8380 Pardee Dr, Oakland, CA 94621-1481
- Refrigerated & Cold Storage
- 155,000 SF
- 8.41 lot acres
Current Use by Public Records
- Horizon Beverage Company / Big Box & Wholesale Store / Distribution Center
Property Details for 8380 Pardee Dr
- Year built
- 2012
- Construction
- CONCRETE
- Lot size
- 8.41 lot acres
- Property type
- Refrigerated & Cold Storage
- APN
- 42-4415-3-11
- APU
- 424415311
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 1, 2021 | — | Westcore Alpha Pardee LLC | East Bay Regional Park District | Quit Claim Deed · related | — |
| Jun 25, 2020 | — | Westcore Alpha Pardee LLC | Westcore Alpha Pardee LLC | Quit Claim Deed · related | $15M · Miscellaneous Ins Co |
| May 20, 2020 | $40,480,000 | Westcore Alpha Pardee LLC | Horizon Beverage Prop LLC | Grant Deed | — |
| Feb 25, 2015 | — | Horizon Beverage Properties Ll | Horizon Beverage Co LP | Quit Claim Deed | — |
| Dec 30, 2010 | — | Horizon Beverage Company LP | R L R Investments LLC | Grant Deed | $20M · Wells Fargo Bank NA |
| Mar 31, 2006 | — | Rlr Investments LLC | Arrowhead Marsh LLC | Grant Deed | — |
| — | — | Horizon Beverage Properties Ll | — | Loan Modification · related | $23M · Wells Fargo Bk |
| — | — | Horizon Beverage Co LP | — | Deed Of Trust · related | $23k · Wells Fargo Bank |
Description
This exceptional 155,000-square-foot warehouse, constructed in 2012, presents a prime opportunity for industrial businesses seeking a strategically located, efficient facility in Oakland, California. Situated on an 8.41-acre lot in Alameda County, this single-story building boasts a 30-foot clear ceiling height, facilitating ample storage and operational flexibility. The property features 18 loading docks equipped with hydraulic levelers, along with 5 drive-in doors, ensuring seamless and efficient loading and unloading processes. A substantial 50-space parking lot, including ample trailer parking, accommodates both employees and delivery vehicles. The expansive 184-foot-deep truck court allows for easy maneuvering and efficient operations. The fully enclosed and gated property provides enhanced security. This Class A warehouse benefits from its proximity to major transportation arteries, including Oakland International Airport, and is strategically located near FedEx, UPS, and Benjamin Moore distribution centers, providing excellent access to a large workforce and key transportation networks. The property's location within a 10-mile radius of approximately 66,500 warehouse workers and its proximity to the Port of Oakland further enhances its logistical advantages. This is a rare opportunity to acquire a high-quality, well-located industrial property in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $30,355,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $38,375,000
- 6.5%
- $35,425,000
- 7%
- $32,895,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $41,270,000
Market price range: $14.5M - $41.3M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $29,250,000 Current use
- RESTAURANT
- $55,805,000 Change: +91% Conversion: Difficult
- MEDICAL BUILDING
- $52,095,000 Change: +78% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $49,415,000 Change: +69% Conversion: Easy
- OFFICE BUILDING
- $37,350,000 Change: +28% Conversion: Difficult
- RETAIL STORES
- $36,855,000 Change: +26% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $34,160,000 Change: +17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.205
- Latitude
- 37.7348
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
