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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3114 San Pablo Ave Oakland, CA 94608-4534

    • Investment properties
    • 2,646 SF
    • 0.04 lot acres
    OFF-MARKET
    Last Sale
    Jun 30, 2021
    $765,000
    Value Estimations
    $695,000
    Show details
    Cap Rate Potential
    6.1%
    Investment properties
    Location Intelligence
    Property ID
    US09-8866007
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 3114 San Pablo Ave

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.04 lot acres
    Property size
    2,646 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    9-712-11
    APU
    971211

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $660,000
      ML approach
      $680,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $670,000
      6.5%
      $620,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $450,000
      Market price range: $139k - $508k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,125,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.277
    Latitude
    37.8219
    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
    2023
    $12,410
    $175,098
    $636,720
    $811,818
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,330,000
      9,246 SF

      4332 San Pablo Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,246 SF
      4332 San Pablo Ave, Emeryville, CA 94608-3304
      View Details
    • Value Estimation
      $2,135,000
      16,499 SF

      6050 Adeline St

      OFFICE/RESIDENTIAL (MIXED USE) • 16,499 SF
      6050 Adeline St, Oakland, CA 94608
      View Details
    • Value Estimation
      $535,000
      3,568 SF

      4630 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,568 SF
      4630 Ww St, Oakland, CA 94608-3434
      View Details
    • Value Estimation
      $885,000
      4,080 SF

      1320 65th St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,080 SF
      1320 65th St, Emeryville, CA 94608-1119
      View Details
    • Value Estimation
      $725,000
      5,506 SF

      3992 Adeline St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,506 SF
      3992 Adeline St, Emeryville, CA 94608-3625
      View Details
    • Value Estimation
      $790,000
      5,847 SF

      933 32nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,847 SF
      933 32nd St, Oakland, CA 94608-4598
      View Details

    Similar Nearby for Sale

    • $525,000

      West Oakland Work/Live Loft

      Renovated work/live loft with modern amenities and secure parking.
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    • $200,000
      Pending

      Former Church with Redevelopment Potential

      Historic Oakland church on a spacious lot, ready for transformation.
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      0.15 Acres

      Emeryville Mixed-Use Space For Lease

      Versatile Emeryville property, 3850 sq ft.
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      Oakland Mixed-Use Investment Opportunity

      Mixed-use property with commercial and residential components in Oakland, CA.
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    • $2,795,000
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      Prime Emeryville Commercial Space

      8,426 SF, 0.19 Acres, High-Demand Location
      5428 San Pablo Ave, Emeryville, CA 94608
      View Details
    • $2,795,000
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      Oakland Retail Building Investment

      Prime Oakland location, strong employment base
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    Similar Nearby for Lease

    • Contact for pricing
      1,755 SF

      Retail Space in Emeryville Center

      Retail space available in a high-traffic Emeryville shopping center.
      1151 40Th St, Emeryville, CA 94608
      View Details
    • Contact for pricing
      13,058 SF

      Office Space with Exterior Deck

      Plug-and-play office space with natural light and campus amenities.
      5858-5980 Horton St, Emeryville, CA 94608
      View Details
    • $4,000 /Mo
      3,850 SF

      Versatile Flex Space in Emeryville

      Two-story flex space with high ceilings and roll-up door.
      Market St, Oakland, CA 94608
      View Details
    • Contact for pricing
      2,080 SF

      Emeryville Retail Space For Lease

      Prime Emeryville Retail, 2080 SF Available
      3990 Hollis St, Emeryville, CA 94608
      View Details
    • Contact for pricing
      4,500 SF

      Emeryville Flex Space For Rent

      Renovated flex space with office and warehouse components in Emeryville.
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      View Details
    • Contact for pricing
      18,945 SF

      Oakland/Emeryville Warehouse Space Available

      Industrial spaces with ample parking, high visibility, and heavy power.
      3421 Hollis St, Oakland, CA 94608
      View Details
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    Oakland, CA 94608-4534
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    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
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