Storefront Building with Display
New
For Sale
$750,000
5383 Bancroft Ave, Oakland, CA 94601
Vacant commercial space features two independent street entries and a broad, open main floor.
Property Size3,600 SF
Lot Size0.11 Acres
Price / SF$208.33
Days on Market3
Property Features for 5383 Bancroft Ave
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.11 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Fairfax Business
Taxes and HOA fees
Annual Taxes
$10,500
Building Details
Year Built
1918
Buildings
1
Listing Agency:
Sereno
Listed By:
Wilson Stephens
(925) 428-3351
Source:
Elliman
Added: Nov 1
Last Checked: Nov 3 at 7:14AM
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 Sereno
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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.
At 5383 Bancroft Ave, this vacant storefront building combines two street-level entrances with a spacious main floor featuring wood flooring, a skylight, and a line of columns. Display windows face the street. Upper-level rooms add to the building’s layout, while the lower level contains a kitchen area with a three-compartment sink and range, plus a restroom. A rear deck and yard are also present.
Public records indicate approximately 3,600 SF of building area on a lot of about 4,800 SF. The property was built in 1918; buyers should verify these records. It sits on Bancroft Ave between Foothill Blvd and Wentworth Ave in Oakland’s 94601 trade area.
Public records indicate approximately 3,600 SF of building area on a lot of about 4,800 SF. The property was built in 1918; buyers should verify these records. It sits on Bancroft Ave between Foothill Blvd and Wentworth Ave in Oakland’s 94601 trade area.
Key Highlights
- Vacant storefront with two street‑level entrances
- Approximately 3,600 SF of building area on a lot of about 4,800 SF
- Built in 1918; buyer to verify public‑record information
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,741
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,820
$1.2M
Cap Rate 7%
$839,157
$839.2K
Cap Rate 9%
$652,678
$652.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$90.7K $25.20/SF
− Vacancy
−$6.8K −$1.89/SF
EGI
$83.9K $23.31/SF
− OpEx
−$25.2K −$6.99/SF
NOI
$58.7K $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%
$1,174,820
Cap Rate 7%
$839,157
Cap Rate 9%
$652,678
Alternative Uses
Best Use
Retail
$839.2K
$734.3K – $979.0K
NOI $58,741 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,718 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Electronics 28%
Apparel 21%
U-Haul of Oakland
Shops & Services
4,165 visits/mo
0.4 miles
Cricket Wireless Authorized Retailer
Electronics
2,271 visits/mo
0.5 miles
Melrose
Apparel
1,726 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
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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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant commercial space features two independent street entries and a broad, open main floor.
Where is this storefront property located?
The property is located at 5383 Bancroft Ave Oakland, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Vacant storefront with two street‑level entrances; Approximately 3,600 SF of building area on a lot of about 4,800 SF; Built in 1918; buyer to verify public‑record information
