Your AI Navigator in Commercial Real Estate
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
    Back to Search
    Property profile & analytics

    400 12th St Oakland, CA 94606-2311

    • Turn key restaurants
    • 2,483 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    $235,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8914065
    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

    • Pendergast Co. / Food Products Supplier

    Property Details for 400 12th St

    Year built
    2005
    Lot size
    0.17 lot acres
    Property size
    2,483 SF
    Property type
    Turn key restaurants
    APN
    20-125-21
    APU
    2012521

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $196,000
      Market price range: $182k - $482k

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.255
    Latitude
    37.7958
    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
    $9,188
    $79,907
    $498,491
    $578,398
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $260,000
      3,957 SF

      288 18th St

      RESTAURANT • 3,957 SF
      288 18th St, Oakland, CA 94606-1729
      View Details
    • Value Estimation
      $280,000
      3,182 SF

      401 International Blvd

      RESTAURANT • 3,182 SF
      401 International Blvd, Oakland, CA 94606-2314
      View Details
    • Value Estimation
      $270,000
      836 SF

      Dennison St

      RESTAURANT • 836 SF
      Dennison St, Oakland, CA 94606
      View Details
    • Value Estimation
      $1,200,000
      2,789 SF

      340 23rd Ave

      RESTAURANT • 2,789 SF
      340 23rd Ave, Oakland, CA 94606-5303
      View Details
    • Value Estimation
      $310,000
      5,760 SF

      1026 Cotton St

      RESTAURANT • 5,760 SF
      1026 Cotton St, Oakland, CA 94606
      View Details
    • Value Estimation
      $280,000
      1,690 SF

      807 12th St

      RESTAURANT • 1,690 SF
      807 12th St, Oakland, CA 94606-3626
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Oakland Commercial Kitchen/Warehouse For Sale

      Commercial kitchen/warehouse near I-880 & Park Street Bridge.
      1710 E 12Th St, Oakland, CA 94606
      View Details
    • $299,000
      520 SF

      Ground-Level Condo with Street Visibility

      Versatile condo ideal for office, retail, or creative use.
      1515 14Th St, Oakland, CA 94606
      View Details
    • $275,000

      Ground-Level Condo with Street Visibility

      Condo suitable for office, retail, or creative use.
      1515 14Th Ave, Oakland, CA 94606
      View Details
    • $850,000
      3,718 SF

      Mixed-Use Building Near Lake Merritt

      Retail and residential income property near Lake Merritt BART.
      414 E 12Th St, Oakland, CA 94606
      View Details
    • $275,000
      520 SF

      Ground-Level Condo with Street Visibility

      Well-maintained condo suitable for office, retail, or creative use.
      14Th Ave, Oakland, CA 94606
      View Details
    • $1,500,000
      1,626 SF

      Development Opportunity in Oakland, CA

      Prime land with flexible development potential in a central location.
      1901 Park Blvd, Oakland, CA 94606
      View Details

    Similar Nearby for Lease

    • $149,900

      Mixed-Use Property in Business District

      Renovated mixed-use property with commercial space and residential units.
      1612 International Blvd, Oakland, CA 94606
      View Details
    • $1.75 SF/Yr
      746 SF

      Oakland Retail Space For Rent

      Retail space in Oakland with high traffic and parking.
      2501-2503 14Th Ave, Oakland, CA 94606
      View Details
    • $2 SF/Yr
      5,510 SF

      Downtown Oakland Retail Space Available

      Prime retail space with BART access in Downtown Oakland.
      500 12Th St, Oakland, CA 94606
      View Details
    • $24 SF/Yr
      4,000 SF

      Oakland Office Space For Lease

      4,000 SF stand-alone office building, convenient location, abundant parking.
      1946 Embarcadero, Oakland, CA 94606
      View Details
    • $25 SF/Yr
      13,460 SF

      Shell Condition Office Space

      Office space in shell condition, near transportation.
      601 12Th St, Oakland, CA 94606
      View Details
    • $1.00 SF/Yr
      3,600 SF

      Oakland Industrial Building with Office

      3,600 SF industrial building with office space for lease.
      1828 International Blvd, Oakland, CA 94606
      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.
    400 12th St
    Oakland, CA 94606-2311
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.