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    FOR SALE
    Warehouses

    8383 Capwell Dr, Oakland, CA 94621

    21,000 SF 1 ac lot Built 1970
    Entity Owned 1-yr Hold ~ Est. High Equity
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • West Coast HydroVac 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
    $5.79M
    Owner & transaction history
    Ancona Development LLC · 1 yrs held
    Ancona Development LLC
    since 2025
    Last sale
    $5.7M
    3 recorded transactions
    2025
    $3.3M
    2020
    $5.7M
    1994
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $8.9M +125.2%
    Restaurant $7.6M +90.8%
    Medical building $7.1M +78.1%
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    More about this property
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