921 Parker St Berkeley, CA 94710
This exceptional single-tenant industrial property at 921 Parker Street in Berkeley, California, offers 36,785 square feet of versatile warehouse and flex space. Built in 1924 and situated on a 1.15-acre lot, this one-story building features sixteen loading docks, providing ample capacity for efficient loading and unloading operations. The property boasts 7,725 square feet of office space, already meticulously set up for immediate occupancy. Nine private drive-in restrooms add to the convenience and comfort. Recent improvements include fresh asphalt and paint, enhancing the overall aesthetic appeal and functionality. The property is zoned MU-LI and includes 35 total parking spaces. The tenant has the potential to create a private or fenced garden area. The building is completely misted. Please note that building services, property taxes, and utilities are not included in the lease cost. The lease rate is approximately $1.33 per square foot, based on a 3,750 square foot space. This prime Berkeley location offers unparalleled access to transportation and a thriving business community. This is a rare opportunity to secure a well-maintained, spacious industrial property in a highly desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.