Financial
Distress signals
Property profile

2429 Market St Oakland, CA 94607

FOR SALE
Other commercial real estate
Property ID
US09-8196322
896 SF 0.14 ac lot Built 1971
Last sale Feb 2021 · $600,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mid-block warehouse property in Oakland, located at 2429 Market St, is configured for secure access with gated entry and includes a large yard area with rear storage for staging and material handling. The warehouse space has two roll-up loading doors providing direct exterior access, and includes a half bathroom along with existing plumbing. Utility infrastructure includes 220-volt electrical service and a gas line replacement. The building has been previously used as a commercial kitchen

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$637k
Assessed land$504k
Assessed improvement$133k
Effective rate2.64%

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$465k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 2.75% cap applied$20k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$257/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$167 – $407
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2.75%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALAMEDA

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop9.0
Veterinary Clinic8.1
Shoe Repair7.8

Location

2429 Market St Oakland, CA 94607
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
609 Jackson, Oakland, CA 94607 $600,000 Aug 2024 8,045 SF
151 10th, Oakland, CA 94607-4838 $2,000,000 May 2022 5,180 SF
605 9th, Oakland, CA 94607-3603 $1,800,000 Feb 2022 5,632 SF
236 2nd, Oakland, CA 94607-4308 $1,275,000 Dec 2021 2,500 SF
200 Alice, Oakland, CA 94607-4318 $1,400,000 Dec 2021 1,944 SF
1807 Chestnut, Oakland, CA 94607-2877 $300,000 Sep 2021 3,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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