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    OFF-MARKET
    Retail space

    4203 Macarthur Blvd, Oakland, CA 94619-1907

    1,401 SF 0.06 ac lot Built 1946
    Individually Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US09-8394700
    Property summary
    AI-generated overview

    This exceptional 0.05-acre commercial lot is ideally situated on a corner in Oakland's vibrant Laurel District. Boasting high visibility and excellent accessibility, this property presents a unique investment opportunity. Its prime location offers immediate proximity to a diverse mix of businesses, including various restaurants, clothing boutiques, auto supply stores, banks, and even a veterinary hospital. The high foot traffic and strong local economy make this an attractive location for a variety of commercial ventures. The property's corner location ensures maximum exposure to potential customers. Furthermore, its convenient access to Interstate 580 and California State Route 13 provides easy commutes for both employees and customers. This presents a rare chance to acquire a well-positioned commercial lot in a thriving Oakland neighborhood. The property is ready for development, offering significant potential for future growth and return on investment. The asking price of $699,000 reflects the exceptional location and development potential of this unique offering. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1946
    Construction WOOD
    Total area 1,401 SF
    Lot 0.06 ac (2,500 SF)
    APN 30-1981-128
    UPID US09-8394700
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pet Choice Pet Grooming Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Fred S C Choi · 18 yrs held
    Fred S C Choi
    since 2008
    5 recorded transactions
    2008
    $375,000
    2008
    2005
    $370,000
    2001
    $180,000
    1975
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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