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553 27th St 1.79 Acres of Commercial Land in Oakland, CA 94612
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 1.79 AC |
| Zoning | CL - commercial land | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.79 AC |
| Zoning | CL - commercial land |
1 Lot Available
Lot
| Lot Size | 1.79 AC |
| Lot Size | 1.79 AC |
Description
• Existing 490-stall parking structure with potential for re-use • Favorable Oakland zoning for residential or mixed-use development • Ministerial approval path for affordable housing projects thanks to Oakland’s S-13 overlay zone • Rare large site at 1.79 acres offers ability for efficient development • Bay Area economy flush with influx of capital from AI investment • Oakland residential market seeing consistent improvements • Potential to assemble with entitled 225-unit residential development site at 2600 Telegraph for development efficiencies and construction cost savings
Moderately walkable
70/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 009-0682-031-04 | Improvements Assessment | $232,298 |
| Land Assessment | $2,090,683 | Total Assessment | $2,322,981 |
Property Taxes
Parcel Number
009-0682-031-04
Land Assessment
$2,090,683
Improvements Assessment
$232,298
Total Assessment
$2,322,981
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553 27th St