Office Condo with Conference
For Sale
Contact for pricing
740 Alfred Nobel Dr, Hercules, CA 94547
A multi-room professional layout includes private offices, an upstairs meeting room, a kitchenette, and two bathrooms.
Property Size2,840 SF
Price / SF$2.11
Days on Market170
Property Features for 740 Alfred Nobel Dr
General Information
Standard status
Active
Size
2,840 SF
Total Parking Spaces
4
Property subtype
Comm Ind For Lease
Additional Details
Highway Access
Yes
Property Use
Office
Building Details
Year Built
2003
Listing Agency:
BCRE
Listed By:
Davide Pio · License #01522969
(510) 815-2000
Source:
Jpnrealty
Added: May 13
Changed: Oct 28
Last Checked: Oct 28 at 4:16PM
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 BCRE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,840-square-foot office unit, built in 2003, contains five private offices, a kitchenette, and two bathrooms. An upstairs conference room adds a dedicated meeting area, while four assigned parking spaces serve the unit.
The property is in Hercules, with access to the intersection of Highway 80 and Highway 4. The location also connects to Richmond, Berkeley, Oakland, San Francisco, Pinole, and El Sobrante.
The property is in Hercules, with access to the intersection of Highway 80 and Highway 4. The location also connects to Richmond, Berkeley, Oakland, San Francisco, Pinole, and El Sobrante.
Key Highlights
- 2,840‑square‑foot office unit
- Five private offices and an upstairs conference room
- Kitchenette and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,350
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,000
$1.0M
Cap Rate 7%
$733,571
$733.6K
Cap Rate 9%
$570,556
$570.6K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$83.5K $29.40/SF
− Vacancy
−$15.0K −$5.29/SF
EGI
$68.5K $24.11/SF
− OpEx
−$17.1K −$6.03/SF
NOI
$51.4K $18.08/SF
Area
Contra Costa County, CA
Vacancy
18.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,000
Cap Rate 7%
$733,571
Cap Rate 9%
$570,556
Alternative Uses
Best Use
Office B
$733.6K
$641.9K – $855.8K
NOI $51,350 @ 7.0% cap · market cap 855.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$939.3K – $1.25M
NOI $75,146 @ 7.0% cap · market cap 1,252.43%
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
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 94547, CA
26,016
Population
9,615
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
5.7 sq mi
ZIP Area
4,564
Density / Sq Mi
$130,583
Median Household Income
$61,756
Median Earnings
$3,003
Median Rent
$741,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A multi-room professional layout includes private offices, an upstairs meeting room, a kitchenette, and two bathrooms.
Where is this office unit located?
The property is located at 740 Alfred Nobel Dr Hercules, CA.
What are key features of this property?
This property features: 2,840‑square‑foot office unit; Five private offices and an upstairs conference room; Kitchenette and two bathrooms
