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Property profile & analytics
FOR SALE
Retail space

2712 Park Boulevard Way Oakland, CA 94606

11,022 SF Built 1950
Property ID
US09-Q024530
Property summary
AI-generated overview

Seller says get it sold! Fantastic opportunity w/amazing Commercial properties ready to go and ready for build out. Rarely available 75% vacant building w/adjacent vacant lot excellent frontage for an exceptional investment in the heart of vibrant Ivy Hill. Highlights: Multi-Faceted Property: A multi-use building w/ 5 vacant spacious commercial units within the building 6 well-appointed 1BD/1BA residential apartments in a highly desirable rental market (3 vacant). The frontage commercial spaces offer excellent income potential and are perfect for a variety of businesses, from retail shops to professional offices. Total interior measures approximately 9,700 SF, ensuring ample room for both residential commercial purposes. - Adjacent Vacant Land Lot: Poised to deliver substantial returns at ~3,000 SF. Presents a fantastic opportunity for development or expansion, adding more value. Previously used as a parking lot to the adjacent commercial buildings. With the Commercial Building the Floor-Area-Ratio increases for development. - Versatile Zoning: Property benefits from flexible zoning regulations, opening doors to multiple investment avenues, including residential, commercial, or a combination. Abundant Space: ~10k SF Total Lot per Appraiser Total Bldg ~10,943 SF.

Property profile
Verified
Property type Retail space
Year built 1950
Total area 11,022 SF
UPID US09-Q024530
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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