4203 Macarthur Blvd Oakland, CA 94619
- Retail space
- 1,401 SF
- 0.06 lot acres
Current Use by Public Records
- Pet Choice / Pet Groomer / Dog Day Care Center
Property Details for 4203 Macarthur Blvd
- Year built
- 1946
- Construction
- WOOD
- Lot size
- 0.06 lot acres
- Property size
- 1,401 SF
- Property type
- Retail space
- APN
- 30-1981-128
- APU
- 301981128
Description
This exceptional 0.05-acre commercial lot is ideally situated on a corner in Oakland's vibrant Laurel District. Boasting high visibility and excellent accessibility, this property presents a unique investment opportunity. Its prime location offers immediate proximity to a diverse mix of businesses, including various restaurants, clothing boutiques, auto supply stores, banks, and even a veterinary hospital. The high foot traffic and strong local economy make this an attractive location for a variety of commercial ventures. The property's corner location ensures maximum exposure to potential customers. Furthermore, its convenient access to Interstate 580 and California State Route 13 provides easy commutes for both employees and customers. This presents a rare chance to acquire a well-positioned commercial lot in a thriving Oakland neighborhood. The property is ready for development, offering significant potential for future growth and return on investment. The asking price of $699,000 reflects the exceptional location and development potential of this unique offering. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $430,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $410,000
- Mixed-Use
- $365,000
- Hospitality
- $425,000
- Educational
- $380,000
- Residential Income
- $380,000
- Energy
- $360,000
- Income-Based Land
- $435,000
- Food Service
- $415,000
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.196
- Latitude
- 37.7883
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA