Land Entitlement & Flip - Downtown Oakland, CA

[Brad Flewellen]

An off-market opportunity to secure a 15,000 SF commercial retail building under contract with extended terms.  Investment opportunity to entitle and flip the land contract.  Highest and best use is a high rise mixed-use development.  Property located w/in area specific plan zone - EIR completed and conditional use permits allows for 275' height.  Site located in downtown Oakland - 2 blocks form BART and new Uptown Station - headquarters for Uber (3,000 employees).  Total entitlement budget/ investment is $750K.  Opportunity can also include purchasing the building for $4.89M.  Offering package is available for review upon request - serious inquiries only.  Thanks.