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    6686 Bancroft Ave Oakland, CA 94605

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    For Sale
    $190,000

    Redevelopment opportunity in Oakland Opportunity Zone with potential commercial/residential units.

    Property size:
    2,600 SF
    Lot size:
    0.12 Acres

    Property Features for 6686 Bancroft Ave

    General Information

    Size
    2,600 SF
    Lot size
    0.12 Acres

    Source: Vanguard Properties - Mission Agent Jennifer Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Opportunity Zone Redevelopment

    This property, located in the Oakland Opportunity Zone, presents a redevelopment opportunity. The lot includes a damaged structure. According to the seller, there are previously approved and paid City of Oakland permits for a street-front commercial space of over 1300 square feet, and two residential units of over 1400 square feet and 1200 square feet respectively, each potentially offering 3 beds and 2 baths with gated parking. Note that the previously approved architectural plans have expired, so updates may be required. The property is an 'As Is' sale, and potential buyers are advised to verify the Opportunity Zone details, the state of the plans and permits, what can be constructed on site, construction costs and construction timelines. The property size is 2600 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.1807747
    Latitude
    37.7696842

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    FAQs

    What type of property is this?
    Commercial land - Redevelopment opportunity in Oakland Opportunity Zone with potential commercial/residential units.
    Where is this commercial land located?
    The property is located at 6686 Bancroft Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - Located in an Oakland Opportunity Zone.; - Approved and paid City of Oakland permits in place for redevelopment.; - Permits allow for a **1300+ sq ft commercial space**.
    (415) 660-0436
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    6686 Bancroft Ave Oakland, CA 94605
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    Oakland, CA 94605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6686 Bancroft Ave Oakland, CA 94605
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