5800 Christie Ave Emeryville, CA 94608-1911
This exceptional 0.79-acre commercial property, located at 5800 Christie Ave in Emeryville, California (zip code 94608), presents a significant redevelopment opportunity for owner-users. The asking price is $8,950,000. The site boasts a highly visible 16,000 square-foot building constructed in 1968, situated at a signalized intersection just one block from Interstate 80, Amtrak, and the Public Market. Its strategic location, 2.3 miles from the Bay Bridge toll plaza, ensures maximum exposure. The property features flexible zoning, allowing for a diverse range of uses including mixed-use, multi-residential, assisted living, office, hotel, retail, and cannabis sales. The existing building provides immediate income potential while offering the possibility of substantial vertical development. The Transit Hubs (TH) Overlay and Mixed Use with Residential (MUR) zoning make this an ideal location for a high-density project. The property includes 33 parking spaces. The seller is open to considering offers with expedited closing timelines and potentially reduced pricing for quicker transactions and shorter due diligence periods. The site's proximity to numerous ongoing vertical developments in Emeryville, a preferred location for retailers and life science companies, further underscores its investment potential. SBA financing is available for owner-users.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.