5500 2Nd StBenicia, CA 94510

Property Details for 5500 2Nd St

Year built

1987

Lot size

4.02 AC

Property size (Sq ft)

63,108 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

0080-240-040

APU

80240040

Description

This exceptional 63,108-square-foot industrial property, located at 5500 E 2nd St, Benicia, CA 94510, presents a unique owner-user opportunity. The Class B building, constructed in 1987, sits on a 4.02-acre lot and features one two-story building with a single tenancy. Currently vacant, this flex/R&D space offers significant potential. The property boasts one dock-high door and is ideally suited for a life science or R&D company seeking a corporate headquarters. Previously occupied by a publicly-traded company, the building includes over 17,000 square feet of existing first-floor lab space easily adaptable to warehouse or assembly use. Its strategic location provides high visibility along I-680 (approx. 159,000 cars daily), offering excellent signage opportunities and unobstructed views of the Carquinez Strait. The property benefits from immediate access to I-680, and is within ten minutes of I-80 and Highway 4, providing access to a large trade area. The asking price is $16,000,000, translating to $253.53 per square foot. The property's features include rear loading, heavy power, and a backup generator, making it a highly desirable location for a variety of uses within the thriving Bay Area life sciences market. This represents a compelling investment opportunity with significant lease-saving potential through depreciation write-offs, principal paydown, and building appreciation.

• Alternative Use

  Use

  Valuation

  Residential

  $24,558,410

  Hospitality

  $22,495,372

  Educational

  $18,715,886

  Medical

  $19,359,554

  Retail

  $29,113,600

Location Insight

City

Benicia

County

Solano

State

California

Latitude

38.0818

Longitude

-122.117

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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