Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3025-3095 Independence Dr Livermore, CA 94550
    Back to Search
    Property profile & analytics

    3025-3095 Independence Dr Livermore, CA 94550

    View on Map
    • Life science properties
    • 16,768 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Life science properties

    Property Details for 3025-3095 Independence Dr

    Year built
    1999
    Property size
    16,768 SF
    Property type
    Life science properties
    Property subtype
    Office Spaces

    Description

    North Canyons Business Center, located at 3025-3095 Independence Dr, Livermore, CA 94550, offers a diverse range of office, flex, and R&D spaces within a Class A, six-building complex. Built in 1999, this property boasts a total of 16,768 square feet, with individual suites ranging from a minimum of 1,847 square feet to a maximum contiguous space of 18,922 square feet. Currently, there are 34,145 square feet of vacant space available for lease. The property sits on a 5.059-acre lot and features single-story buildings with ample parking (3.8 spaces per 1,000 square feet). Its convenient location offers excellent freeway access and visibility, situated near N Canyons Pkwy in Alameda County. The property is strategically positioned 3.5 miles from the Hacienda Business Park and provides easy access to a variety of housing options. Enjoy attractive views of the entire valley and the convenience of proximity to Livermore Airport. This is an exceptional opportunity for businesses seeking a well-located, versatile workspace in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Livermore
    County
    Alameda
    State
    California
    Longitude
    -121.674
    Latitude
    37.6537

    Comparable in this City

    • Value Estimation by Request
      41,525 SF

      1915 2Nd St

      Life science properties • 41,525 SF
      1915 2Nd St, Livermore, CA 94550
      View Details
    • Value Estimation
      $7,660,000
      30,000 SF

      1401 Greenville Rd

      R&D FACILITY, LABS, PHARMA • 30,000 SF
      1401 Greenville Rd, Livermore, CA 94550-9223
      View Details
    • Value Estimation by Request
      34,729 SF

      5730 Brisa St

      R&D FACILITY, LABS, PHARMA • 34,729 SF
      5730 Brisa St, Livermore, CA 94550-2512
      View Details
    • Value Estimation
      $890,000
      72,633 SF

      6465 National Dr

      R&D FACILITY, LABS, PHARMA • 72,633 SF
      6465 National Dr, Livermore, CA 94550-8808
      View Details
    • Value Estimation
      $515,000
      47,475 SF

      Gtwy Ave

      R&D FACILITY, LABS, PHARMA • 47,475 SF
      Gtwy Ave, Livermore, CA 94550
      View Details
    • Value Estimation by Request
      2,576 SF

      7677 Hawthorne Ave

      Distribution properties • 2,576 SF
      7677 Hawthorne Ave, Livermore, CA 94550
      View Details

    Similar Nearby for Sale

    • $1,683,600
      2,806 SF

      Retail, Medical, or Office Condo

      Condo available for retail, medical, or office use.
      1330-1350 Concannon Blvd, Livermore, CA 94550
      View Details
    • Contact for pricing
      5,854 SF

      Medical/Office Space Available

      5,854 SF medical/office space in Livermore, CA.
      998 Murrieta Blvd, Livermore, CA 94550
      View Details
    • Contact for pricing
      859 SF

      South Livermore Retail/Office/Medical Space

      Creative medical, office, and retail space in South Livermore.
      1510-1522 Holmes St, Livermore, CA 94550
      View Details
    • Contact for pricing

      South Livermore Creative Space Available

      Creative medical, office, and retail spaces in South Livermore.
      1202-1440 Holmes St, Livermore, CA 94550
      View Details
    • $1,100,000
      1,750 SF

      South Livermore Retail/Office/Medical Space

      Creative medical, office, and retail space in South Livermore.
      1332-1372 Concannon Blvd, Livermore, CA 94550
      View Details
    • Contact for pricing
      2,045 SF

      Renovated Retail, Office, Medical Suites

      South Livermore retail, office, and medical spaces for lease.
      1400-1422 Concannon Blvd, Livermore, CA 94550
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Livermore Flex and Warehouse Space

      Flex, industrial, office, and warehouse spaces available for lease.
      6465 National Dr, Livermore, CA 94550
      View Details
    • Contact for pricing
      9,152 SF

      Office and Flex Space Available

      Office and flex space featuring private offices and conference room.
      5625 Brisa St, Livermore, CA 94550
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial flex, industrial, office, and warehouse spaces available for lease.
      4771 Arroyo Vis, Livermore, CA 94550
      View Details
    • Contact for pricing
      128,622 SF

      Livermore Industrial Space For Lease

      128,622 SF industrial space suitable for various uses.
      6755 Brisa St, Livermore, CA 94550
      View Details
    • Contact for pricing
      1,229 SF

      Light Industrial Flex Space Available

      Divisible light industrial units with grade level doors.
      2111 Research Dr, Livermore, CA 94550
      View Details
    • Contact for pricing
      1,569 SF

      Light Industrial Flex Space Available

      Light industrial complex with flexible units for lease.
      2127 Research Dr, Livermore, CA 94550
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3025-3095 Independence Dr
    Livermore, CA 94550
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3025-3095 Independence Dr, Livermore, CA, 94550
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!