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    966 81St Ave Oakland, CA 94621

    Sponsored
    For Sale
    Contact for pricing

    Prime Oakland commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.71-acre commercial land parcel, located at 966 81st Avenue in Oakland, California (zip code 94621, APN 42-4547-1), presents a unique investment opportunity. Zoned CIX-2, this property offers significant potential for various commercial developments. The site boasts a fully secured perimeter with an iron rod gate at the entry, ensuring security and peace of mind. Currently leased until September 2024, this provides immediate income potential for investors. Its strategic location offers unparalleled access to major transportation arteries and key regional destinations. Less than one mile from I-880, this property benefits from easy freeway access, connecting to the broader Bay Area network. Furthermore, its proximity to Oakland International Airport (3 miles), Downtown Oakland (7 miles), the Port of Oakland (8 miles), and even Downtown San Francisco (17 miles) makes it exceptionally attractive. For businesses seeking a central Bay Area location with convenient access to major transportation hubs and key commercial centers, this property is an ideal choice. The property's location within Alameda County offers access to a robust infrastructure and a thriving business environment. Consider the potential for development in this dynamic and rapidly growing region, just 36 miles from Silicon Valley. Contact us for pricing and further details.

    Property Features for 966 81St Ave

    General Information

    Property type
    Land
    Lot Size
    74,488 SF

    HighLights

    • Price Upon Request.
    • 1.71‑Acre Site.
    • Secure perimeter with gated entry.
    • Lease expires September 2024.
    • Less than one mile to I‑880.
    • Central Bay Area location.
    Property Profile Location Intelligence

    Current Use by Public Records

    AJW Construction Paving Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.185951
    Latitude
    37.751956

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    FAQs

    What type of property is this?
    Land - Prime Oakland commercial land, ideal for development.
    Where is this land located?
    The property is located at 966 81St Ave Oakland, CA.
    What are key features of this property?
    This property features: Price Upon Request.; 1.71-Acre Site.; Secure perimeter with gated entry.
    Request Owner's contact information
    966 81St Ave Oakland, CA 94621
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    Oakland, CA 94621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    966 81St Ave Oakland, CA 94621
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