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Oakland Gas Station on Large Lot

2120 Montana St Oakland, CA

2120 Montana St, Oakland, CA, 00000
Contact for pricing
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 Market394

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
Listed by Ryan Young
Source Moodyscre
Added: Jun 24, 2025 Updated: Jul 6 at 9:32AM 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.

Local 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 (±1% cap)
NOI $397,717 @ 7.0% cap · market cap 6.92%
Second Best
Retail
$4.96M
$4.34M – $5.78M (±1% cap)
NOI $346,892 @ 7.0% cap · market cap 6.03%
Theoretical Best
Multifamily LT 5
$5.86M
$5.13M – $6.83M (±1% cap)
NOI $410,022 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shell Gas Station ATM Atm

Suggested Use

Real Estate Agency Law Firm Big Box & Wholesale Store Skin Care Clinic Auto Parts Store HVAC Service Pharmacy Auto Repair Shop Furniture & Home Goods Bakery

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

FAQs

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.
Contact an agent
(650) 924-6270 Call to check price and availability
More about this property
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