8-Unit Storefront
New
For Sale
Contact for pricing
329 14TH ST, Oakland, CA 94612
Historic multi-unit retail building with D-DT-P zoning in Oakland.
Property Size4,850 SF
Price / SF$288.66
Days on Market7
Property Features for 329 14TH ST
General Information
Standard status
Active
Size
4,850 SF
Property subtype
Retail
Zoning
D-DT-P
Occupancy
100%
Lease Type
NN
Building Details
Year Built
1920
Buildings
1
Stories
2
Units
8
Tenancy
Multi
Listing Agency:
BellStreet
(303) 731-5800
Listed By:
Jake Janosky · License #02287133
Source:
Crexi
Added: Aug 4
Changed: Aug 10
Last Checked: Aug 10 at 6:09AM
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 BellStreet
Investment Insights
Based on property information with market context.
The property is an 8-unit storefront building containing approximately 4,850 square feet. Constructed in 1920, the asset offers a historic commercial character suited to a multi-tenant retail configuration. D-DT-P zoning provides the governing land-use designation for the property.
Located at 329 14th St in Oakland, California, the building is positioned within an established urban retail setting. Its storefront format and multiple-unit layout support a range of retail occupancy arrangements, subject to applicable zoning and regulations.
Located at 329 14th St in Oakland, California, the building is positioned within an established urban retail setting. Its storefront format and multiple-unit layout support a range of retail occupancy arrangements, subject to applicable zoning and regulations.
Key Highlights
- 8‑unit storefront building
- Approximately 4,850 SF of building area
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$94,038
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,880,760
$1.9M
Cap Rate 7%
$1,343,400
$1.3M
Cap Rate 9%
$1,044,867
$1.0M
Market Conditions
NOI Build-Up for 4,850 SF
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.
Gross rent
$142.0K $29.28/SF
− Vacancy
−$7.7K −$1.58/SF
EGI
$134.3K $27.70/SF
− OpEx
−$40.3K −$8.31/SF
NOI
$94.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,880,760
Cap Rate 7%
$1,343,400
Cap Rate 9%
$1,044,867
Alternative Uses
Best Use
Retail
$1.34M
$1.18M – $1.57M
NOI $94,038 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.59M
$1.39M – $1.85M
NOI $111,151 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9,768
Businesses Nearby
34k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 47%
Hotels & Casinos 2%
McDonald's
Dining
13,504 visits/mo
0.2 miles
Chase Bank
Shops & Services
5,019 visits/mo
0.4 miles
Wells Fargo
Shops & Services
4,584 visits/mo
0.4 miles
Union Bank
Shops & Services
2,883 visits/mo
0.4 miles
Mountain Mike's Pizza
Dining
2,457 visits/mo
0.3 miles
Demographics for 94612, CA
19,773
Population
11,928
Households
1.7
Avg Household Size
38
Median Age
54%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
19,773
Density / Sq Mi
$77,069
Median Household Income
$70,221
Median Earnings
$1,936
Median Rent
$814,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Elaine's Flowers — 295 9th St, Oakland, CA 94607
- SLAK Flowers — 388 9th St, Oakland, CA 94607
- Family Flower Shop — 320 10th St ste 123, Oakland, CA 94607
- From the Heart Florist — 1016 Webster St, Oakland, CA 94607
- Oakland Florist — 1101 Webster St, Oakland, CA 94607
Frequently Asked Questions
What type of property is this?
Storefront property - Historic multi-unit retail building with D-DT-P zoning in Oakland.
Where is this storefront property located?
The property is located at 329 14TH ST Oakland, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8‑unit storefront building; Approximately 4,850 SF of building area; Built in 1920
