You are browsing as a guest. Register to access key data for free.
Property profile

296 Albion Ave San Lorenzo, CA 94580

Warehouses
Property ID
US09-8556818
View Sample
2,768 SF 0.13 ac lot Built 1931
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This 3,500 square foot industrial property, located at 296 Albion Ave, San Lorenzo, CA 94580, presents a compelling investment opportunity. Built in 1931, this Class C building offers a versatile blend of warehouse and flex space, perfect for a variety of uses. The property features a roll-up door for easy loading and unloading, unfinished wood floors, and multiple storage rooms providing ample space for inventory or equipment. Two bathrooms and a break room cater to employee needs, while large open office areas offer comfortable workspace. A small side yard provides additional outdoor space. The property boasts 600 amps of power (buyer to verify). Zoned ACBD-R3, this Alameda County location offers convenient access to major transportation routes. The asking price is $1,100,000. This is a rare opportunity to acquire a well-located industrial property with significant potential for growth and return on investment. The property's features include multiple storage rooms, a break room, and two bathrooms. The large open office areas provide flexibility for various business needs. The property's zoning allows for a range of uses, making it an attractive option for entrepreneurs and investors alike. Don't miss this chance to own a piece of San Lorenzo's thriving industrial market.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1931
Construction WOOD
Total area 2,768 SF
Lot 0.13 ac (5,825 SF)
APN 413-97-31-4
UPID US09-8556818

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
$650k
Comparable Approach Comparable
$819k
Blend (final) Blend
$575k

Owner & transaction history

since 2022
Last sale
$700,000
6 recorded transactions
2022
$700,000
2019
Price N/A
2012
Price N/A
2011
Price N/A
1996
Price N/A
1977
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $940,000 +69.2%
Auto repair, garage $890,000 +60.7%
Retail stores $785,000 +41.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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