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Property profile & analytics
FOR LEASE
Flex space
3038 Market St Emeryville, CA 94608
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8117589
For Lease
1 / 34
$4,000/Mo
3038 Market St, Emeryville, CA 94608
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1953
Construction
TILT-UP CONCRETE
Total area
4,668 SF
Lot
0.15 ac (6,500 SF)
APN
9-710-28-6
UPID
US09-8117589
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thanh Nguyen Giang · 2 yrs held
Thanh Nguyen Giang
since 2023
Last sale
$335,000
7 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 Emeryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Emeryville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,460
Tax year 2024
Assessed value
$520,944
Assessed 2024
Previous assessed
$520,944
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$182,737
Assessed improvement
$338,207
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
4,668 SF
Lot
0.15 ac (6,500 SF)
APN
9-710-28-6
UPID
US09-8117589
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
Building & site characteristics
From public records
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Thanh Nguyen Giang
Individual
Free & Clear · 2 yrs held
Mailing address
4537 LINCOLN AVE, OAKLAND, CA 94602-2531
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2023
—
Thanh Nguyen Giang
—
Deed
related
$307,000 · Metropolitan Bank
Sep 25, 2023
—
Thanh Nguyen Giang
Dominic Chau Ngoc Nguyen
Affidavit Of Death Of Joint Tenant
related
—
Mar 21, 2008
$335,000
Chau Nguyen
Leonard,duane M
Grant Deed
$405,000 · Metropolitan Bank
Mar 1, 1996
$110,000
Chau Nguyen
King Trust
Grant Deed
$70,000 · Seller
Apr 24, 1992
—
Dale S King Trust
King,d.
Quit Claim Deed
related
—
Feb 3, 1989
$168,000
Dale King
Pacific Marine S
Grant Deed
—
—
—
Dominic C Nguyen
—
Deed Of Trust
related
$100,000 · Tran K Tuyet
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.
Try Rey
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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