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    3070 Brook St Oakland, CA 94611

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    For Sale
    $749,000

    Prime location for residential or retail development with immediate parking income.

    Property size:
    8,873 SF
    Lot size:
    8.00 Acres

    Property Features for 3070 Brook St

    General Information

    Size
    8,873 SF
    Lot size
    8.00 Acres

    Source: Justin Wong Agent Justin Wong

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity in Broadway Valdez

    This exceptional development opportunity is located at 3070 Brook Street and consists of two adjoining parcels totaling 8,873 square feet. The property is zoned D-BV-3, offering potential for residential or retail development. Its strategic positioning in the Broadway Valdez market allows an investor to command immediate income as a parking lot with long-term multifamily or mixed-use development. The location is situated amid some of Oakland’s most economically robust and burgeoning areas and close to 3 major BART stations. It's a multifamily development opportunity in close proximity to Uptown Oakland and Interstates 980, 880, and 580 freeways. The property has a Walk Score of 94 and a Bike Score of 85.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Piedmont Auto Body ... Auto Body Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2603674
    Latitude
    37.8201645

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    FAQs

    What type of property is this?
    Land - Prime location for residential or retail development with immediate parking income.
    Where is this land located?
    The property is located at 3070 Brook St Oakland, CA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Prime development opportunity in the sought-after Broadway Valdez market.; - Versatile D-BV-3 zoning allows for residential or retail development.; - Immediate income potential as a parking lot.
    (510) 917-2022
    Request Owner's contact information
    3070 Brook St Oakland, CA 94611
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    Oakland, CA 94611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3070 Brook St Oakland, CA 94611
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