635 Grand Ave Oakland, CA 94612
- Retail space
- 2,945 SF
- 0.12 lot acres
Current Use by Public Records
- Gallardo Glass Co Inc / Auto Glass Shop
Property Details for 635 Grand Ave
- Year built
- 1966
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.12 lot acres
- Property size
- 2,945 SF
- Property type
- Retail space
- APN
- 8-659-26
- APU
- 865926
Description
This exceptional 2,945-square-foot auto shop, located at 635 West Grand Avenue in Oakland, California, presents a compelling investment opportunity. Built in 1966, this single-building property sits on a sizable 5,175-square-foot lot, offering ample space for operations and potential expansion. The building features convenient side and rear roll-up doors, providing easy access to the open flex space, ideal for various automotive uses. Zoned as Downtown District Mixed Commercial (D-DT-CX, S-13 per City of Oakland), this property benefits from its high-traffic location on a major Oakland thoroughfare, ensuring excellent street visibility. Its strategic position offers easy access to Downtown Oakland, Uptown, and major freeways, while also being near a variety of restaurants, shops, and entertainment venues. The land value is $407 per square foot. The asking price is $1,200,000. This property is perfectly suited for an owner-user seeking a strong presence in a rapidly developing area of Oakland. The property's APN is 008-0659-026-00 and the zip code is 94612.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $350,000
- 6.5%
- $370,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $395,000
- Mixed-Use
- $385,000
- Hospitality
- $385,000
- Educational
- $435,000
- Residential Income
- $390,000
- Energy
- $395,000
- Income-Based Land
- $355,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.272
- Latitude
- 37.8121
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA