Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2103 San Pablo Ave Oakland, CA 94612-1308
    Back to Search
    Property profile & analytics

    2103 San Pablo Ave, Oakland, CA 94612-1308

    View on Map
    • Truck terminals
    • 31,339 SF
    • 1.52 lot acres
    Off-Market
    Last Sale Dec 28, 2022
    $11,375,000
    Property ID
    US09-6544341
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $9,585,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ATM / Atm

    Property Details for 2103 San Pablo Ave

    Year built
    1924
    Construction
    CONCRETE
    Lot size
    1.52 lot acres
    Property type
    Truck terminals
    APN
    3-39-3
    APU
    3393

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 14, 2025 $2,317,500 Hemming Family Trust Taconic Asset Trust Grant Deed —
    Dec 28, 2022 $11,375,000 Taconic Asset Trust Firstgroup Services INC Grant Deed $100M · Centennial Bank
    Jul 21, 2021 — Firstgroup Services INC Greyhound Lines INC Grant Deed —
    May 16, 2002 — Wali Mayar Mayar,wali Quit Claim Deed · related $100k · Bay Area Capital Corp
    — — Greyhound Lines INC — Deed Of Trust · related —
    — — Greyhound Lines — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,415,000
      ML approach
      $7,170,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.274
    Latitude
    37.8108
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $168,530
    $10,098,000
    $1,522,710
    $11,620,710
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      232,785 SF

      2000 Maritime St

      Distribution properties
      2000 Maritime St, Oakland, CA 94612
      View Details
    • Value Estimation
      $5,395,000
      53,353 SF

      2743 San Pablo Ave

      WAREHOUSE, STORAGE
      2743 San Pablo Ave, Oakland, CA 94612-1125
      View Details
    • Value Estimation by Request
      958 SF

      330 13th St1e

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      330 13th St1e, Oakland, CA 94612-3954
      View Details
    • Value Estimation
      $590,000
      766 SF

      314 15th St

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      314 15th St, Oakland, CA 94612-3310
      View Details
    • Value Estimation
      $1,195,000
      7,895 SF

      520 27th St

      WAREHOUSE, STORAGE
      520 27th St, Oakland, CA 94612-1706
      View Details
    • Value Estimation by Request
      1,347 SF

      124 Grand Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      124 Grand Ave, Oakland, CA 94612
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,959 SF

      Stand Alone Building in Oakland

      1,959 SF building on 3,869 SF land, secured parking.
      550 W Grand Ave, Oakland, CA 94612
      View Details
    • Contact for pricing
      10,000 SF

      Two Oakland Warehouses For Sale

      Two adjoining warehouses totaling 10,000 SF with convenient freeway access.
      2303-2311 Martin Luther King Jr Way, Oakland, CA 94612
      View Details
    • Contact for pricing

      Oakland Retail/Flex Building For Sale

      Retail/flex building in Uptown Oakland with high traffic visibility.
      626 22Nd St, Oakland, CA 94612
      View Details
    • $1,600,000

      Two Adjoining Warehouses For Sale

      Two adjoining warehouses totaling 10,000 SF with convenient freeway access.
      2303-2311 Martin Luther King Jr Way, Oakland, CA 94612
      View Details
    • $4,900,000

      Oakland Industrial Flex Building

      22k+ SF industrial flex building in prime Oakland location.
      290 27Th St, Oakland, CA 94612
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      78,190 SF

      55 Admiral Robert Toney Way, Oakland, CA 94612

      Warehouses
      55 Admiral Robert Toney Way, Oakland, CA 94612
      View Details
    • Contact for pricing
      12,253 SF

      Creative Office Space in Oakland

      Sublease opportunity: industrial creative office space with storage.
      400 23Rd St, Oakland, CA 94612
      View Details
    • Contact for pricing
      8,250 SF

      Free Standing Oakland Flex Space

      Free standing building with large clear span and gated lot.
      1501 Jackson St, Oakland, CA 94612
      View Details
    • Contact for pricing
      8,575 SF

      Oakland Flex Warehouse with Yard

      Flex warehouse with development potential near BART and Downtown Oakland.
      2118 Brush St, Oakland, CA 94612
      View Details
    • Contact for pricing

      CA, Oakland - Tribune Building

      Workspaces, services and support to help you grow your business in DC, Washington - 609 H Street
      409 13Th St, Oakland, CA 94612
      View Details
    • Sponsored
      Contact for pricing

      Lake Merritt

      Discover many ways to work your way in Lake Merritt
      1901 Harrison St, Oakland, CA 94612
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2103 San Pablo Ave
    Oakland, CA 94612-1308
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2103 San Pablo Ave, Oakland, CA, 94612
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!