Corner Storefront
For Sale
$699,000
4203 Macarthur Blvd, Oakland, CA 94601
Commercial Sale, Oakland, CA
Property Size1,401 SF
Lot Size0.06 Acres
Price / SF$498.93
Days on Market63
Property Features for 4203 Macarthur Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Retail
Subdivision
Oakland
Lot features
Corner Lot, Strip Retail, Freeway Nearby, Public Transport Nearby, Restaurant Nearby, Warehouse
Directions
Exit 580 High Street.
Standard status
Active
APN
301981128
Size
1,401 SF
Lot size
0.06 Acres
Building Details
Year built
1946
Listing Agency:
Alliance Bay Realty
(510) 742-6600
Listed By:
Nam Ly · License #01895349
(510) 928-6888
Added: Jun 23
Changed: Aug 24
Last Checked: Aug 24 at 6:06PM
MLS# 41139319
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storefront property comprises 1,401 square feet on a 0.0574-acre corner lot. Constructed in 1946, the commercial building carries Retail zoning and is offered for sale.
The property is positioned in Oakland’s Laurel district, an area combining residential and commercial uses. Nearby businesses and services include food establishments, clothing shops, auto supply stores, banks, and a veterinary hospital. Interstate 580 and California State Route 13 are located nearby, providing access to regional routes.
The property is positioned in Oakland’s Laurel district, an area combining residential and commercial uses. Nearby businesses and services include food establishments, clothing shops, auto supply stores, banks, and a veterinary hospital. Interstate 580 and California State Route 13 are located nearby, providing access to regional routes.
Key Highlights
- 1,401‑square‑foot storefront property
- 0.0574‑acre corner lot
- Retail zoning
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
$22,860
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
3.27%
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%
$457,200
$457.2K
Cap Rate 7%
$326,571
$326.6K
Cap Rate 9%
$254,000
$254.0K
Market Conditions
NOI Build-Up for 1,401 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
$35.3K $25.20/SF
− Vacancy
−$2.6K −$1.89/SF
EGI
$32.7K $23.31/SF
− OpEx
−$9.8K −$6.99/SF
NOI
$22.9K $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 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%
$457,200
Cap Rate 7%
$326,571
Cap Rate 9%
$254,000
Alternative Uses
Best Use
Retail
$326.6K
$285.8K – $381.0K
NOI $22,860 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$571.1K
$499.7K – $666.2K
NOI $39,974 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 32%
Home Improvements & Furnishings 12%
Apparel 8%
Taco Bell
Dining
13,737 visits/mo
0.4 miles
Laurel Ace Hardware
Home Improvements & Furnishings
10,957 visits/mo
0.1 miles
Chevron
Shops & Services
9,768 visits/mo
0.4 miles
Citibank
Shops & Services
9,174 visits/mo
0.1 miles
Goodwill
Apparel
6,834 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner-lot retail space in Oakland’s Laurel district near I-580 and California State Route 13.
Where is this storefront property located?
The property is located at 4203 Macarthur Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,401‑square‑foot storefront property; 0.0574‑acre corner lot; Retail zoning
