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4201 Bancroft Ave
Oakland, CA 94601
Land For Sale
·
1.22 AC
INVESTMENT HIGHLIGHTS
- Average household income of $118,537 and over 493,227 residents within 5 miles
- California Tax Credit Allocation Committee “CTCAC” Site Eligible: https://www.treasurer.ca.gov/ctcac/index.asp
- City of Oakland CC-1 Zoning: https://library.municode.com/ca/oakland/codes/planning_code?nodeId=TIT17PL_CH17.35CCCOCOZORE_17.35.010TIINDE
- Qualified Census Tract “QCT” Site: https://www.hudiuser.gov/portal/sadda/sadda_qct.html
- Opportunity Zone “OZ” Site: https://maps.gis.ca.gov/hsr/map.html
EXECUTIVE SUMMARY
Offer Price: $7,000,000 ~ $131.29/SF
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 1.22 AC |
| Lot Size | 1.22 AC |
Redevelopment Opportunity +/- 53,319 SF ~ 1.22 ACRES (4201 Bancroft Ave., Oakland, CA 94601)
DESCRIPTION
*Exceptional demographics with an average household income of over $118,537 and over 493,227 residents within 5-miles (2022 Census) *High traffic intersection of 42nd Ave. And International Blvd. (14,110 VPD), just off 880 FWY (210,000 VPD) (2022 Census) *880 FWY is a major commuter and commercial thoroughfare in the East Bay that connects from the San Francisco/Oakland Bay Bridge to San Jose/Silicon Valley and services Downtown Oakland, the Port of Oakland, Oakland International Airport and Alameda County. *The High St./ 42nd Ave. Exit from the 880 FWY access the Subject Site (4201 Bancroft Ave.), the Island City of Alameda and the Foothills of Oakland. *Notable tenants in the area include Home Depot, Burger King, Smart & Final Extra!, Shell, O’Reilly Auto Parts, WSS Shoes, Cardenas Grocery Market, and many more... Pharmacy - (3) Walgreens within 1.5-mile radius Education – Fremont High School (a block away) and Oakland Charter Academy (a block away) Grocery – Cardenas Grocery Market (across the street) and Smart & Final Extra! (across the street) Medical Services – Excell Health Care Services within 1.5 mile
