Commercial Land with Existing
930 Pine, Oakland, CA 94607
For Sale
$868,000
Infill parcel with a freestanding structure and HBX-2 zoning with an S-13 affordable housing combining zone.
Property Size1,800 SF
Days on Market52
Property Features for 930 Pine
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Listing Agency:
V.H. Shakir Realty
Listed By:
Victor Shakir
(510) 798-4322
Source:
Coastandcore
Added: Sep 19
Changed: Nov 3
Last Checked: Nov 8 at 12:20PM
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 V.H. Shakir Realty
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Investment Insights
Based on property information with market context.
This infill commercial land parcel includes a 4,791 SF site and an existing freestanding building of approximately 1,800 SF. The structure has an open industrial-style layout, approximately 14-foot ceilings, and a roll-up door, offering present utility for storage, warehouse, or other permitted uses. The property is offered AS-IS and requires work.
Zoning is HBX-2 with an S-13 Affordable Housing Combining Zone. Residential, mixed-use, and affordable housing development may be possible subject to City of Oakland requirements, approvals, and independent verification of permitted uses and development standards. The West Oakland setting provides access to Downtown Oakland, major transportation corridors, and the Port of Oakland.
Zoning is HBX-2 with an S-13 Affordable Housing Combining Zone. Residential, mixed-use, and affordable housing development may be possible subject to City of Oakland requirements, approvals, and independent verification of permitted uses and development standards. The West Oakland setting provides access to Downtown Oakland, major transportation corridors, and the Port of Oakland.
Key Highlights
- 4,791 SF infill parcel with an existing approximately 1,800 SF freestanding building
- HBX‑2 zoning with S‑13 Affordable Housing Combining Zone
- Approximately 14‑foot ceilings and a roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,740
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,800
$534.8K
Cap Rate 7%
$382,000
$382.0K
Cap Rate 9%
$297,111
$297.1K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$34.3K $19.08/SF
− Vacancy
−$2.9K −$1.60/SF
EGI
$31.5K $17.48/SF
− OpEx
−$4.7K −$2.62/SF
NOI
$26.7K $14.86/SF
Area
Oakland, CA
Vacancy
8.40%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,800
Cap Rate 7%
$382,000
Cap Rate 9%
$297,111
Alternative Uses
Best Use
Warehouse
$382.0K
$334.3K – $445.7K
NOI $26,740 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$589.3K
$515.7K – $687.5K
NOI $41,252 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Commercial land in Oakland
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Commercial land - Infill parcel with a freestanding structure and HBX-2 zoning with an S-13 affordable housing combining zone.
Where is this commercial land located?
The property is located at 930 Pine Oakland, CA.
What is the asking price?
The asking price for this property is $868,000.
What are key features of this property?
This property features: 4,791 SF infill parcel with an existing approximately 1,800 SF freestanding building; HBX‑2 zoning with S‑13 Affordable Housing Combining Zone; Approximately 14‑foot ceilings and a roll‑up door
