Feds to auction property near Alameda’s Crab Cove
The federal government is planning to auction off a 3.899-acre property on McKay Avenue it’s marketing as Neptune Pointe. The online auction will begin on June 1, and the opening bid is set at $1 million.
The property for sale – an L-shaped lot which sits across the street from Crab Cove – includes two 1940s-era buildings that are part of the Alameda Federal Center but aren’t being used because they are unsafe to enter, plus parking lots. The buildings were used as a training station for the Department of Commerce’s Maritime Administration until 1965, when the General Services Administration took them over.
Tests revealed some oil, benzene and other contaminants in the ground on the property, which housed a federal motor pool that was demolished in 2007. But state regulators investigated in 2003 and 2009 and determined no cleanup action was needed. The buildings on the site also contain asbestos and lead-based paint, marketing documents for the site say.
The property, which is being marketed as prime, developable land, is zoned for administrative, professional and government use. In addition to Crab Cove and Crown Beach Memorial Park, it is bordered by homes and apartments.
City officials said they’re hopeful for a high-quality development on the property.
“The city would like to see a high-quality project that will be compatible with the surrounding area and will continue to assist in the revitalization of the Webster Street commercial district,” Deputy City Manager Jennifer Ott said Tuesday.
Additional information about the sale is available online.