Property profile

1525 Alvarado St San Leandro, CA 94577

OFF-MARKET
Warehouses
Property ID
US09-9574716
134,251 SF 4.08 ac lot Built 1962
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 1525 Alvarado Street in San Leandro, California, presents a significant opportunity for businesses seeking expansive warehouse and distribution space. The single-tenant building encompasses a substantial 134,919 square feet, with 62,801 square feet currently available for lease. Built in 1962, this one-story structure boasts a generous 28-foot ceiling height, providing ample vertical storage capacity. The property features 12 dock-high doors and a single drive-in door, ensuring efficient loading and unloading operations. Situated on a sizable 4.799-acre lot in Alameda County (zip code 94577), this warehouse offers excellent accessibility and ample room for maneuvering large vehicles. The property's classification as both warehouse and distribution space makes it suitable for a wide range of logistics and storage needs. The substantial vacant square footage presents a unique opportunity for a business to establish a significant presence in a prime San Leandro location. This property is ideal for companies requiring significant storage and distribution capabilities in a convenient and well-established industrial area. The combination of size, features, and location makes this an exceptional opportunity for lease.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1962
Construction TILT-UP CONCRETE
Total area 134,251 SF
Lot 4.08 ac (177,685 SF)
APN 75-47-13-1
UPID US09-9574716

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Television Studio Media Distribution
  • Big Box & Wholesale Store

Location

1525 Alvarado St San Leandro, CA 94577-2640
San Leandro metro Census 432501 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$16.48M

Owner & transaction history

since 2016
7 recorded transactions
2021
Price N/A
2017
Price N/A
2016
$14.5M
2013
Price N/A
2011
$25.0M
2004
Price N/A
1993
$102,000

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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