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8383 Capwell Dr Oakland, CA 94621-2113

OFF-MARKET Warehouses Google Maps
21,000 SF 1 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$6.02M
Range $5.42M – $6.62M (±10%)
Property ID US09-9234795

Property summary

AI-generated overview

This exceptional ±21,000 square foot industrial property, situated on approximately one acre in Oakland, CA, presents a compelling owner-user opportunity. Located at 8383 Capwell Dr, 94621, this two-story distribution warehouse boasts four grade-level loading docks, a 20-foot clear ceiling height, and ample heavy power. The building features floor drains and a fully sprinklered system, ensuring optimal functionality and safety. The property also includes a fully fenced and paved yard. An additional ±4,000 square feet is located on the second floor, though not included in the total square footage. The property is zoned D-CO-5 and benefits from its strategic location within five miles of the Port of Oakland, offering convenient access to major transportation arteries, including I-880, and Oakland International Airport. The asking price is $4,950,000, translating to $236 per square foot. This location also qualifies as an Opportunity Zone (CIX-1), presenting potential tax advantages for eligible investors. This is a rare opportunity to acquire a well-maintained, strategically located industrial asset in a thriving market.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Construction TILT-UP CONCRETE
Total area 21,000 SF
Lot 1 ac (43,560 SF)
APN 42-4425-2-2
UPID US09-9234795

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
  • General Contractor Construction Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.93M
CAP Approach CAP
$4.80M
Comparable Approach Comparable
$5.59M
Blend (final) Blend
$6.02M

Owner & transaction history

since 2025
Last sale
$5.7M
3 recorded transactions
2025
$3.3M
2020
$5.7M
1994
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $8.9M +125.2%
Restaurant $7.6M +90.8%
Medical building $7.1M +78.1%

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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