910 81st Ave #20 #20, Oakland, CA 94621

Building Details

Year Built 1971 More

Listing Agency: MARTINI COMPANY REAL ESTATE Show Phone

Listed By: BLAKE MARTINI · License CA #01908725

Source: Corcoran

Added: Feb 7 Changed: Aug 8 Last Checked: Apr 5 at 9:11PM

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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 MARTINI COMPANY REAL ESTATE

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This industrial warehouse condo offers a clear height of over 15 feet and is equipped with 200 amp 3-phase electrical service. The property includes ample secure outdoor parking and a roll-up warehouse door, providing flexible use of the space for an owner. It is located in a Green Zone and is suitable for either an owner-user or an investor. The property has a size of 2403 square feet.

Key Highlights

• 15+' Clear Height: Provides ample vertical space.
• 200 Amp 3‑Phase Electrical: Supports high‑power equipment.
• Ample Secure Outdoor Parking: Offers convenient and safe parking.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$35,698

Cap Rate

5.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$713,960 $714.0K

Cap Rate 7%

$509,971 $510.0K

Cap Rate 9%

$396,644 $396.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,403 SF

Gross rent

$45.8K $19.08/SF

− Vacancy

−$3.9K −$1.60/SF

EGI

$42.0K $17.48/SF

− OpEx

−$6.3K −$2.62/SF

NOI

$35.7K $14.86/SF

Area

Oakland, CA

Vacancy

8.40%

Lease Rate

$19.08 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$713,960

Cap Rate 7%

$509,971

Cap Rate 9%

$396,644

Alternative Uses

Best Use

Warehouse

$510.0K

$446.2K – $595.0K (±1% cap)

NOI $35,698 @ 7.0% cap · market cap 5.95%

Second Best

Industrial

$420.0K

$367.5K – $490.0K (±1% cap)

NOI $29,399 @ 7.0% cap · market cap 4.90%

Theoretical Best

Multifamily LT 5

$786.7K

$688.4K – $917.9K (±1% cap)

NOI $55,071 @ 7.0% cap · market cap 9.18%

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

Wooden Table Baking ... Bakery Contraband Coffee Cafe & Coffee Shop Seven Seas Worldwide Moving Company Due Torri Coffee Cafe & Coffee Shop Wooden Table Baking ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

882

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 94621, CA

35,816

Population

11,078

Households

3.2

Avg Household Size

32

Median Age

13%

College-Educated

67%

High-School Grad

8.5 sq mi

ZIP Area

4,214

Density / Sq Mi

$53,106

Median Household Income

$35,199

Median Earnings

$1,527

Median Rent

$537,600

Median Home Value

Market

Average Price Trend$/SF for Warehouses in Oakland, CA

$255 Jul

$285 Aug

$263 Sep

$283 Oct

Properties on Market for Warehouses in Oakland

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Industrial warehouse condo featuring high ceilings, ample parking, and roll-up door.

Where is this warehouse located?

The property is located at 910 81st Ave #20 #20 Oakland, CA.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: 15+' Clear Height: Provides ample vertical space.; 200 Amp 3‑Phase Electrical: Supports high‑power equipment.; Ample Secure Outdoor Parking: Offers convenient and safe parking.