947 77Th AveOakland, CA 94621

  • Industrial properties
  • 3,740 SF
For Sale
$825,000 View listing

Property Details for 947 77Th Ave

Year built
1941
Construction
WOOD
Lot size
0.11 AC
Property size (Sq ft)
3,740 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
41-4157-27
APU
41415727

Description

This expansive industrial warehouse, situated on a 0.12-acre lot at 947 77th Avenue in Oakland, CA, presents a rare investment opportunity. Spanning an entire city block, this property offers significant versatility and is ideally located within Oakland's designated "Cannabis Facilities Permitted zone," providing access to a thriving industry. Its strategic position offers excellent logistics, boasting convenient access to both Highway 880 and Highway 580, ensuring seamless transportation throughout the Bay Area. The building itself features two access doors, one at each end, and two additional interior roll-up doors positioned midway, allowing for flexible internal space division. On-site amenities include a ground-level office and full bathroom, complemented by two additional rooms and a half-bathroom on the mezzanine level. The warehouse benefits from 220-amp power and boasts an approximate ceiling height of 15 feet, equipped with a suspended electric heater. Properties of this size, location, and price point ($825,000) are seldom available, making this a truly exceptional opportunity for discerning investors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,108,228
    Hospitality
    $1,015,131
    Educational
    $844,577
    Medical
    $873,623
    Retail
    $1,313,787
947 77Th Ave, Oakland, California

Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.7533
Longitude
-122.192
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,568
$148,889
$545,873
$694,762
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