and retail amenities are all identified in the surrounding area. Pixar Animation Studios is approximately 0.5 miles away, with Berkeley and Emeryville also nearby.
The property occupies the intersection of 54th Street and San Pablo Avenue, providing access across the East Bay. Public transportation, BART, major regional freeways, employment centers, residential neighborhoods, and retail amenities are all identified in the surrounding area. Pixar Animation Studios is approximately 0.5 miles away, with Berkeley and Emeryville also nearby.
Key Highlights
- Approximately 8, 424 square feet of building area
- Approximately 8, 436‑square‑foot parcel
- Four‑suite industrial configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,273
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,365,460
$2.4M
Cap Rate 7%
$1,689,614
$1.7M
Cap Rate 9%
$1,314,144
$1.3M
Market Conditions
NOI Build-Up for 8,424 SF
Gross rent
$202.2K $24.00/SF
− Vacancy
−$20.2K −$2.40/SF
EGI
$182.0K $21.60/SF
− OpEx
−$63.7K −$7.56/SF
NOI
$118.3K $14.04/SF
Area
Alameda County, CA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,365,460
Cap Rate 7%
$1,689,614
Cap Rate 9%
$1,314,144
Alternative Uses
Best Use
Flex RnD
$1.69M
$1.48M – $1.97M
NOI $118,273 @ 7.0% cap · market cap 6.76%
Second Best
Industrial
$1.44M
$1.26M – $1.68M
NOI $100,835 @ 7.0% cap · market cap 5.76%
Theoretical Best
Retail
$38.40M
$33.60M – $44.81M
NOI $2,688,322 @ 7.0% cap · market cap 153.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,656
Businesses Nearby
Explore this area
Business Placement
Demographics for 94608, CA
33,073
Population
17,956
Households
1.8
Avg Household Size
36
Median Age
64%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
11,812
Density / Sq Mi
$116,306
Median Household Income
$73,845
Median Earnings
$2,561
Median Rent
$826,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Corner-positioned facility near transit, employment centers, retail amenities, BART, and regional freeways.
Where is this industrial property located?
The property is located at 5428 San Pablo Ave Emeryville, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Approximately 8, 424 square feet of building area; Approximately 8, 436‑square‑foot parcel; Four‑suite industrial configuration
