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Property profile & analytics
OFF-MARKET Estimated value $250,000
Industrial properties

950 Grand Ave Oakland, CA 94607-3576

1,551 SF 2.97 ac lot Built 2021
Entity Owned Free & Clear
Property ID
US09-7589274
Property summary
AI-generated overview

This exceptional investment opportunity presents a vacant, newly constructed (2021) Class B retail condominium located at 950 W Grand Ave, Oakland, CA 94607. The property, a corner unit within a shopping center, offers 1,551 square feet of space, priced at $370,000 ($270.15/sq ft). The property is zoned CC-2 Community Commercial District and benefits from a highly desirable location less than a mile from the 19th Street Oakland BART station, providing excellent access to public transportation. Its strategic position also ensures high foot traffic from the surrounding residential neighborhood and convenient access to major freeways (80, 880, and 980). The property is currently vacant, offering immediate occupancy and flexibility for a wide range of retail uses. This NNN lease type property boasts a 6.50% cap rate, making it an attractive investment for both individual owners and portfolio investors. The building is a recent construction, minimizing potential maintenance and repair costs in the near future. This is a rare opportunity to acquire a well-situated, modern retail space in a thriving Oakland neighborhood. Note that this is one of three available units within the shopping center

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2021
Construction WOOD
Total area 1,551 SF
Lot 2.97 ac (129,453 SF)
APN 5-430-158
UPID US09-7589274
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
Nourish Grand Holdings LLC
Nourish Grand Holdings LLC
since 2025
Last sale
$335,000
2 recorded transactions
2025
$285,000
2022
$335,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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