Technical
Financial
Distress signals
Property profile

5424 International Blvd Oakland, CA 94601

OFF-MARKET
Strip malls
Property ID
US09-8015992
7,028 SF 0.81 ac lot Built 1946
Individually Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.81-acre commercial lot, situated at 5424 International Boulevard in Oakland, California, presents a remarkable investment opportunity. Priced at $9,999,000, this property offers significant potential for high-density residential development. Preliminary assessments suggest the feasibility of constructing a multifamily project ranging from 150 to 200 units. The expansive lot size provides ample space for a substantial building footprint, allowing for a variety of design options to maximize unit count and optimize rental income. Given its location in Oakland, a vibrant and growing city, this property is well-positioned to benefit from the strong demand for housing in the area. The site's accessibility and proximity to key transportation routes and amenities further enhance its appeal to developers. This is a rare chance to acquire a large, commercially zoned parcel in a prime location, ready for the creation of a significant multifamily development. Detailed site plans and feasibility studies are available upon request. Serious inquiries only. The property is offered as-is. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1946
Construction TILT-UP CONCRETE
Total area 7,028 SF
Lot 0.81 ac (35,332 SF)
APN 35-2366-22-3
UPID US09-8015992

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor Waste Management Facility

Location

5424 International Blvd Oakland, CA 94601-5704
Oakland metro Census 407400 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
by Request
Blend (final) Blend
$995k

Owner & transaction history

since 2014
7 recorded transactions
2016
Price N/A
2014
$1.9M
2013
$1.8M
2012
$200,000
1983
Price N/A
1969
Price N/A
1969
Price N/A

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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