Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    312 Clay St Oakland, CA 94607-3508
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    312 Clay St Oakland, CA 94607-3508

    View on Map
    • Office buildings
    • 34,012 SF
    • 0.34 lot acres
    Off-Market
    Property ID
    US09-8397532
    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
    $9,085,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • UCSF Pediatric Early Intervention Services / Medical Clinic
    • Alameda Juvenile Dependency / County Government Office
    • Whitehurst/Mosher Campaign Strategy & Media / Marketing & Advertising / Advertising Agency
    • BMWL and Partners / Marketing & Advertising / Advertising Agency
    • Parent Infant Program (PIP): UCSF Benioff Children's Hospital Oakland / Pediatrician / Medical Clinic

    Property Details for 312 Clay St

    Year built
    1920
    Construction
    TILT-UP CONCRETE
    Lot size
    0.34 lot acres
    Property size
    34,012 SF
    Property type
    Office buildings
    APN
    1-131-9
    APU
    11319

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,105,000
      6.5%
      $7,485,000
      7%
      $6,950,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,261,000
      Market price range: $5.34M - $11.8M
      AI Estimate
      $8,509,000
      Market price range: $2.11M - $10.8M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $8,805,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $14,450,000
      Change: +64% Conversion: Difficult
      RESTAURANT
      $12,245,000
      Change: +39% Conversion: Moderate
      MEDICAL BUILDING
      $11,430,000
      Change: +30% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $11,280,000
      Change: +28% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $8,725,000
      Change: -1% Conversion: Easy
      RETAIL STORES
      $8,090,000
      Change: -8% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.278
    Latitude
    37.798
    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
    $189,143
    $3,935,404
    $9,182,611
    $13,118,015
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,340,000
      47,450 SF

      520 3rd St

      OFFICE BUILDING • 47,450 SF
      520 3rd St, Oakland, CA 94607-3501
      View Details
    • Value Estimation
      $1,460,000
      7,085 SF

      110 11th St

      OFFICE BUILDING • 7,085 SF
      110 11th St, Oakland, CA 94607-4878
      View Details
    • Value Estimation by Request
      617,980 SF

      1111 Broadway

      PROFESSIONAL BUILDING (MULTI-STORY) • 617,980 SF
      1111 Broadway, Oakland, CA 94607-4139
      View Details
    • Value Estimation
      $2,745,000
      21,000 SF

      424 3rd St

      OFFICE BUILDING • 21,000 SF
      424 3rd St, Oakland, CA 94607-3801
      View Details
    • Value Estimation by Request
      1,369 SF

      571 5th St

      OFFICE BUILDING • 1,369 SF
      571 5th St, Oakland, CA 94607-3500
      View Details
    • Value Estimation
      $4,725,000
      16,684 SF

      384 Embarcadero W

      OFFICE BUILDING • 16,684 SF
      384 Embarcadero W, Oakland, CA 94607-3735
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,504 SF

      Creative Office Building Opportunity

      Creative office building available for owner-user in Oakland, CA.
      300-310 12Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      8,516 SF

      Two-Story Office Building in Oakland

      8,869 SF office building with parking and convenient transportation.
      331 2Nd St, Oakland, CA 94607
      View Details
    • Contact for pricing
      15,031 SF

      Oakland Office Building For Sale

      Renovated office building with flexible zoning and convenient location.
      251 8Th St, Oakland, CA 94607
      View Details
    • $2,130,000
      7,753 SF

      Oakland Office Building For Sale

      7,753 SF office building in Oakland, California.
      725 Washington St, Oakland, CA 94607
      View Details
    • $599,000
      3,441 SF

      Oakland Office Building Investment Opportunity

      Historic Oakland building, renovated, ideal for office or investment.
      737 2Nd St, Oakland, CA 94607
      View Details
    • $2,000,000
      2,898 SF

      Oakland Office Building For Sale

      Unique office building in downtown Oakland with historic charm.
      11Th St, Oakland, CA 94607
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,200 SF

      Historical Landmark Office Space

      Restored office building with functional improvements and high ceilings.
      101 Broadway, Oakland, CA 94607
      View Details
    • Sponsored
      Contact for pricing

      Spaces Jack London Square

      We offer workspace options fully tailored to your needs in Spaces Jack London Square
      66 Franklin St, Oakland, CA 94607
      View Details
    • Contact for pricing
      2,896 SF

      Furnished Creative Suite in Oakland

      Furnished creative suite featuring private offices, conference room, and breakroom.
      520 3Rd St, Oakland, CA 94607
      View Details
    • Contact for pricing
      13,099 SF

      Waterfront Creative Office Space

      39,639 SF creative space with waterfront views.
      55 Harrison St, Oakland, CA 94607
      View Details
    • Contact for pricing
      15,336 SF

      Spacious Office with Flexible Layout

      Versatile office space featuring offices, meeting rooms, and collaborative areas.
      2345 Broadway, Oakland, CA 94607
      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.
    312 Clay St
    Oakland, CA 94607-3508
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!