Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    322 Broadway Oakland, CA 94607

    • Retail properties
    • 11,527 SF
    • 0.14 lot acres
    For Sale
    View listing
    $650,000
    Last Sale
    Feb 28, 2025
    $2,585,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8085031
    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

    • Retail properties

    Property Details for 322 Broadway

    Year built
    1920
    Construction
    TILT-UP CONCRETE
    Lot size
    0.14 lot acres
    Property size
    11,527 SF
    Property type
    Retail properties
    APN
    1-139-14
    APU
    113914

    Description

    This exceptional investment opportunity presents a vacant retail space located at 322 Broadway in Oakland, California's vibrant Jack London Square. The property, built in 2020, sits on a 0.14-acre lot and is currently listed at $999,900. Note that the square footage is currently unavailable. This is a unique chance to acquire a property undergoing incomplete construction, originally intended for both retail and apartment uses. The sale is being conducted through the bankruptcy court as an equity sale—it is not a bank-owned, REO, or short sale. The property's prime location within Jack London Square offers significant potential for a variety of retail businesses, capitalizing on the area's high foot traffic and established commercial activity. The 94607 zip code ensures easy access to major transportation routes and a diverse customer base. Given the incomplete construction, this property presents a chance for a buyer to customize the space to their exact specifications, creating a truly unique retail environment. The 2020 construction date suggests a relatively modern building structure, minimizing potential renovation costs. Investors seeking a high-impact project with significant upside potential in a desirable location should seriously consider this opportunity. Further details are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,780,000
      ML approach
      $2,610,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,055,000
      OFFICE BUILDING
      $2,255,000
      RETAIL STORES
      $1,645,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.275
    Latitude
    37.7971
    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
    $45,654
    $1,323,000
    $1,122,000
    $2,445,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      48,000 SF

      40 Harrison St

      Neighborhood centers • 48,000 SF
      40 Harrison St, Oakland, CA 94607
      View Details
    • Value Estimation by Request
      54,000 SF

      70 Washington St

      Restaurants • 54,000 SF
      70 Washington St, Oakland, CA 94607
      View Details
    • Value Estimation by Request
      960 SF

      469 9Th St

      Retail properties • 960 SF
      469 9Th St, Oakland, CA 94607
      View Details
    • Value Estimation by Request
      12,500 SF

      1620-1640 18Th St

      Restaurants • 12,500 SF
      1620-1640 18Th St, Oakland, CA 94607
      View Details
    • Value Estimation by Request

      559 5Th St

      Retail properties
      559 5Th St, Oakland, CA 94607
      View Details
    • Value Estimation by Request

      938 Market St

      Retail properties
      938 Market St, Oakland, CA 94607
      View Details

    Similar Nearby for Sale

    • $320,000
      1,321 SF

      Oakland Shopping Center - Grand Ave

      Vacant Retail Condo, High Cap Rate
      990 Grand Ave, Oakland, CA 94607
      View Details
    • $6,000,000
      22,500 SF

      Oakland Retail Property For Sale

      Retail property available for sale in Oakland, California.
      253 4Th St, Oakland, CA 94607
      View Details
    • $650,000
      11,527 SF

      Oakland Retail Property For Sale

      Retail property available for purchase in Oakland, California.
      322 Broadway, Oakland, CA 94607
      View Details
    • $1,400,000
      4,370 SF

      Prime Retail/Office Condo in Oakland

      Highly visible retail/office condo in a vibrant urban Oakland location.
      416 8Th St, Oakland, CA 94607
      View Details
    • $2,900,000

      Oakland Mixed-Use Investment Opportunity

      Renovated 4-unit building near transportation, dining, shopping, and entertainment.
      4Th St, Oakland, CA 94607
      View Details
    • $2,900,000
      16,682 SF

      Oakland Mixed-Use Investment Opportunity

      Renovated 4-unit building near transportation and entertainment.
      4Th St, Oakland, CA 94607
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      7,552 SF

      Oakland Office Space: 13th Street Gem

      Prime Oakland office space, flexible layouts, vibrant location.
      0 13Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      1,822 SF

      Retail Space with High Visibility

      Retail space with excellent branding and commuter visibility.
      1410-1440 7Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      3,751 SF

      Turnkey Restaurant Space in Oakland

      Second-generation restaurant in a thriving shopping and dining district.
      777 Broadway, Oakland, CA 94607
      View Details
    • Contact for pricing
      2,300 SF

      Oakland Retail Space Available

      Retail space available for rent in Oakland, California.
      555-559 5Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      6,137 SF

      Oakland Retail Space For Rent

      Retail space near BART, hotels, and residential developments.
      570 10Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      3,614 SF

      Oakland Retail Space For Rent

      Recently renovated retail space with high ceilings and refinished floors.
      472-478 9Th St, 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.
    322 Broadway
    Oakland, CA 94607
    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.