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Property profile & analytics
FOR SALE
Industrial land

966 81St Ave Oakland, CA 94621

39,690 SF 1.71 ac lot Built 1940
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7999426
Property summary
AI-generated overview

This exceptional 1.71-acre commercial and industrial land parcel presents a unique investment opportunity in Oakland, California. Located at 966 81st Avenue, this single-tenant property boasts a substantial 74,488 square feet of buildable space. The property's zoning designation is CIX-2, offering flexibility for a variety of commercial and industrial uses. Situated in Alameda County, the site is conveniently located near the intersection of 81st Avenue and 82nd Avenue, providing excellent access to major transportation routes. The parcel's APN is 42-4547-1. This expansive lot presents a rare chance to acquire a significant land holding in a thriving Oakland market. The property is currently available for lease, offering a strong potential for return on investment. Its size and strategic location make it ideal for businesses seeking a substantial footprint in a dynamic and growing area. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to secure a prime piece of Oakland real estate. The property's address is 966 81st Ave, Oakland, CA 94621.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 39,690 SF
Lot 1.71 ac (74,429 SF)
APN 42-4547-1
UPID US09-7999426
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
  • AJW Construction General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.21M
Blend (final) Blend
$4.72M
Owner & transaction history
Hp 966 Oakland LLC · 4 yrs held
Hp 966 Oakland LLC
since 2022
Last sale
$5.1M
5 recorded transactions
2022
$5.1M
2008
Price N/A
1999
$280,000
1997
$205,800
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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