Technical
Financial
Distress signals
Property profile

970 Macarthur Blvd Oakland, CA 94608

OFF-MARKET
Auto shops
Property ID
US09-9022855
0.1 ac lot
Individually Owned 32-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 970 Macarthur Blvd in Oakland, CA, presents a unique investment opportunity. Currently operating as a paint and auto body repair shop, the 0.1-acre lot offers significant potential for redevelopment. The owner is retiring and seeking a quick sale, presenting a compelling opportunity for a savvy investor. The property's strategic location is a key advantage, situated near BART, providing convenient access to public transportation. The proximity to Emeryville's shopping and amenities further enhances its appeal. The existing structure provides immediate income potential, while the zoning allows for exploration of various uses, including live-work spaces or residential income development. Its central location offers easy access to various transportation modes, facilitating seamless commutes to and from San Francisco. The property's potential for increased value is substantial, making it an attractive investment for those seeking a high-return opportunity in a thriving Bay Area location. Interested parties should independently verify current permitted uses with the City of Oakland to fully assess the range of development possibilities. This is a rare chance to acquire a well-positioned property with significant upside potential in a highly desirable area. The asking price is $1,500,000.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.1 ac (4,217 SF)
APN 12-956-37
UPID US09-9022855

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

970 Macarthur Blvd Oakland, CA 94608-3950
Oakland metro Census 401000 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 1993
3 recorded transactions
1993
$162,500
1990
$188,500
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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