Storefront
For Sale
$80,000
324 10th Street - Condo/s, Oakland, CA 94607
A 1920-built Oakland commercial storefront is zoned for commercial use.
Property Size300 SF
Price / SF$266.67
Days on Market11
Property Features for 324 10th Street - Condo/s
General Information
Standard status
Active
Size
300 SF
Zoning
Commercial
Building Details
Building Size
300 SF
Year Built
1920
Listing Agency:
Compass
Listed By:
Willem Bos · License #02013980
(916) 698-9954
Source:
Evrealestate
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 14 at 11:19PM
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 Compass
Investment Insights
Based on property information with market context.
This commercial storefront property dates to 1920 and carries commercial zoning. The address is 324 10th Street in Oakland, California.
The property is on 10th Street between Harrison and Webster. It is identified as a condo, with a stated property size of 300.
The property is on 10th Street between Harrison and Webster. It is identified as a condo, with a stated property size of 300.
Key Highlights
- Built in 1920
- Commercial zoning
- Located on 10th Street between Harrison and Webster
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,817
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,340
$116.3K
Cap Rate 7%
$83,100
$83.1K
Cap Rate 9%
$64,633
$64.6K
Market Conditions
NOI Build-Up for 300 SF
Gross rent
$8.8K $29.28/SF
− Vacancy
−$474 −$1.58/SF
EGI
$8.3K $27.70/SF
− OpEx
−$2.5K −$8.31/SF
NOI
$5.8K $19.39/SF
Area
Oakland, CA
Vacancy
5.40%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,340
Cap Rate 7%
$83,100
Cap Rate 9%
$64,633
Alternative Uses
Best Use
Retail
$83.1K
$72.7K – $97.0K
NOI $5,817 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$98.2K
$85.9K – $114.6K
NOI $6,875 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
9,062
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 42%
Hotels & Casinos 2%
McDonald's
Dining
13,504 visits/mo
0.2 miles
Shell
Shops & Services
11,553 visits/mo
0.4 miles
Mountain Mike's Pizza
Dining
2,457 visits/mo
0.4 miles
Caliber Collision
Shops & Services
1,458 visits/mo
0.2 miles
Gyu-Kaku Japanese BBQ
Dining
1,293 visits/mo
0.3 miles
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
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
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Similar Off Market Nearby
- Elaine's Flowers — 295 9th St, Oakland, CA 94607
- From the Heart Florist — 1016 Webster St, Oakland, CA 94607
- Oakland Florist — 1101 Webster St, Oakland, CA 94607
- SLAK Flowers — 388 9th St, Oakland, CA 94607
- Family Flower Shop — 320 10th St ste 123, Oakland, CA 94607
Frequently Asked Questions
What type of property is this?
Storefront property - A 1920-built Oakland commercial storefront is zoned for commercial use.
Where is this storefront property located?
The property is located at 324 10th Street - Condo/s Oakland, CA.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Built in 1920; Commercial zoning; Located on 10th Street between Harrison and Webster
