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Leased Land in Alameda
For Sale
$695,000

2308 Encinal Ave, Alameda, CA 94501

Vacant lot with long-term lease and income.

Property SizeContact for details
Days on Market440

Property Features for 2308 Encinal Ave

General Information

Standard status Active
Listing Agency: BHHS DRYSDALE PROPERTIES
Listed By: RICH KRINKS
Source: Corcoran
Added: Jun 19, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 BHHS DRYSDALE PROPERTIES

Investment Insights

Based on property information with market context.

This is a vacant lot featuring a long-term lease that extends through November 30, 2060. The current rental income is $2,567 per month, with annual increases of 5%. The tenant has a sublease agreement with a local cable and communications provider. The lot is approximately 7,000 square feet. Prospective buyers are advised to consult with the City of Alameda Planning Department to verify permitted uses and development options due to the zoning regulations.

Key Highlights

  • Long‑term lease in place through November 30, 2060
  • Existing monthly rent of $2,567
  • Annual rent increases of 5%

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Food Market HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,713
Businesses Nearby

Demographics for 94501, CA

64,116
Population
27,117
Households
2.4
Avg Household Size
41
Median Age
58%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
8,015
Density / Sq Mi
$119,500
Median Household Income
$75,514
Median Earnings
$2,362
Median Rent
$1,213,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant lot with long-term lease and income.
Where is this commercial land located?
The property is located at 2308 Encinal Ave Alameda, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Long‑term lease in place through November 30, 2060; Existing monthly rent of $2,567; Annual rent increases of 5%
More about this property
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