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Property profile & analytics
OFF-MARKET Estimated value $4,240,000
Flex space

707 Douglas Ave Oakland, CA 94603-3005

7,108 SF 0.23 ac lot Built 1950
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8550964
Property summary
AI-generated overview

This fully equipped food manufacturing facility presents a unique investment opportunity. Located at 707 Douglas Ave, Oakland, CA 94603, this single-tenant industrial building offers 7,398 square feet on a 0.23-acre lot. The property, classified as Class C, boasts a two-story structure built in 1950 and extensively renovated in 2021. It features heavy power and is zoned CIX-2/S-19, ideal for food production. All fixtures and equipment are included, making this a turnkey operation ready for immediate use. Strategically situated in Oakland's thriving East Bay industrial market, this property offers significant potential for expansion and growth within an established food manufacturing environment. The building's recent renovation ensures modern functionality and efficiency, while its location provides excellent access to transportation networks and a skilled workforce. This is a rare opportunity to acquire a fully operational and equipped food manufacturing facility in a prime Oakland location. Don't miss out on this chance to capitalize on the growing demand for food production space in the East Bay.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1950
Construction WOOD
Total area 7,108 SF
Lot 0.23 ac (10,000 SF)
APN 45-5276-7
UPID US09-8550964
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
  • Truffle Shuffle Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.30M
Blend (final) Blend
$4.24M
Owner & transaction history
Ramesh J Panchal · 3 yrs held
Ramesh J Panchal
since 2022
Last sale
$4.3M
7 recorded transactions
2022
$4.3M
2022
Price N/A
2020
$1.9M
2018
$1.1M
2014
Price N/A
2010
Price N/A
2010
$450,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $3.0M +47.1%
Restaurant $2.6M +24.7%
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