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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Office buildings
3521 Grand Ave Oakland, CA 94610-2011
Individually Owned
3-yr Hold
Free & Clear
Property ID
US09-9051677
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Construction
WOOD
Total area
2,267 SF
Lot
0.09 ac (4,000 SF)
APN
10-827-64
UPID
US09-9051677
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
-
Discovery Investment Inc Property Management Company
-
Jaffe Harold M Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$802k
Blend (final)
Blend
$750k
Owner & transaction history
Nora Garcia Zepeda · 3 yrs held
Nora Garcia Zepeda
since 2022
Last sale
$898,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$965,000
+76.3%
Medical building
$760,000
+39.5%
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
$665,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$540,000
6.5%
$500,000
7%
$465,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$545,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$760,000
Change: +39% · Conversion: Easy
RETAIL STORES
$540,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$500,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $898k (Sep 21 2022)
Last sale anchor
$898k
Sep 21 2022
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
$331 / 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
$16,957
Tax year 2023
Assessed value
$1,119,659
Assessed 2024
Previous assessed
$1,097,707
+2.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$300,515
Assessed improvement
$819,144
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1922
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
1
Rooms
7
Bathrooms
2
Total area
2,267 SF
Lot
0.09 ac (4,000 SF)
APN
10-827-64
UPID
US09-9051677
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
OFFICE BUILDING Current
Est. value
$545,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$965,000
MEDICAL BUILDING
Est. value
$760,000
RETAIL STORES
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$500,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (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
1922
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
1
Rooms
7
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Nora Garcia Zepeda
Individual
Free & Clear · 3 yrs held
Mailing address
268 SOMERSET RD, PIEDMONT, CA 94611-3310
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
—
Nora Garcia Zepeda
Nora Garcia Zepeda
Intrafamily Transfer
related
—
Nov 13, 2018
—
Frank Zepeda
Zepeda,frank
Quit Claim Deed
related
—
Feb 8, 2018
—
Frank Zepeda
Garcia-zepeda,nora V
Quit Claim Deed
related
—
Feb 8, 2018
$898,000
Martin F Chan
Stephen H Cornet
Grant Deed
—
Feb 7, 1996
—
Cornet Trust
Cornet,stephen H
Quit Claim Deed
related
—
—
—
Stephen Cornet
—
Deed Of Trust
related
$110,000 · Individual
—
—
Stephen Cornet
—
Deed Of Trust
related
$170,000 · Sun Capitol Fina
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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