6017 International BlvdOakland, CA 94621

Property Details for 6017 International Blvd

Year built

1945

Construction

TILT-UP CONCRETE

Lot size

0.36 AC

Property size (Sq ft)

12,804 SF

Property type

Retail properties

Property subtype

Auto shops

APN

41-3882-6-2

APU

41388262

Description

This 14,500 square foot (buyer to verify) retail building in Oakland, CA, presents a compelling investment opportunity. Located at 6017 International Blvd, 94621, this single-story, 1945-built property sits on a 15,700 square foot lot and features three tenants: a large auto body shop (with paint booth, high ceilings, and large roll-up doors), a retail space, and a residential unit. The auto body shop, currently owner-operated, is included in the asking price of $3,995,000 ($275.52/sq ft), but can be vacated if desired by the buyer. The retail tenant and residential unit are month-to-month, generating $2,100 and $1,200 in monthly income, respectively. The property boasts high visibility due to its location on a busy street with significant vehicle traffic. While the owner estimates 14,500 square feet, public records indicate 12,804 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $4,872,603

  6.5%

  $4,497,788

  7%

  $4,176,517

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,991,756

  Geo Method

  $8,999,332

• Alternative Use

  Use

  Valuation

  Residential

  $3,794,052

  Hospitality

  $3,475,331

  Educational

  $2,891,435

  Medical

  $2,990,876

  Retail

  $4,497,788

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.7643

Longitude

-122.199

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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