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    296 Albion Ave San Lorenzo, CA 94580
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    Property profile & analytics

    296 Albion Ave San Lorenzo, CA 94580


    • Warehouses
    • 2,768 SF
    • 0.13 lot acres
    Flex Warehouse for Sale For Sale
    $905,000
    3,500 SF

    Flex Warehouse for Sale

    3,500 SF flex warehouse featuring roll-up door and open office.

    296 Albion Ave, San Lorenzo, CA 94580
    View Listing
    Property ID
    US09-8556818
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    7.4%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 296 Albion Ave

    Year built
    1931
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Property size
    2,768 SF
    Property type
    Warehouses
    APN
    413-97-31-4
    APU
    41397314

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $575,000
      ML approach
      $590,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $705,000
      6.5%
      $650,000
      7%
      $605,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $818,000
      Market price range: $312k - $819k
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $555,000
      Current use
      OFFICE BUILDING
      $940,000
      Change: +69% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $890,000
      Change: +61% Conversion: Easy
      RETAIL STORES
      $785,000
      Change: +42% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $775,000
      Change: +40% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Lorenzo
    County
    Alameda
    State
    California
    Longitude
    -122.128
    Latitude
    37.6854
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,167
    $520,200
    $208,080
    $728,280
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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