Oakland Commercial Building For
954 86Th Ave, Oakland, CA 94621
For Sale
$840,000
Commercial building suitable for light industrial, manufacturing, warehousing, or auto service.
Property Size3,332 SF
Price / SF$252.10
Days on Market308
Property Features for 954 86Th Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
Other
Rolled Composition Roof
Street Parking
Building Details
Year Built
Listing Agency:
BCRE
(510) 222-0900
Listed By:
EDDER BARCENAS-CORTEZ · License #02152984
(510) 206-6526
Source:
Corcoran
Added: Jan 6
Changed: Aug 14
Last Checked: Aug 14 at 7:22AM
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 BCRE
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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.
This commercial property in Oakland presents an opportunity for business owners or investors. It is suitable for owner occupancy or investment purposes, with potential uses including light industrial, light manufacturing, warehousing, storage, and auto service. The property includes office space, storage areas, a full bathroom, and a half bathroom. Updates have been made to the electrical panels, roof, and tankless water heater. The building offers potential for long-term stability and business growth.
Key Highlights
- Suitable for various business purposes including light industrial, light manufacturing, warehousing, storage, and auto service.
- Opportunity for owner‑occupancy or investment.
- Includes office space and storage areas, plus a full and half bathroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,781
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,620
$935.6K
Cap Rate 7%
$668,300
$668.3K
Cap Rate 9%
$519,789
$519.8K
Market Conditions
NOI Build-Up for 3,332 SF
Gross rent
$80.0K $24.00/SF
− Vacancy
−$8.0K −$2.40/SF
EGI
$72.0K $21.60/SF
− OpEx
−$25.2K −$7.56/SF
NOI
$46.8K $14.04/SF
Area
Oakland, CA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,620
Cap Rate 7%
$668,300
Cap Rate 9%
$519,789
Alternative Uses
Best Use
Flex RnD
$668.3K
$584.8K – $779.7K
NOI $46,781 @ 7.0% cap · market cap 5.57%
Second Best
Industrial
$582.3K
$509.6K – $679.4K
NOI $40,764 @ 7.0% cap · market cap 4.85%
Theoretical Best
Multifamily LT 5
$1.09M
$954.5K – $1.27M
NOI $76,362 @ 7.0% cap · market cap 9.09%
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
904
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94621, CA
35,816
Population
11,078
Households
3.2
Avg Household Size
32
Median Age
13%
College-Educated
67%
High-School Grad
8.5 sq mi
ZIP Area
4,214
Density / Sq Mi
$53,106
Median Household Income
$35,199
Median Earnings
$1,527
Median Rent
$537,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Oakland, CA
Properties on Market for Flex space in Oakland
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Polynesian Vibe LLC — 9327 International Blvd, Oakland, CA 94603
- MexiQ Catering Company — 90nd Ave, (Walnut &, Plymouth St, Oakland, CA 94603
Frequently Asked Questions
What type of property is this?
Flex space - Commercial building suitable for light industrial, manufacturing, warehousing, or auto service.
Where is this flex space located?
The property is located at 954 86Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Suitable for various business purposes including light industrial, light manufacturing, warehousing, storage, and auto service.; Opportunity for owner‑occupancy or investment.; Includes office space and storage areas, plus a full and half bathroom.
