Technical
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Distress signals
Property profile

0 Tunnel Rd Berkeley, CA 94611

OFF-MARKET
Land
4.28 ac lot
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Property summary

AI-generated overview

Exceptional 4.28-acre development opportunity in Oakland's prestigious Claremont Hills, featuring ten contiguous lots on Tunnel Road (APN: 48H-7520-31). This prime property boasts breathtaking panoramic views of the San Francisco Bay, Downtown Oakland, the Bay Bridge, and the greater San Francisco area. Zoned RH-3, the lots offer significant flexibility for various development options, supported by a completed preliminary feasibility study. The generous 186,510 square foot parcel is situated in a highly desirable location, with nearby comparable developed properties valued between $2 million and $3 million. The asking price is $1,700,000, presenting a rare chance to acquire a substantial land holding with immense potential for residential development. This is an ideal investment for developers or individuals seeking to create a unique estate in a stunning location. The property is located in Alameda County, CA, 94611, with the city listed as Piedmont, though the verified city is Berkeley.

Property profile

Verified
Property type Land
Lot 4.28 ac (186,437 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tunnel Rd Berkeley, CA 94611
Berkeley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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