Property profile

4203 Macarthur Blvd Oakland, CA 94601

FOR SALE
Retail space
Property ID
US09-8394700
1,401 SF 0.06 ac lot Built 1946
Individually Owned 18-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Pet Grooming Service

Location

4203 Macarthur Blvd Oakland, CA 94601
Oakland metro Census 407000 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2008
5 recorded transactions
2008
$375,000
2008
Price N/A
2005
$370,000
2001
$180,000
1975
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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