556 W Grand Ave

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556 W Grand Ave

Oakland, CA 94612
Asking Price
$3.50M
Asset Type
Storefront Land
Class
Class B

What's Special

Land | 0.75 acres <ul><li>​Near I-880, I-580 and H-24.</li><li>​High Density Development Site.</li><li>​Busy W Grand Corridor.</li><li>​Less than 1 mile away from BART.</li><li>​Excellent Owner/User Opportunity</li><li>​Ample Parking; +/- 40 Parking Spaces.</li><li>​Multiple roll-up doors.</li><li>​Barreled Ceiling.</li><li>​Rear Warehouse behind Retail Buildings.</li><li>​Mezzanine.</li><li>​Concrete block, brick, and timber.</li></ul>

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times