324 10Th StOakland, CA 94607

Property Details for 324 10Th St

Year built

1920

Construction

TILT-UP CONCRETE

Lot size

0.37 AC

Property size (Sq ft)

1,825 SF

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

2-113-1

APU

21131

Description

This exceptional commercial property, located at 324 10th Street, unit 202, in Oakland, California's vibrant Chinatown, presents a fantastic investment opportunity. Situated in a central location, this property offers unparalleled convenience, with easy walking access to downtown Oakland and proximity to the scenic Lake Merritt. The property's strategic position also benefits from its close proximity to major transportation arteries, Highways 880 and 580, ensuring excellent accessibility for clients and employees. The space itself is ideally suited for a variety of professional services businesses, having previously housed insurance and loan agent offices. The listing includes two adjacent units, providing flexibility for expansion or the potential for separate leasing opportunities. This presents a unique chance to acquire a well-located commercial property in a thriving Oakland neighborhood. The property is priced at $207,000. The exact square footage is not currently available. This is a rare opportunity to own a piece of Oakland's dynamic commercial landscape. Serious inquiries are encouraged to schedule a viewing and explore the potential of this remarkable property. Don't miss out on this chance to establish your business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,085,070

  6.5%

  $1,001,600

  7%

  $930,062

• Comparable approach

  Method

  Valuation

  Relative Method

  $555,813

  Geo Method

  $814,417

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $514,819

  Mixed-Use / Specialty

  $513,930

  Hospitality / Lodging

  $378,286

  Office

  $511,862

  Institutional / Educational

  $534,618

  Residential Income

  $625,503

  Multifamily

  $744,948

  Automotive / Energy

  $458,244

  Parking / Income-Based Land

  $157,199

  Restaurant / Food Service

  $269,319

  Healthcare / Senior Housing

  $526,055

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8006

Longitude

-122.27

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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