Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Medical Office Space
3317 Elm St Oakland, CA 94609-3052
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8366591
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1959
Construction
WOOD
Total area
5,866 SF
Lot
0.19 ac (8,283 SF)
APN
9-746-8
UPID
US09-8366591
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
-
Health Unlimited Alternative Medicine Practice
-
Kimberly Hicks Md Incorporated Physician
-
Dr. Tyrone E. Snipes, DO Physician
-
Mose C. Thornton, DPM Physician
-
Bay Area Black Nurses Association Inc. Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.23M
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
2339 Holdings LLC · 4 yrs held
2339 Holdings LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+7.1%
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
$1,085,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,495,000
7%
$1,390,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,970,000
Current use
RESTAURANT
$2,110,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,695,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±10% · vs last sale $1.45M (Sep 24 2021)
Last sale anchor
$1.45M
Sep 24 2021
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
$228 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$39,946
Tax year 2023
Assessed value
$2,548,980
Assessed 2024
Previous assessed
$2,499,000
+2.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$1,784,286
Assessed improvement
$764,694
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
5
Rooms
21
Total area
5,866 SF
Lot
0.19 ac (8,283 SF)
APN
9-746-8
UPID
US09-8366591
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
MEDICAL BUILDING Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING Current
RESTAURANT
INDUSTRIAL (GENERAL)
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
1959
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
5
Rooms
21
Lot
0.19 ac
Current owner
From public records · entity-resolved
2339 Holdings LLC
Entity
Mailing address
2710 TELEGRAPH AVE STE #250, OAKLAND, CA 94612-1776
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2021
$1,450,000
2339 Holdings LLC
Richard David Odenheimer
Grant Deed
$1,100,000 · Shik Jung
Jan 20, 2021
$40,000
Sep Erik Housh
Plm Lender Services INC|hicks,kimberly
Foreclosure
related
—
Aug 17, 2017
—
Kimberly Hicks
—
Deed
related
$200,000 · Erik Housh
Nov 23, 2016
—
Kimberly Hicks
Elm Street Medical Building Ll
Quit Claim Deed
related
—
Nov 21, 2016
—
Kimberly Hicks
—
Deed
related
$750,000 · Allen Dallas V Trust (pt)
Sep 7, 2016
—
Kimberly Hicks
Elm Street Medical Building Ll
Quit Claim Deed
—
Feb 11, 2009
—
Elm Street Medical Building Ll
Hicks,kimberly
Grant Deed
—
Jul 11, 2006
—
Kimberly Hicks
Hicks,kimberly
Quit Claim Deed
related
—
Jun 16, 2003
—
Elm Street Medical Building
Hicks,kimberly
Grant Deed
related
—
Apr 4, 2000
$141,000
Kimberly Hicks
Mee,michael J & Peggy G
Grant Deed
related
$77,800 · Seller
Dec 20, 1994
$35,000
Michael J Mee
R G & D K Ehrhardt Invs
Trustees Deed
—
Feb 15, 1991
$204,500
Rg Ehrhardt
Mee,m.&p./falik,
Grant Deed
related
—
—
—
Kimberly Hicks
—
Deed Of Trust
related
$355,000 · Tamalpais Bank
—
—
Kimberly Hicks
—
Deed Of Trust
related
$750,000 · Allen Dallas V Trust (pt)
—
—
Kimberly Hicks
—
Deed Of Trust
related
$200,000 · Erik Housh
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3317 Elm St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
