Oakland Warehouse Redevelopment Opportunity

Macarthur Blvd, Oakland, CA 94608

View on Map

For Sale

$1,400,000

5,850 SF warehouse on 6,280 SF lot in Oakland.

Type:Commercial

Property size:

5,850 SF

Lot size:

0.14 Acres

Price / SF:

$239/SF

HighLights

Prime North Oakland location in the I‑80/I‑880 corridor.
RU‑4 zoning with S‑13 Affordable Housing Overlay allows for versatile redevelopment options (residential or industrial).
5,850 SF warehouse on a 6,280 SF lot.
Excellent freeway access to I‑580/I‑80/I‑880.
Located along a major transit corridor with immediate access to Emeryville and West Oakland.
Functional industrial asset suitable for owner‑users or investors.

We can help!

Listing Contact

MONIKA MOSCOSO-RIDDLE

For Sale

$1,400,000

5,850 SF warehouse on 6,280 SF lot in Oakland.

Type:Commercial

Property size:

5,850 SF

Lot size:

0.14 Acres

Price / SF:

$239/SF

Added:: May 3, 2025
Days on Market:: 411
Last Refresh:: Apr 5 at 8:52 pm

Property Features for Macarthur Blvd

General Information

Standard status: Active
Size: 5,850 SF
Lot size: 0.14 Acres
Property subtype: Commercial

Building Details

Year Built: 1920

We can help!

Listing Contact

MONIKA MOSCOSO-RIDDLE

Listing agent MONIKA MOSCOSO-RIDDLE

Listing office EXP REALTY OF CALIFORNIA

Listing date May 3, 2025

Source Corcoran

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

All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY OF CALIFORNIA

HighLights

Prime North Oakland location in the I‑80/I‑880 corridor.
RU‑4 zoning with S‑13 Affordable Housing Overlay allows for versatile redevelopment options (residential or industrial).
5,850 SF warehouse on a 6,280 SF lot.
Excellent freeway access to I‑580/I‑80/I‑880.
Located along a major transit corridor with immediate access to Emeryville and West Oakland.
Functional industrial asset suitable for owner‑users or investors.

Overview

Located in the I-80/I-880 corridor, a key industrial hub in the Bay Area, the property at 940 West MacArthur Boulevard presents an opportunity to acquire a 5,850 square foot warehouse on a 6,280 square foot lot. The property is situated at the Oakland/Emeryville border. Zoned RU-4 (Urban Residential – 4) with an S-13 Affordable Housing Overlay, the single-story building offers flexible options for owner-users, investors, or developers. The property is suitable as a functional industrial asset with freeway access or for high-density residential development. Its location along a major transit corridor provides access to Emeryville, West Oakland, and I-580/I-80/I-880, ensuring logistical appeal.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$111.6k	$19.08
− Vacancy	−$9.4k	−$1.60
EGI	$102.2k	$17.48
− OpEx	−$15.3k	−$2.62
NOI	$86.9k	$14.86

5,850 SF · lease $19.08/SF/yr · vacancy 8.40% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$1.24M

$1.09M – $1.45M (±1% cap)

NOI $86,906 @ 7.0% cap · market cap 6.21%

Second Best

Industrial

$1.02M

$894.6K – $1.19M (±1% cap)

NOI $71,569 @ 7.0% cap · market cap 5.11%

Theoretical Best

Multifamily LT 5

$1.92M

$1.68M – $2.23M (±1% cap)

NOI $134,069 @ 7.0% cap · market cap 9.58%

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

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Similar Places Nearby

StorageMart — 2450 Mandela Pkwy, Oakland, CA 94607
StorageMart — 2743 San Pablo Ave, Oakland, CA 94612
Saroni Co — 1301 26th St, Oakland, CA 94607
Iron Mountain — 1350 W Grand Ave, Oakland, CA 94607
StorageMart Self Storage — 2450 mandela parkway, oakland, ca 94607

Map

City: Oakland
County: Alameda
State: California
Longitude: -122.254
Latitude: 37.8197

Nearby Similar for Sale

$699,000

3,300 SF

Two-Unit Storefront Retail

Storefront property with two units and a small backyard, including one vacant space suitable for an owner-user or lease-up.

4820 International Boulevard, Oakland, CA 94601

View Details
$849,888

1,988 SF

Oakland Commercial Property on International Blvd

Established bakery and produce business on high-traffic International Blvd.

10228 International, Oakland, CA 94603

View Details
$789,000

3,131 SF

Vacant-Delivery Triplex Opportunity

Triplex for sale at 515 28th St, delivered vacant and suited for renovation or owner-use planning.

515 28th St, Oakland, CA 94609

View Details
$795,000

3,420 SF

Two-Story Fourplex with Updated Units

Two-story fourplex offers four updated 2-bed/1-bath units with dedicated parking and garage space.

2256 83Rd Ave, Oakland, CA 94605

View Details
$895,000

2,916 SF

Fourplex with Private Entries

Fully occupied fourplex with separate utility meters and assigned parking, with three units under active HACA HAP contracts.

978 75Th Ave, Oakland, CA 94621

View Details
$749,000

2,535 SF

Duplex with Rear Yard

Two-unit duplex offers one renovation-ready unit and a rear yard for expansion near Downtown and BART.

1032 Magnolia St, Oakland, CA 94607

View Details
$895,000

4,816 SF

Victorian Fourplex in Downtown Oakland

1909 fourplex with original character and updated roof.

667 10Th St, Oakland, CA 94607

View Details
$838,850

2,625 SF

Duplex with Attached Garage

Two separately metered units in a duplex with an attached 1-car garage and tenant-paid utilities.

1810 Adeline St, Oakland, CA 94607

View Details
$1,450,000

4,248 SF

Oakland Fourplex with Vacant Unit

Vintage fourplex near Lake Merritt with upside potential.

881 Erie St, Oakland, CA 94610

View Details
$1,470,000

3,656 SF

Oakland Triplex Near Pill Hill

Stabilized triplex near Kaiser, BART, and Lake Merritt.

2832 Summit St, Oakland, CA 94609

View Details
$998,000

1,661 SF

Remodeled Two-Home Property with ADU

Two remodeled homes on one lot, each with in-home laundry and air conditioning, offering flexible live/work rental options.

3017 Madeline St, Oakland, CA 94602

View Details
$589,950

1,557 SF

Duplex with Canyon View Deck

Two-unit duplex offers adaptable sleeping space and a living-room deck with canyon views for everyday comfort.

8600 Seneca, Oakland, CA 94605

View Details

For sale
Warehouses
CA
Oakland
94608
Macarthur Blvd

What type of property is this?

Warehouse - 5,850 SF warehouse on 6,280 SF lot in Oakland.

Where is this warehouse located?

The property is located at Macarthur Blvd Oakland, CA.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Prime North Oakland location in the I‑80/I‑880 corridor.; RU‑4 zoning with S‑13 Affordable Housing Overlay allows for versatile redevelopment options (residential or industrial).; **5,850 SF warehouse on a 6,280 SF lot.**

Macarthur Blvd, Oakland, CA 94608

5,850 SF warehouse on 6,280 SF lot in Oakland.

Property Features for Macarthur Blvd

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Two-Unit Storefront Retail

Oakland Commercial Property on International Blvd

Vacant-Delivery Triplex Opportunity

Two-Story Fourplex with Updated Units

Fourplex with Private Entries

Duplex with Rear Yard

Victorian Fourplex in Downtown Oakland

Duplex with Attached Garage

Oakland Fourplex with Vacant Unit

Oakland Triplex Near Pill Hill

Remodeled Two-Home Property with ADU

Duplex with Canyon View Deck

FAQs

Create New Password