4820 International BlvdOakland, CA 94601

Property Details for 4820 International Blvd

Year built

1912

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

3,300 SF

Property type

Retail properties

Property subtype

Retail space

APN

35-2361-24

APU

35236124

Description

This exceptional 3,300 square foot retail property, located at 4820 International Boulevard in Oakland, California, presents a compelling investment or owner-user opportunity. Situated on a 0.09-acre lot in the vibrant Fruitvale District, this property boasts high visibility due to its prominent boulevard location and features visible signage. The building is comprised of two distinct units, one of which is currently vacant, offering immediate flexibility for an owner-user to occupy a portion of the space while generating income from the other. Alternatively, the entire space presents a strong redevelopment opportunity to create a fully customized commercial space. Key features include high ceilings, a small backyard area, and secure roll-down gates for enhanced security. The property benefits from excellent accessibility, with convenient access to Bay Area transit lines, ensuring strong foot traffic and a diverse customer base. Its location within the bustling Fruitvale District places it amidst a vibrant mix of local shops and businesses, further enhancing its appeal. The proximity to the Oakland International Airport provides additional convenience and accessibility to a wider market. This property offers a rare chance to acquire a value-add asset in a prime location within the greater San Francisco Bay Area, with significant potential for future growth and return on investment. The asking price is $799,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,240,492

  6.5%

  $2,068,147

  7%

  $1,920,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,746,720

  Geo Method

  $2,319,416

• Alternative Use

  Use

  Valuation

  Residential

  $1,744,559

  Hospitality

  $1,598,007

  Educational

  $1,329,523

  Medical

  $1,375,247

  Retail

  $2,068,147

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.77

Longitude

-122.209

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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