Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    950 89Th Ave Oakland, CA 94621

    For Sale
    $2,500,000

    Turnkey cannabis cultivation facility with advanced technology in Oakland, CA.

    Lot size:
    0.18 Acres

    Property Features for 950 89Th Ave

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1961

    Source: Green Life Business Group, Inc. dba Green Life Business Agent Eric Espinoza

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

    Overview

    Oakland Cannabis Cultivation Facility

    The property features a 5,867 square foot building situated on a 7,964 square foot lot. This facility is equipped with advanced technology, including automated grow room system controls, irrigation and fertigation systems, and lighting. A VRF HVAC system, a water filtration and recycling system, and a rainwater harvesting system are in place. Security is supported by a video, monitoring, access control, and alarm system. A 1,200 amp power supply supports the facility's operations. The current capacity includes 140 lights illuminating 1,746 square feet of canopy, along with dedicated veg and mother rooms, and processing/packaging areas. The real estate alone is valued at $3 million.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cannabis farms

    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
    -122.1823256
    Latitude
    37.7467144

    Nearby Similar for Sale

    • New
      $850,000
      3,544 SF

      Oakland Fourplex with Income Potential

      Fourplex in Oakland with value-add and income potential.
      1748 E 15Th St, Oakland, CA 94606
      View Details
    • $749,000
      1,565 SF

      Versatile Oakland Duplex with Potential

      Oakland duplex with rental income potential and room to grow.
      852 58Th St, Oakland, CA 94608
      View Details
    • $1,950,000
      2,931 SF

      Modern Home with ADU

      New Oakland home featuring a main residence and ADU.
      667 Alcatraz Ave, Oakland, CA 94609
      View Details
    • $899,000
      2,265 SF

      Oakland Multi-Unit Property For Sale

      Multi-unit property in Highland Terrace neighborhood with income potential.
      2506 Highland Ave, Oakland, CA 94606
      View Details
    • $1,240,000
      3,032 SF

      Oakland Investment Property: Five Units

      Five-unit Oakland property with income potential and approved expansion permit.
      2138 19Th Ave, Oakland, CA 94606
      View Details
    • New
      $995,000
      Pending

      Craftsman Bungalow with Detached ADU

      Upper Dimond Craftsman with permitted ADU near shops and parks.
      2941 Madeline St, Oakland, CA 94602
      View Details

    FAQs

    What type of property is this?
    Cannabis farm - Turnkey cannabis cultivation facility with advanced technology in Oakland, CA.
    Where is this cannabis farm located?
    The property is located at 950 89Th Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Real estate valued at $3 million.; - 5,867 Sq Ft building on a 7,964 Sq Ft lot.; - Automated grow room system controls irrigation/fertigation and lighting.
    (858) 245-6324
    Request Owner's contact information
    950 89Th Ave Oakland, CA 94621
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    950 89Th Ave
    Oakland, CA 94621
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    950 89Th Ave Oakland, CA 94621
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.