Building Details

Building Size 3,500 SF

Year Built 1931

Listing Agency: TRI Commercial Roseville

Listed By: Dick Sullivan · License #CalDRE #00969620 Show Phone

Source: Corfac

Added: Jan 26 Changed: Sep 5 Last Checked: Oct 5 at 3:43PM

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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 TRI Commercial Roseville

Investment Insights

Based on property information with market context.

This is a 3,500 square foot flex warehouse available for sale. The warehouse includes a roll-up door, unfinished wood floors, multiple storage rooms, two bathrooms, and a break room. It also features large, open office areas and a small side yard. The property has 600 amps of power; the buyer is advised to confirm this. The property is zoned ACBD-R3.

Key Highlights

• ±3,500 SF Flex Warehouse
• Warehouse with roll up door for easy access.
• 600 amps power (buyer to confirm).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$70,732

Cap Rate

7.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,414,640 $1.4M

Cap Rate 7%

$1,010,457 $1.0M

Cap Rate 9%

$785,911 $785.9K

Market Conditions

NOI Build-Up for 3,500 SF

Gross rent

$126.4K $36.12/SF

− Vacancy

−$32.1K −$9.17/SF

EGI

$94.3K $26.95/SF

− OpEx

−$23.6K −$6.74/SF

NOI

$70.7K $20.21/SF

Area

Alameda County, CA

Vacancy

25.40%

Lease Rate

$36.12 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,414,640

Cap Rate 7%

$1,010,457

Cap Rate 9%

$785,911

Alternative Uses

Best Use

Office B

$1.01M

$884.2K – $1.18M (±1% cap)

NOI $70,732 @ 7.0% cap · market cap 7.82%

Second Best

Warehouse

$763.0K

$667.6K – $890.1K (±1% cap)

NOI $53,407 @ 7.0% cap · market cap 5.90%

Theoretical Best

Retail

$15.96M

$13.96M – $18.62M (±1% cap)

NOI $1,116,943 @ 7.0% cap · market cap 123.42%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

782

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 94580, CA

29,590

Population

9,067

Households

3.3

Avg Household Size

39

Median Age

26%

College-Educated

83%

High-School Grad

3.3 sq mi

ZIP Area

8,967

Density / Sq Mi

$110,106

Median Household Income

$52,790

Median Earnings

$2,164

Median Rent

$820,100

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Flex Warehouse for Sale

296 Albion Ave, San Lorenzo, CA 94580

$905,000

3,500 SF

View details

San Lorenzo 7-Unit Apartment Complex

15609 Ronda St, San Lorenzo, CA 94580

$2,000,000

4,578 SF

View details

Fenced Industrial Building with Secured Yard

16440 Ashland, San Lorenzo, CA 94580

$2,650,000

View details

Similar Off Market Nearby

• Clandestina Cocina — 16395 E 14th St, San Leandro, CA 94578

Frequently Asked Questions

What type of property is this?

Flex space - 3,500 SF flex warehouse with roll-up door for sale.

Where is this flex space located?

The property is located at San Lorenzo, CA.

What is the asking price?

The asking price for this property is $905,000.

What are key features of this property?

This property features: ±3,500 SF Flex Warehouse; Warehouse with roll up door for easy access.; 600 amps power (buyer to confirm).