Property profile

635 Grand Ave Oakland, CA 94612

OFF-MARKET
Retail space
Property ID
US09-6544319
2,945 SF 0.12 ac lot Built 1966
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,945-square-foot auto shop, located at 635 West Grand Avenue in Oakland, California, presents a compelling investment opportunity. Built in 1966, this single-building property sits on a sizable 5,175-square-foot lot, offering ample space for operations and potential expansion. The building features convenient side and rear roll-up doors, providing easy access to the open flex space, ideal for various automotive uses. Zoned as Downtown District Mixed Commercial (D-DT-CX, S-13 per City of Oakland), this property benefits from its high-traffic location on a major Oakland thoroughfare, ensuring excellent street visibility. Its strategic position offers easy access to Downtown Oakland, Uptown, and major freeways, while also being near a variety of restaurants, shops, and entertainment venues. The land value is $407 per square foot. The asking price is $1,200,000. This property is perfectly suited for an owner-user seeking a strong presence in a rapidly developing area of Oakland. The property's APN is 008-0659-026-00 and the zip code is 94612.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Construction TILT-UP CONCRETE
Total area 2,945 SF
Lot 0.12 ac (5,175 SF)
APN 8-659-26
UPID US09-6544319

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
  • Auto Repair Shop (Bike/Boat/Book/etc) Store

Location

635 Grand Ave Oakland, CA 94612-1620
Oakland metro Census 402801 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2013
Price N/A
2000
Price N/A
2000
Price N/A
1974
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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