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Property profile & analytics
FOR SALE
Commercial land
3070 Brook St, Oakland, CA 94611
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-7639122
For Sale
1 / 16
$695,000
3070 Brook St, Oakland, CA 94611
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Property summary
AI-generated overview
This exceptional Oakland development opportunity presents two adjoining parcels totaling 8,873 square feet at 3070 Brook Street. The property, zoned D-BV-3, offers versatile potential for residential or retail development within the desirable Broadway Valdez Market. Currently generating income as a parking lot, this site provides immediate return on investment while allowing for long-term multifamily or mixed-use development. The 0.203-acre lot (APN: 009-0703-040-00
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.1 ac (4,388 SF)
APN
9-703-40
UPID
US09-7639122
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
-
Piedmont Auto Body and Detail Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Noel Yi · 2 yrs held
Noel Yi
since 2024
Last sale
$950,000
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 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
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Mar 19 2024)
Last sale anchor
$950k
Mar 19 2024
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
—
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
$7,891
Tax year 2023
Assessed value
$478,584
Assessed 2024
Previous assessed
$469,200
+2.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$478,584
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.1 ac (4,388 SF)
APN
9-703-40
UPID
US09-7639122
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
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Noel Yi
Individual
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2024
$499,000
Noel Yi
Noel Yi
Deed In Lieu Of Foreclosure
related
—
Jun 27, 2022
$925,000
Noel Yi
Brook Street Holdings LLC
Trust Deed
related
—
Feb 7, 2018
—
Brook Street Holdings LLC
—
Deed
related
$499,000 · Adli Manoucher Trust (pt)
Nov 9, 2017
$950,000
Brook Street Holdings LLC
Yi,noel & Meiling
Grant Deed
related
—
Aug 11, 2017
—
Brook Street Holdings LLC
—
Deed
related
$400,000 · Levine Joel S Trust (pt)
Aug 1, 2017
$950,000
Brook Street Holdings LLC
Yi,noel & Meiling
Grant Deed
$850,000 · Noel & Meiling Yi
May 4, 2004
$550,000
Noel Yi
March,david
Grant Deed
$275,000 · East West Bank
Oct 31, 1997
—
David March
March,david
Quit Claim Deed
related
$75,000 · Schaaf Trust
Jul 11, 1996
$46,500
David March
Naso Trust
Grant Deed
—
—
—
David C March
—
Deed Of Trust
related
$110,000 · Danzig Trust
—
—
Brook Street Holdings LLC
—
Deed Of Trust
related
$400,000 · Levine Joel S Trust (pt)
—
—
Brook Street Holdings LLC
—
Deed Of Trust
related
$499,000 · Adli Manoucher Trust (pt)
—
—
David C March
—
Deed Of Trust
related
$44,975 · Frank F Lino
—
—
Noel Yi
—
Deed Of Trust
related
$243,185 · East West Bank
Feb 18, 1964
—
—
—
Grant Deed
related
—
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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