Property profile

1185 Ocean Ave Emeryville, CA 94608

OFF-MARKET
Warehouses
4,183 SF Built 1958
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Property summary

AI-generated overview

This ±4,183 square foot industrial property in Emeryville, CA, presents a compelling owner-user opportunity. Located at 1185 Ocean Ave, 94608, this vacant building, constructed in 1958, offers a versatile layout ideal for various industrial operations. The main warehouse boasts a substantial 27-foot ceiling height, maximizing storage and operational efficiency. A sizeable ±630 square foot mezzanine provides additional workspace or storage. The property also includes a dedicated office, a workshop area, and a large rear garage, enhancing its functionality. Two expansive gated yards, situated on adjacent sides of the building, offer ample secure outdoor space. A recent Phase II environmental assessment (August 2024) confirmed no soil remediation is needed. The property sits on a ±28,561 square foot lot (APN: 16-1467-16-1) and includes a covered patio area. The asking price is $1,600,000. This property is a prime investment opportunity in a desirable location.

Property profile

Verified
Property type Warehouses
Year built 1958
Total area 4,183 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1185 Ocean Ave Emeryville, CA 94608
Emeryville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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