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Property profile & analytics
OFF-MARKET
Medical Office Space

435 8th St2a Oakland, CA 94607-3963

655 SF 0.09 ac lot Built 1992
Trust Owned 28-yr Hold Free & Clear
Property ID
US09-9262302
Property summary
AI-generated overview

This exceptional Oakland, CA retail property, located at 435-3A 8th Street, offers a unique investment opportunity. Priced at $250,000, this 1,000 square foot mixed-use building sits on a 3,752 square foot lot in the 94607 zip code. The property boasts a highly desirable corner location with dual street entrances, providing excellent accessibility for customers. While publicly recorded as 1,000 square feet, the property includes an unpermitted second floor, significantly increasing the usable space. This added space presents a versatile opportunity for conversion into residential units or expansion of the existing commercial space, creating substantial added value. The property is currently vacant, allowing for immediate customization and tenant selection. This prime location in Alameda County presents a compelling opportunity for both investors seeking a value-add project and owner-occupants looking for a flexible space. The property's size and location make it ideal for a variety of uses, maximizing its potential return on investment. This is a rare chance to acquire a property with significant upside potential in a thriving Oakland neighborhood.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1992
Construction STEEL FRAME
Total area 655 SF
Lot 0.09 ac (3,752 SF)
APN 1-195-15
UPID US09-9262302
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
  • Oakland Accident Care Alternative Medicine Practice
  • Hands For Life Lake Merritt Charitable Organization Social Service Agency
  • Aki Parking Parking Lot & Garage
  • Spinal Care Alternative Medicine Practice
  • Yeung Wai Wah Herbalist Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wong Trust · 28 yrs held
Wong Trust
since 1998
1 recorded transaction
1998
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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