Zoned CN-3 Retail
For Sale
$1,150,000
5300-5308 Foothill Blvd, Oakland, CA 94601
Retail building with two units totaling 5,350 SF, zoned CN-3, suitable for retail or street retail uses.
Property Size5,350 SF
Price / SF$214.95
Days on Market104
Property Features for 5300-5308 Foothill Blvd
General Information
Standard status
Active
Size
5,350 SF
Property subtype
Retail
Zoning
CN-3
Building Details
Building Size
5,350 SF
Listing Agency:
Brian A. Merrion, Broker
Listed By:
Brian Merrion · License #CalDRE #01940486
(415) 802-1400
Source:
7s
Added: Jun 25
Changed: Oct 2
Last Checked: Oct 5 at 4:31PM
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 Brian A. Merrion, Broker
Investment Insights
Based on property information with market context.
This retail building features approximately 5,350 SF divided into two separate units, offering flexibility for an owner-occupant or an investor seeking multiple income spaces. The property is positioned for retail or street retail use based on the existing zoning designation.
The property is located at 5300-5308 Foothill Blvd in Oakland, California, within a CN-3 zoning district.
With two distinct units in place and CN-3 zoning, the site is configured for businesses looking for street-facing retail space opportunities under the current land-use designation.
The property is located at 5300-5308 Foothill Blvd in Oakland, California, within a CN-3 zoning district.
With two distinct units in place and CN-3 zoning, the site is configured for businesses looking for street-facing retail space opportunities under the current land-use designation.
Key Highlights
- Retail building totaling 5,350 SF at 5300‑5308 Foothill Blvd
- Building is divided into 2 units
- Zoned CN‑3 for retail or street retail uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,296
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,745,920
$1.7M
Cap Rate 7%
$1,247,086
$1.2M
Cap Rate 9%
$969,956
$970.0K
Market Conditions
NOI Build-Up for 5,350 SF
Gross rent
$134.8K $25.20/SF
− Vacancy
−$10.1K −$1.89/SF
EGI
$124.7K $23.31/SF
− OpEx
−$37.4K −$6.99/SF
NOI
$87.3K $16.32/SF
Area
ZIP 94601
Vacancy
7.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,745,920
Cap Rate 7%
$1,247,086
Cap Rate 9%
$969,956
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.45M
NOI $87,296 @ 7.0% cap · market cap 7.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,650 @ 7.0% cap · market cap 13.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Electronics 28%
Apparel 21%
U-Haul of Oakland
Shops & Services
4,165 visits/mo
0.4 miles
Cricket Wireless Authorized Retailer
Electronics
2,271 visits/mo
0.5 miles
Melrose
Apparel
1,726 visits/mo
0.4 miles
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail building with two units totaling 5,350 SF, zoned CN-3, suitable for retail or street retail uses.
Where is this storefront property located?
The property is located at 5300-5308 Foothill Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Retail building totaling 5,350 SF at 5300‑5308 Foothill Blvd; Building is divided into 2 units; Zoned CN‑3 for retail or street retail uses
