Industrial Properties in Alameda, California, offer a unique investment opportunity for those looking to capitalize on the city's strong economy and diverse industries. With a population of around 78,280, Alameda provides a stable and growing market for industrial properties. Industrial Properties in Alameda can represent a range of investments, from manufacturing and logistics facilities to research and development centers. The city's proximity to Oakland and San Francisco, as well as its access to major transportation hubs, including the Oakland Airport and the Alameda Main Street Station, make it an attractive location for businesses. Additionally, Alameda's amenities, such as the Alameda Free Library and the Altarena Playhouse, contribute to its appeal as a place to live and work. The city's geography, with its mix of island and mainland locations, also provides a unique setting for industrial properties. Notable companies, such as Abbott Diabetes Care and Penumbra Inc., have already established a presence in Alameda, demonstrating the city's potential for business growth.
Alameda's industrial properties are situated in a context that offers a range of nearby amenities and attractions. The city's diverse economy, which includes healthcare, education, and retail, provides a strong foundation for industrial properties. In addition to industrial properties, Alameda also offers a range of other property types, including warehouses, which can be found in areas such as the Park Street Historic Commercial District. Land is also available for development, with opportunities for building new industrial facilities. Apartment buildings are another option, providing a chance to invest in residential properties. Commercial real estate, including office buildings and retail spaces, is also available in Alameda. With a total of 21 industrial properties for sale, Alameda offers a range of options for investors. The average price per square foot for industrial properties in Alameda is $307 USD, with an average size of 12,081 square feet. The largest industrial property available is 70,190 square feet, offering ample space for businesses to grow. The average cap rate for industrial properties in Alameda is 8.2%, providing a stable return on investment.
What is the average price per square foot for industrial properties in Alameda?
The average price per square foot for industrial properties in Alameda is $307 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Alameda, as they directly impact the ease of doing business, logistics, and overall operational efficiency.
- Proximity to major transportation hubs, such as the Alameda Main Street Station, Posey and Webster Street Tubes, and California State Route 61, can increase property values due to the convenience and accessibility they provide to businesses.
- Industrial properties located near the Oakland International Airport, which is just a few miles away, may also see a boost in value due to the ease of shipping and receiving goods.
- Furthermore, properties with easy access to the Bay Area's extensive highway network, including Interstate 880 and California State Route 61, can command higher prices due to the reduced transportation costs and increased connectivity they offer.
