Equipped Auto Repair
For Sale
$3,750,000
2344 E 12th St, Oakland, CA 94601
The facility supports collision, paint, body, and mechanical work and includes an established customer base.
Property Size7,500 SF
Price / SF$500
Days on Market124
Property Features for 2344 E 12th St
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Commercial
Zoning
Commercial
Financials
Business Included
Yes
Opportunity Zone
Yes
Site & Location
Neighborhood
Fruitvale
Additional Details
Automotive Uses
collision/body shop, auto repair
Real Estate Included
Yes
Building Details
Building Size
7,500 SF
Year Built
1943
Listing Agency:
Michael James Real Estate
(510) 835-2828
Listed By:
Denise MaNguyen · License #01372628
(510) 593-7367
Source:
Equityfirstre
Added: Jun 24
Changed: Oct 23
Last Checked: Oct 23 at 5:11PM
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 Michael James Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,500-square-foot auto repair property in Oakland is equipped for paint, body, collision, and mechanical repair work. The building dates to 1943 and is zoned Commercial. The established operation includes an experienced team and customer base, and the business may be acquired with the real estate or separately.
The property is at 2344 E 12th St in an Opportunity Zone. Its repair capabilities span collision, body, paint, and mechanical services.
The property is at 2344 E 12th St in an Opportunity Zone. Its repair capabilities span collision, body, paint, and mechanical services.
Key Highlights
- 7,500‑square‑foot auto repair property
- Equipped for paint, body, collision, and mechanical repair
- Established customer base and experienced team
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,377
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,447,540
$2.4M
Cap Rate 7%
$1,748,243
$1.7M
Cap Rate 9%
$1,359,744
$1.4M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$189.0K $25.20/SF
− Vacancy
−$14.2K −$1.89/SF
EGI
$174.8K $23.31/SF
− OpEx
−$52.4K −$6.99/SF
NOI
$122.4K $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%
$2,447,540
Cap Rate 7%
$1,748,243
Cap Rate 9%
$1,359,744
Alternative Uses
Best Use
Retail
$1.75M
$1.53M – $2.04M
NOI $122,377 @ 7.0% cap · market cap 3.26%
Second Best
Industrial
$1.31M
$1.15M – $1.53M
NOI $91,756 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$3.06M
$2.67M – $3.57M
NOI $213,996 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,927
Businesses Nearby
129k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 42%
Apparel 7%
Groceries 4%
Dollar Tree
Shops & Services
33,300 visits/mo
0.1 miles
McDonald's
Dining
28,208 visits/mo
0.1 miles
Jack in the Box
Dining
18,396 visits/mo
0.1 miles
76
Shops & Services
14,162 visits/mo
0.2 miles
El Pollo Loco
Dining
12,576 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Oakland C&G Towing — 611 Derby Ave, Oakland, CA 94601
- Rocket Towing — 3004 Chapman St, Oakland, CA 94601
- Modern Classic Motors — 3042 Ford St, Oakland, CA 94601
- Miles Tow — 616 Derby Ave, Oakland, CA 94601
- Rolo Tech — 3711 San Leandro St, Oakland, CA 94601
Frequently Asked Questions
What type of property is this?
Auto shop - The facility supports collision, paint, body, and mechanical work and includes an established customer base.
Where is this auto shop located?
The property is located at 2344 E 12th St Oakland, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 7,500‑square‑foot auto repair property; Equipped for paint, body, collision, and mechanical repair; Established customer base and experienced team
