Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3608 Grand Ave Oakland, CA 94610-2024
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3608 Grand Ave Oakland, CA 94610-2024

    View on Map
    • Office buildings
    • 7,170 SF
    • 0.12 lot acres
    Off-Market
    Property ID
    US09-9227502
    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.
    Value Estimations
    $790,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Covered California Certified Agent / Insurance Agency
    • Brady-Harbord-Payne Insurance Brokers / Insurance Agency
    • Gregory J Ward Law Offices / Law Firm / Insurance Agency
    • The Law Office of Lawrence L. Szabo / Law Firm / Financial Advisor
    • Covered California Certified Agent - Kent Alexander / Insurance Agency

    Property Details for 3608 Grand Ave

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    7,170 SF
    Property type
    Office buildings
    APN
    11-844-28
    APU
    1184428

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,063,000
      Market price range: $1.06M - $2.54M

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.245
    Latitude
    37.8152
    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
    $12,440
    $184,580
    $576,180
    $760,760
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,726 SF

      154 Santa Clara Ave

      OFFICE BUILDING • 1,726 SF
      154 Santa Clara Ave, Oakland, CA 94610-1323
      View Details
    • Value Estimation
      $1,030,000
      5,936 SF

      460 Blvd Way

      OFFICE BUILDING • 5,936 SF
      460 Blvd Way, Piedmont, CA 94610-1563
      View Details
    • Value Estimation
      $700,000
      5,340 SF

      164 Santa Clara Ave

      OFFICE BUILDING • 5,340 SF
      164 Santa Clara Ave, Oakland, CA 94610
      View Details
    • Value Estimation
      $1,530,000
      4,400 SF

      3000 Lakeshore Ave

      OFFICE BUILDING • 4,400 SF
      3000 Lakeshore Ave, Oakland, CA 94610-3615
      View Details
    • Value Estimation by Request
      0.09 Acres

      3331 Grand Ave

      OFFICE BUILDING • 0.09 Acres
      3331 Grand Ave, Oakland, CA 94610-2738
      View Details
    • Value Estimation
      $6,875,000
      36,748 SF

      401 Grand Ave

      OFFICE BUILDING • 36,748 SF
      401 Grand Ave, Oakland, CA 94610-5054
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,950 SF

      Oakland Office Building Near Lake

      Two-story office building with flexible redevelopment or owner-user potential.
      270 Grand Ave, Oakland, CA 94610
      View Details
    • Contact for pricing
      29,200 SF

      Oakland Mixed-Use Office Building

      Five-story mixed-use office building near Lake Merritt.
      440 Grand Ave, Oakland, CA 94610
      View Details
    • $938,100

      Oakland Multifamily Property For Sale

      Victorian multifamily property in Oakland's Trestle Glen area.
      3608 Kingsley St, Oakland, CA 94610
      View Details
    • $1,095,000
      Pending

      379 Staten Avenue, Oakland, CA 94610

      Duplexes • 2,222 SF
      379 Staten Ave, Oakland, CA 94610
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      5,230 SF

      Renovated Office Building Near BART

      Five-story office building with recent renovations and easy freeway access.
      401-411 Grand Ave, Oakland, CA 94610
      View Details
    • Contact for pricing
      13,927 SF

      Oakland Office Building For Rent

      Two-story office building in downtown Oakland, upgraded in 2018.
      268 Grand Ave, Oakland, CA 94610
      View Details
    • Contact for pricing
      499 SF

      Office Suites Near I-580

      Office suites available, close to freeway, stores, and restaurants.
      3756 Grand Ave, Oakland, CA 94610
      View Details
    • Contact for pricing
      8,755 SF

      Oakland Office Space For Rent

      Seismically upgraded office space available for rent in Oakland.
      600-618 Grand Ave, Oakland, CA 94610
      View Details
    • Contact for pricing
      350 SF

      Oakland Office Space For Rent

      Office space available in secure Oakland building with flexible floorplan.
      3661 Grand Ave, Oakland, CA 94610
      View Details
    • Contact for pricing
      2,478 SF

      Oakland Office Space Available

      Office space available for rent in Oakland, CA.
      3640 Grand Ave, Oakland, CA 94610
      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.
    3608 Grand Ave
    Oakland, CA 94610-2024
    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.
    Sign Up Successful!
    You now have access to more from Realmo!