Oakland Retail Space For
For Sale
$289,000
990 West Grand Ave, Oakland, CA 94607
Retail space available for purchase in Oakland, California.
Property Size1,321 SF
Price / SF$218.77
Days on Market386
Property Features for 990 West Grand Ave
General Information
Standard status
Active
Size
1,321 SF
Zoning
CC-2
Listing Agency:
Brian A. Merrion, Broker
Listed By:
Brian Merrion · License #01940486
(415) 802-1400
Source:
Expcommercial
Added: Oct 1, 2025
Changed: Oct 21
Last Checked: Oct 20 at 5:02PM
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 Brian A. Merrion, Broker
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Investment Insights
Based on property information with market context.
A 1,321 square-foot retail space is available for sale in Oakland, California.
Key Highlights
- Year Built: 2021 (New Construction)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,613
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,260
$512.3K
Cap Rate 7%
$365,900
$365.9K
Cap Rate 9%
$284,589
$284.6K
Market Conditions
NOI Build-Up for 1,321 SF
Gross rent
$38.7K $29.28/SF
− Vacancy
−$2.1K −$1.58/SF
EGI
$36.6K $27.70/SF
− OpEx
−$11.0K −$8.31/SF
NOI
$25.6K $19.39/SF
Area
Oakland, CA
Vacancy
5.40%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,260
Cap Rate 7%
$365,900
Cap Rate 9%
$284,589
Alternative Uses
Best Use
Retail
$365.9K
$320.2K – $426.9K
NOI $25,613 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$432.5K
$378.4K – $504.6K
NOI $30,274 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,033
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 16%
Electronics 3%
AMPM
Shops & Services
15,078 visits/mo
0.2 miles
AutoZone
Shops & Services
7,492 visits/mo
0.4 miles
Twin Peaks
Dining
5,983 visits/mo
0.4 miles
StorQuest Self Storage
Shops & Services
2,471 visits/mo
0.4 miles
StorageMart
Shops & Services
1,653 visits/mo
0.5 miles
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
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
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase in Oakland, California.
Where is this retail space located?
The property is located at 990 West Grand Ave Oakland, CA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Year Built: 2021 (New Construction)
