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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Warehouses
3140 Chapman St, Oakland, CA 94601-2807
Trust Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9231622
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2014
Total area
4,300 SF
Lot
0.17 ac (7,546 SF)
APN
25-661-6-3
UPID
US09-9231622
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
-
Michael Padway & Associates Law Firm
-
Ideal Roofing Corporation Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Padway,m & D J 2014 Trust · 10 yrs held
Padway,m & D J 2014 Trust
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+24.2%
Retail stores
$845,000
+1.4%
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
WAREHOUSE, STORAGE
$835,000
Current use
OFFICE BUILDING
$1,035,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$845,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$810,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$159 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,805
Tax year 2024
Assessed value
$747,830
Assessed 2024
Previous assessed
$747,830
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$251,198
Assessed improvement
$496,632
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Heating
NONE
Buildings
1
Stories
2
Bathrooms
1
Total area
4,300 SF
Lot
0.17 ac (7,546 SF)
APN
25-661-6-3
UPID
US09-9231622
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
WAREHOUSE, STORAGE Current
Est. value
$835,000
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$810,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
2014
Heating
NONE
Stories
2
Buildings
1
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Padway,m & D J 2014 Trust
Trust
Free & Clear · 10 yrs held
Mailing address
40 BASINSIDE WAY, ALAMEDA, CA 94502-6479
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2016
—
Padway,m & D J 2014 Trust
Padway,michael & Diane
Quit Claim Deed
related
—
Mar 10, 2011
$200,000
Michael Padway
Bank Of The Orient
Grant Deed
—
Oct 29, 2010
$176,400
Bank Of The Orient
Mortgage Lender Svcs INC
Trustees Deed
related
—
Oct 4, 2005
—
Edmund Ko
—
Trustees Deed
related
$100,000 · Anne Leung
Jun 3, 2005
$400,000
Yan Q Gao
Lewis Mark Trust
Grant Deed
$200,000 · Bank Of The Orient
Jun 3, 2005
—
Mark R Lewis
Lewis,floyd L
Affidavit Of Death
related
—
Mar 22, 2000
—
Lewis Trust
Lewis,mark
Quit Claim Deed
related
—
Apr 15, 1976
—
—
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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