Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$33,830,000
Motels
3650 Mandela Pkwy Oakland, CA 94608-3565
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-8803605
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2002
Construction
WOOD
Total area
65,620 SF
Lot
2.97 ac (129,504 SF)
APN
7-617-46-2
UPID
US09-8803605
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
-
Extended Stay America - Oakland - Emeryville Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$33.83M
Blend (final)
Blend
$33.83M
Owner & transaction history
Sign Value INC · 1 yrs held
Sign Value INC
since 2025
Last sale
$33.0M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$31.0M
+14.1%
Neighborhood: shopping center
$27.9M
+2.7%
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
$35,495,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$27,150,000
Current use
COMMERCIAL (GENERAL)
$30,975,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$27,880,000
Change: +3% · Conversion: Difficult
RESTAURANT
$23,625,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$22,055,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$33.83M
Range $30.45M – $37.21M · ±10% · vs last sale $33.00M (Apr 9 2025)
Last sale anchor
$33.00M
Apr 9 2025
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
$516 / 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
$273,504
Tax year 2023
Assessed value
$17,096,225
Assessed 2024
Previous assessed
$16,610,431
+2.9% YoY
Effective rate
1.60%
On assessed value
Assessed land
$5,023,960
Assessed improvement
$12,072,265
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
NONE
Buildings
1
Stories
4
Units
149
Total area
65,620 SF
Lot
2.97 ac (129,504 SF)
APN
7-617-46-2
UPID
US09-8803605
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
HOTEL/MOTEL Current
Est. value
$27.2M
COMMERCIAL (GENERAL)
Est. value
$31.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$27.9M
RESTAURANT
Est. value
$23.6M
MEDICAL BUILDING
Est. value
$22.1M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
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
2002
Construction
WOOD
Heating
NONE
Stories
4
Buildings
1
Units
149
Lot
2.97 ac
Current owner
From public records · entity-resolved
Sign Value INC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 49550, CHARLOTTE, NC 28277-9550
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
—
Sign Value INC
Esa P Portfolio LLC
Deed
—
Apr 9, 2025
$33,000,000
Mandela Homes LP
Esa P Portfolio LLC
Grant Deed
$27,640,734 · Department Of Social Services
Jun 24, 2021
—
Esa P Portfolio LLC
—
Deed
related
—
May 31, 2007
—
Bre Of Esa P Portfolio LLC
Bre Of Esa Properties LLC
Quit Claim Deed
—
May 28, 2004
—
Bre/esa Properties LLC
Extended Stay Ca INC
Grant Deed
related
—
Oct 31, 2000
—
Extended Stay Ca INC
Wds-vc I LLC
Grant Deed
related
—
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 3650 Mandela Pkwy?
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.
