Berkeley, California, is a prime location for investing in Industrial Properties, with a strong economy and a high demand for industrial spaces. Industrial Properties in Berkeley offer a unique opportunity for investors to capitalize on the city's strategic location, excellent infrastructure, and highly educated workforce. These properties can represent a range of investments, from light manufacturing and assembly to warehousing and distribution. Berkeley's Industrial Properties are characterized by their proximity to major transportation hubs, including Amtrak, AC Transit, and BART stations, making them an attractive option for businesses that require easy access to transportation networks. The city's highly educated workforce, courtesy of the University of California, Berkeley, and Lawrence Berkeley National Laboratory, provides a talented pool of employees for industrial businesses. Additionally, Berkeley's amenities, such as Alta Bates Summit Medical Center and Herrick Hospital, and parks like Ohlone Greenway and San Francisco Bay Trail, make it an attractive location for businesses and employees alike. With its unique blend of education, innovation, and entertainment, Berkeley is an excellent place to invest in Industrial Properties, with attractions like the Berkeley Repertory Theater and the Berkeley Art Museum and Pacific Film Archive drawing visitors from around the region.
Berkeley's Industrial Properties are part of a larger landscape of commercial real estate options, including Warehouses, Land, Apartment Buildings, and Commercial Real Estate. Warehouses in Berkeley offer flexible spaces for businesses that require storage and distribution facilities. Land in Berkeley is a valuable commodity, with opportunities for development and investment. Apartment Buildings in Berkeley provide a range of housing options for employees and residents, while Commercial Real Estate in Berkeley includes office spaces, retail stores, and restaurants. With 15 Industrial Properties for sale in Berkeley, investors have a range of options to choose from. The average price per square foot for Industrial Properties in Berkeley is $338 USD, with an average size of 16,006 square feet. The largest Industrial Property available in Berkeley spans 43,678 square feet. With an average cap rate of 5.8%, Industrial Properties in Berkeley offer a strong potential for returns on investment. Berkeley's unique blend of education, innovation, and entertainment makes it an attractive location for businesses and investors alike, with its many amenities and attractions drawing visitors from around the region.
What is the average price per square foot for industrial properties in Berkeley?
The average price per square foot for industrial properties in Berkeley isNetMessage$338 USD per square foot, with 15 available listings ranging in size from 16,006 square feet to 43,678 square feet, and an average cap rate of 5.8%.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Berkeley, California, as they impact the ease of doing business, accessibility, and overall desirability of the property.
- Proximity to major transportation hubs, such as Amtrak (Capitol Corridor), AC Transit, and BART stations, can increase property values due to the convenience and accessibility they offer to employees, customers, and suppliers.
- Properties located near the Eastshore Freeway (Interstate 80 and Interstate 580) and other major highways may also command higher values due to their ease of access to regional markets and distribution networks.
- In addition, properties with pedestrian and bicycle access, such as those near the Ohlone Greenway and San Francisco Bay Trail, may be more desirable and valuable due to their ability to attract a workforce that values alternative transportation options.
