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Property profile & analytics
FOR SALE
Retail space

3731 Macarthur Blvd Oakland, CA 94619

3,500 SF 0.08 ac lot Built 1932
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US09-9295764
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Wayne L Whelan · 11 yrs held
Wayne L Whelan
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $845,000 +1.3%
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More about this property
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