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

    330 2Nd St, Unit | Oakland Oakland, CA 94607

    • Office buildings
    • 9,879 SF
    • 0.21 lot acres
    For Lease
    View listing
    Last Sale
    Jun 07, 2022
    $4,725,000
    Value Estimations
    $3,250,000
    Cap Rate Potential
    4%
    Office buildings
    Location Intelligence
    Property ID
    US09-8583740
    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

    • LearnVirtual Education for Building Professionals / Education
    • My Kitchen Remodel Oakland A+ Remodeling & Design / Kitchen Remodeler / Bathroom Remodeler
    • NAI NorCal / Real Estate Agency
    • Oakland Roof Contractor - Repair & Install P.R.O / Interior Construction Contractor / Siding Contractor
    • Foundation Repair Contractor Oakland / Interior Construction Contractor / Concrete Contractor

    Property Details for 330 2Nd St

    Year built
    1990
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    9,879 SF
    Property type
    Office buildings
    APN
    1-149-4-1
    APU
    114941

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,495,000
      ML approach
      $3,555,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,355,000
      6.5%
      $2,175,000
      7%
      $2,020,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,416,000
      Market price range: $1.55M - $3.42M
      AI Estimate
      $3,131,000
      Market price range: $612k - $3.13M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,555,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $4,195,000
      Change: +64% Conversion: Difficult
      RESTAURANT
      $3,555,000
      Change: +39% Conversion: Moderate
      MEDICAL BUILDING
      $3,320,000
      Change: +30% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $3,275,000
      Change: +28% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,535,000
      Change: -1% Conversion: Easy
      RETAIL STORES
      $2,350,000
      Change: -8% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.273
    Latitude
    37.7952
    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
    $71,247
    $2,457,945
    $2,457,945
    $4,915,890
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      6,900 SF

      636 9th St

      OFFICE BUILDING • 6,900 SF
      636 9th St, Oakland, CA 94607-3604
      View Details
    • Value Estimation
      $580,000
      18,000 SF

      383 4th St

      OFFICE BUILDING • 18,000 SF
      383 4th St, Oakland, CA 94607-4156
      View Details
    • Value Estimation
      $140,000
      27,598 SF

      500 12th St

      PROFESSIONAL BUILDING (MULTI-STORY) • 27,598 SF
      500 12th St, Oakland, CA 94607-4076
      View Details
    • Value Estimation
      $485,000
      22,696 SF

      318 Harrison St

      OFFICE BUILDING • 22,696 SF
      318 Harrison St, Oakland, CA 94607-4109
      View Details
    • Value Estimation
      $265,000
      1,254 SF

      567 5th St

      OFFICE BUILDING • 1,254 SF
      567 5th St, Oakland, CA 94607-3500
      View Details
    • Value Estimation
      $325,000
      16,008 SF

      100 Oak St

      OFFICE BUILDING • 16,008 SF
      100 Oak St, Oakland, CA 94607-4510
      View Details

    Similar Nearby for Sale

    • $4,500,000
      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
    • 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
      36,962 SF

      Creative Office Building Opportunity

      Creative office building available for owner-user in Oakland, CA.
      300-310 12Th St, Oakland, CA 94607
      View Details
    • $1,480,000
      5,700 SF

      Oakland Office Building For Sale

      Downtown Oakland office building near BART and Old Oakland.
      713-717 Washington St, Oakland, CA 94607
      View Details
    • $2,130,000
      7,753 SF

      Downtown Oakland Office For Sale

      Located in the heart of Old Oakland near BART.
      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

    Similar Nearby for Lease

    • $2 SF/Yr
      13,200 SF

      Historical Landmark Office Space

      Restored office building with functional improvements and high ceilings.
      101 Broadway, Oakland, CA 94607
      View Details
    • $57 SF/Yr
      25,076 SF

      Downtown Oakland Office Space Available

      High-quality office tower with first-class finishes and world-class views.
      555 12Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      9,879 SF

      Oakland Office Space Available

      Multiple office suites available for lease in Oakland, CA.
      330 2Nd St, Oakland, CA 94607
      View Details
    • Contact for pricing
      4,370 SF

      Oakland Office Space Available

      4,370 square feet of office space for rent.
      800 Broadway, Oakland, CA 94607
      View Details
    • $24 SF/Yr
      3,500 SF

      Creative Office Space Available

      Creative office space with private entrance and gated parking.
      329 Jefferson St, Oakland, CA 94607
      View Details
    • Contact for pricing
      13,041 SF

      Oakland Office Space Available

      Office space available for rent in Oakland, CA.
      299 3 St | Oakland, 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.
    330 2Nd St, Unit | Oakland
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.