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    Oakland Chinatown Corner Office Condo Title is generated by Realmo AI

    324 10Th St 203, Oakland, CA 94607

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    For Sale
    $88,000

    Two connected office condos in Oakland's Chinatown, suitable for various uses.

    Type:Commercial
    Added:
    May 16, 2026
    Days on Market:
    20
    Last Refresh:
    May 16 at 9:04 pm

    Property Features for 324 10Th St 203

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

    We can help!

    Listing Contact
    Min Zhao

    Listing agent Min Zhao License #01449007

    Listing office TCGOB, Inc

    Listing date May 16, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of TCGOB, Inc

    HighLights

    • Rare opportunity to own two connected corner office condo units in Oakland Chinatown.
    • Excellent location with abundant natural light and high visibility.
    • Versatile space suitable for professional, medical, wellness, or creative office uses.
    • Convenient access to Downtown Oakland, BART, major commuter routes, restaurants, and retail.
    • High walk, bike, and transit scores (89, 100, and 67 respectively).
    • Vacant and ready for immediate occupancy.

    Overview

    This is a rare opportunity to own two connected corner office condo units in the heart of Oakland's Chinatown. Located on the second floor of a secure commercial building with elevator access, the versatile space offers flexibility for professional, medical, wellness, or creative office uses. Units 202 and 203 are next to each other and can be sold together or separately. Previously used as a dental office, the property is configured for owner-users or investors seeking a visible business location in one of Oakland’s dynamic commercial districts. The corner location provides natural light and accessibility for clients and staff. The property is minutes from Downtown Oakland, BART, major commuter routes, restaurants, retail shops, and local services. It is vacant and ready for immediate occupancy. The location has a bike score of 100, making it a biker's paradise, a walk score of 89, indicating it is very walkable, and a transit score of 67, showing good transit options.
    Location Intelligence

    Current Use by Public Records

    Simon Tang Chinese ... Medical Clinic Cities Driving School Training Center Near By Insurance ... Insurance Agency Hoang Le Tax, ... Corporate Office AccuSource Employment Agency

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Law Firm Building Supply Daycare Center Gym & Fitness Center

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

    Similar Places Nearby

    • Dutch Pet, Inc. — 1111 Broadway Suite 300, Oakland, CA 94607
    • VetnCare — 160 Franklin St #300, Oakland, CA 94607

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2697527
    Latitude
    37.8005224

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    FAQs

    What type of property is this?
    Medical Office Space - Two connected office condos in Oakland's Chinatown, suitable for various uses.
    Where is this medical office space located?
    The property is located at 324 10Th St 203 Oakland, CA.
    What is the asking price?
    The asking price for this property is $88,000.
    What are key features of this property?
    This property features: Rare opportunity to own two connected corner office condo units in Oakland Chinatown.; Excellent location with abundant natural light and high visibility.; Versatile space suitable for professional, medical, wellness, or creative office uses.
    (510) 698-8886
    We can help!
    Listing Contact
    Min Zhao
    Real Estate License ID: 01449007
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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