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Property profile & analytics
OFF-MARKET
Estimated value
$4,105,000
Office buildings
2648 International Blvd Oakland, CA 94601-1506
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-7627571
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1929
Construction
CONCRETE
Total area
23,848 SF
Lot
0.27 ac (11,954 SF)
APN
25-710-37
UPID
US09-7627571
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Oakland Dental Associates Dental Office
-
Northern California Occupational Clinic, Inc. Medical Clinic
-
Silverline Towing Auto Repair Shop
-
The Law Offices of Fernando Hidalgo, Inc. Law Firm
-
Law Office of Alexandra Bachan Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$4.11M
Owner & transaction history
315 Wayne LLC · 1 yrs held
315 Wayne LLC
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,745,000
Current use
RETAIL STORES
$4,695,000
Change: -18% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,630,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.11M
Range $3.69M – $4.52M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$172 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$83,764
Tax year 2023
Assessed value
$5,637,662
Assessed 2024
Previous assessed
$5,527,139
+2.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$743,668
Assessed improvement
$4,893,994
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1929
Construction
CONCRETE
Heating
NONE
Buildings
1
Stories
8
Units
1
Total area
23,848 SF
Lot
0.27 ac (11,954 SF)
APN
25-710-37
UPID
US09-7627571
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.7M
RETAIL STORES
Est. value
$4.7M
WAREHOUSE, STORAGE
Est. value
$4.6M
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Construction
CONCRETE
Heating
NONE
Stories
8
Buildings
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
315 Wayne LLC
Entity
Mailing address
364 41ST ST, OAKLAND, CA 94609-2652
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2024
—
315 Wayne LLC
315 Wayne LLC
Grant Deed
related
—
Oct 11, 2018
$10,450,000
315 Wayne LLC
Bay Area Investmment Co INC
Grant Deed
$6,300,000 · First Republic Bank
Mar 25, 1996
$55,000
Estate Argonaut Fin'l Svcs INC
Argonaut Financial Services In
Grant Deed
related
$50,000 · Estate Argonaut Fin'l Svcs INC
—
—
Argonaut Financi
—
Deed Of Trust
related
$1,410,000 · First Republic Bank
—
—
Bay Area Investment Co INC
—
Deed Of Trust
related
$1,300,000 · First Republic Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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