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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    385 17th St Oakland, CA 94612-3336

    • Investment properties
    • 11,026 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimations
    $2,115,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8407469
    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

    • Futuredraft / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 385 17th St

    Year built
    1943
    Construction
    TILT-UP CONCRETE
    Lot size
    0.13 lot acres
    Property size
    11,026 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    8-624-17
    APU
    862417

    Description

    This exceptional retail property, located at 385 17th Street in Oakland, California, offers four available spaces within a vibrant Uptown neighborhood. The 17,350 square foot building boasts a modern glass facade and sits on a 0.13-acre lot in Alameda County (zip code 94612). Individual suites range from a minimum of 600 square feet to a maximum contiguous space of 1,230 square feet, providing flexibility for a variety of businesses. Currently, 16,015 square feet are vacant, presenting a significant opportunity for immediate occupancy. The property benefits from its strategic location on a bustling block of 17th Street, surrounded by popular established businesses such as Wise Sons, Abruaya, Lion Dance Cafe, and Sobra Mesa, as well as newer additions like Timeless Coffee, Howden Market, and Senor Sisig. This prime location attracts a diverse clientele, including early morning and late-night crowds, nearby residents, and a consistent flow of office workers. The spaces are ideal for cafes (without existing kitchen hoods), boutiques, personal service businesses, or fitness studios. This is a rare opportunity to establish a presence in one of Oakland's most dynamic and sought-after commercial areas.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,790,000
      6.5%
      $2,575,000
      7%
      $2,390,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.268
    Latitude
    37.8059
    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
    $45,772
    $1,820,496
    $1,024,029
    $2,844,525
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,320,000
      9,280 SF

      1308 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 9,280 SF
      1308 Broadway, Oakland, CA 94612-2501
      View Details
    • Value Estimation by Request
      4,228 SF

      358 24th St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,228 SF
      358 24th St, Oakland, CA 94612-3125
      View Details
    • Value Estimation
      $1,645,000
      11,370 SF

      1544 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 11,370 SF
      1544 Broadway, Oakland, CA 94612-2002
      View Details
    • Value Estimation
      $1,365,000
      7,500 SF

      1611 Clay St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,500 SF
      1611 Clay St, Oakland, CA 94612-1531
      View Details
    • Value Estimation
      $1,045,000
      7,153 SF

      2332 San Pablo Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,153 SF
      2332 San Pablo Ave, Oakland, CA 94612
      View Details
    • Value Estimation
      $2,670,000
      20,260 SF

      1825 San Pablo Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 20,260 SF
      1825 San Pablo Ave, Oakland, CA 94612-1517
      View Details

    Similar Nearby for Sale

    • $599,000

      Unique Live-Work Condo in Oakland

      Post-modern live/work condo near Downtown Oakland with creative flair.
      2112 West St, Oakland, CA 94612
      View Details
    • $3,200,000
      16,582 SF

      West Oakland Live/Work Property

      Four-unit live/work property in West Oakland for sale.
      2515-2521 San Pablo Ave, Oakland, CA 94612
      View Details
    • $799,000
      4,000 SF

      610 14th Street, Oakland, CA 94612

      Mixed-Use Property in Oakland
      610 14Th St, Oakland, CA 94612
      View Details
    • New
      $2,250,000
      4,228 SF

      Oakland Mixed-Use Property with Parking

      Mixed-use building with residential units and income-producing parking.
      356-360 24Th St, Oakland, CA 94612
      View Details
    • Contact for pricing
      0.59 Acres

      Downtown Oakland Redevelopment Opportunity

      357-Unit Multifamily Development, 25,500 SF
      2044 Franklin St, Oakland, CA 94612
      View Details
    • Contact for pricing
      4,000 SF

      Mixed-Use Building in Downtown Oakland

      Mixed-use property near transit, shopping, and dining.
      610 14Th St, Oakland, CA 94612
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,906 SF

      Oakland Retail Space - Alice St

      Prime Oakland retail space, 2906 sq ft, Class A.
      0 Alice St, Oakland, CA 94612
      View Details
    • $13 SF/Yr
      5,921 SF

      Oakland Office Space for Lease

      Flexible Workspaces in Prime Location
      409 13Th St, Oakland, CA 94612
      View Details
    • Contact for pricing
      88,120 SF

      Oakland Office Building For Rent

      Office building with central cooling and heat pump system available.
      401-409 13 St | Oakland, Oakland, CA 94612
      View Details
    • Contact for pricing
      6,000 SF

      Oakland Restaurant Space with Elevator

      Restaurant space with full kitchen, bar, and private dining.
      2021 Broadway, Oakland, CA 94612
      View Details
    • Contact for pricing
      1,331 SF

      Vacant Retail Space in Oakland

      Retail space for lease in Oakland's Central Business District.
      1611-1617 Clay St, Oakland, CA 94612
      View Details
    • Contact for pricing
      3,259 SF

      Downtown Oakland Retail Space Available

      Prime retail space with exclusive BART access in downtown Oakland.
      499 14Th St, Oakland, CA 94612
      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.
    385 17th St
    Oakland, CA 94612-3336
    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.