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611-619 85th Ave

18,517 SF 100% Leased Industrial Building Oakland, CA 94621 $2,600,000 ($140/SF) 8.07% Cap Rate

Industrial Properties California Oakland 611-619 85th Ave, Oakland, CA 94621

Investment Highlights

  • Long-term tenants with significant calital invested into the space
  • Multi-tenant nature allows for upside in rent
  • Heavy Power
  • 50% lot coverage

Property Facts

Price $2,600,000 Rentable Building Area 18,517 SF
Price Per SF $140 No. Stories 1
Sale Type Investment Year Built 1949
Cap Rate 8.07% Parking Ratio 0.86/1,000 SF
Property Type Industrial Clear Ceiling Height 18 FT
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
 No. Drive In / Grade-Level Doors 2
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 0.99 AC
Price $2,600,000
Price Per SF $140
Sale Type Investment
Cap Rate 8.07%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 0.99 AC
Rentable Building Area 18,517 SF
No. Stories 1
Year Built 1949
Parking Ratio 0.86/1,000 SF
Clear Ceiling Height 18 FT
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Utilities

  • Water - City
  • Sewer - City
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 042-4318-034-00
  • 42-4318-32-11
 Improvements Assessment $803,773
Land Assessment $499,642 Total Assessment $1,303,415

PROPERTY TAXES

Parcel Numbers
Multiple
  • 042-4318-034-00
  • 42-4318-32-11
Land Assessment
$499,642
Improvements Assessment
$803,773
Total Assessment
$1,303,415

zoning

Zoning Code C, Oakland (IG - General Industrial, Green Zone - Cannabis Industry Uses)
C, Oakland (IG - General Industrial, Green Zone - Cannabis Industry Uses)
(415) 516-2211

Contacts

  • Listing ID: 32824453

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 611-619 85th Ave, Oakland, CA 94621

More public record information on 611-619 85th Ave, Oakland, CA 94621

The Industrial Property at 611-619 85th Ave, Oakland, CA 94621 is currently available for sale. Contact Lee & Associates for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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611-619 85th Ave
(415) 516-2211 x

611-619 85th Ave

1/2

Brendan Gallagher

(415) 516-2211

(415) 516-2211

Jeffrey Ida

(415) 828-7679

(415) 828-7679

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