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Property profile & analytics
OFF-MARKET
Auto shops

970 Macarthur Blvd Oakland, CA 94608-3950

0.1 ac lot
Individually Owned 32-yr Hold Free & Clear
Property ID
US09-9022855
Property summary
AI-generated overview

This exceptional commercial property, located at 970 Macarthur Blvd in Oakland, CA, presents a unique investment opportunity. Currently operating as a paint and auto body repair shop, the 0.1-acre lot offers significant potential for redevelopment. The owner is retiring and seeking a quick sale, presenting a compelling opportunity for a savvy investor. The property's strategic location is a key advantage, situated near BART, providing convenient access to public transportation. The proximity to Emeryville's shopping and amenities further enhances its appeal. The existing structure provides immediate income potential, while the zoning allows for exploration of various uses, including live-work spaces or residential income development. Its central location offers easy access to various transportation modes, facilitating seamless commutes to and from San Francisco. The property's potential for increased value is substantial, making it an attractive investment for those seeking a high-return opportunity in a thriving Bay Area location. Interested parties should independently verify current permitted uses with the City of Oakland to fully assess the range of development possibilities. This is a rare chance to acquire a well-positioned property with significant upside potential in a highly desirable area. The asking price is $1,500,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.1 ac (4,217 SF)
APN 12-956-37
UPID US09-9022855
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Berta Quezada · 32 yrs held
Berta Quezada
since 1993
3 recorded transactions
1993
$162,500
1990
$188,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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