Property profile

3731 Macarthur Blvd Oakland, CA 94619

FOR SALE
Retail space
Property ID
US09-9295764
3,500 SF 0.08 ac lot Built 1932
Individually Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,500 square foot freestanding retail storefront at 3731 MacArthur Boulevard in Oakland, California, presents a unique investment opportunity. Located in the coveted Inner Laurel neighborhood, this property boasts recent substantial renovations, including a brand new roof and upgraded electrical systems. The building features attractive exposed ceiling joists and abundant natural light provided by strategically placed skylights. A full HVAC system ensures year-round comfort, and the property includes two restrooms and a robust 200 AMP electrical service. The convenient location offers excellent access to major freeways and AC Transit, ensuring high visibility and accessibility for businesses. The property sits on a 3,500 square foot lot, and is currently vacant, providing immediate occupancy for a new tenant. The asking price is $995,000, translating to $300 per square foot. This property is ideal for a variety of retail uses and represents a compelling opportunity for investors seeking a well-maintained, high-traffic location in a thriving Oakland neighborhood. The Alameda County Assessor's Parcel Number (APN) is 030-1980-136. The property is zoned for retail use.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1932
Construction WOOD
Total area 3,500 SF
Lot 0.08 ac (3,500 SF)
APN 30-1980-136
UPID US09-9295764

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3731 Macarthur Blvd Oakland, CA 94619
Oakland metro Census 407000 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$844k
Blend (final) Blend
$650k

Owner & transaction history

since 2014
5 recorded transactions
2014
$483,000
2005
$535,000
2005
Price N/A
1991
$300,000
1966
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $845,000 +1.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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