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Property profile & analytics
OFF-MARKET Estimated value $995,000
Strip malls

5424 International Blvd Oakland, CA 94601-5704

7,028 SF 0.81 ac lot Built 1946
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US09-8015992
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Same Day Dumpsters General Contractor Waste Management Facility
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
Tony N|truong Lynn T Tieu · 11 yrs held
Tony N|truong Lynn T Tieu
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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