Oakland Gas Station on Large
2120 Montana St Oakland, CA
For Sale
Contact for pricing
Shell gas station on 17,891 sq ft lot in Oakland.
Property Size17,891 SF
Lot Size0.32 Acres
Price / SF$321.39
Days on Market401
Property Features for 2120 Montana St
General Information
Standard status
Active
Size
17,891 SF
Lot size
0.32 Acres
Property subtype
RETAIL
Listing Agency:
Retail Petroleum Sales
(650) 924-6270
Listed By:
Ryan Young
Source:
Moodyscre
Added: Jun 24, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:41AM
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 Retail Petroleum Sales
Investment Insights
Based on property information with market context.
Located at 2120 Montana Street, Oakland, CA, this Shell-branded gas station presents a business opportunity. The property is situated on a 17,891 sq. ft. lot, which includes the adjoining APN #26-834-1 located at 3333 Fruitvale. The Fruitvale parcel is currently rented to an EV Charging company for an 8-year term. The property benefits from its high-traffic location off CA HWY 580, capturing the energy of Oakland's Diamond District at the intersection of Montana and Fruitvale. This high-visibility location is suitable for investors.
Key Highlights
- High‑traffic location off CA HWY 580 in Oakland's Diamond District.
- Generous 17,891 sq. ft. lot including adjoining parcel.
- Shell‑branded gas station.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $558.2k | $31.20 |
| − Vacancy | −$27.9k | −$1.56 |
| EGI | $530.3k | $29.64 |
| − OpEx | −$132.6k | −$7.41 |
| NOI | $397.7k | $22.23 |
17,891 SF · lease $31.20/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$5.68M
$4.97M – $6.63M
NOI $397,717 @ 7.0% cap · market cap 6.92%
Second Best
Retail
$4.96M
$4.34M – $5.78M
NOI $346,892 @ 7.0% cap · market cap 6.03%
Theoretical Best
Multifamily LT 5
$5.86M
$5.13M – $6.83M
NOI $410,022 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Gas station - Shell gas station on 17,891 sq ft lot in Oakland.
Where is this gas station located?
The property is located at 2120 Montana St Oakland, CA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: High‑traffic location off CA HWY 580 in Oakland's Diamond District.; Generous 17,891 sq. ft. lot including adjoining parcel.; Shell‑branded gas station.
