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

    466 8th St Oakland, CA 94607

    • Investment properties
    • 9,960 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    $2,100,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8367428
    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

    • Investment properties

    Property Details for 466 8th St

    Year built
    1900
    Construction
    TILT-UP CONCRETE
    Lot size
    0.17 lot acres
    Property size
    9,960 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1-201-7
    APU
    12017

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,520,000
      6.5%
      $2,325,000
      7%
      $2,160,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,956,000
      Market price range: $1.67M - $4.06M
      AI Estimate
      $2,022,000
      Market price range: $706k - $4.46M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,555,000
      Current use
      MEDICAL BUILDING
      $3,345,000
      Change: +31% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $3,305,000
      Change: +29% Conversion: Moderate
      OFFICE BUILDING
      $2,580,000
      Change: +1% Conversion: Easy
      RETAIL STORES
      $2,370,000
      Change: -7% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.274
    Latitude
    37.8006
    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
    $38,298
    $581,440
    $1,744,321
    $2,325,761
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,045,000
      21,183 SF

      478 9th St

      OFFICE/RESIDENTIAL (MIXED USE) • 21,183 SF
      478 9th St, Oakland, CA 94607
      View Details
    • Value Estimation
      $770,000
      4,890 SF

      413 3rd St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,890 SF
      413 3rd St, Oakland, CA 94607-3816
      View Details
    • Value Estimation
      $1,065,000
      7,200 SF

      722 Franklin St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,200 SF
      722 Franklin St, Oakland, CA 94607-3932
      View Details
    • Value Estimation
      $1,585,000
      11,875 SF

      1110 Franklin St

      OFFICE/RESIDENTIAL (MIXED USE) • 11,875 SF
      1110 Franklin St, Oakland, CA 94607-6528
      View Details
    • Value Estimation
      $1,450,000
      7,205 SF

      707 Peralta St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,205 SF
      707 Peralta St, Oakland, CA 94607-1944
      View Details
    • Value Estimation
      $725,000
      3,470 SF

      333 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,470 SF
      333 Broadway, Oakland, CA 94607-3804
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.30 Acres

      Oakland Waterfront Development Opportunity

      Luxury condos, prime location, shovel-ready.
      201 Broadway, Oakland, CA 94607
      View Details
    • $2,900,000
      16,682 SF

      Oakland Mixed-Use Investment Opportunity

      Renovated 4-unit building near transportation and entertainment.
      4Th St, Oakland, CA 94607
      View Details
    • $599,000
      3,441 SF

      Oakland Office Building Investment Opportunity

      Historic Oakland building, renovated, ideal for office or investment.
      737 2Nd St, Oakland, CA 94607
      View Details
    • $350,000
      5,406 SF

      West Oakland Development Site

      Prime location, mixed-use potential.
      1795 11Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      36,962 SF

      Creative Office Building Opportunity

      Creative office building available for owner-user in Oakland, CA.
      300-310 12Th St, Oakland, CA 94607
      View Details
    • Contact for pricing

      Oakland Office Space For Sale

      Office space available for purchase in Oakland, California.
      369-373 9Th St, Oakland, CA 94607
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Turn-Key Restaurant in Jack London

      Restaurant space with kitchen buildout in Oakland's Jack London.
      350 4Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      1,822 SF

      Retail Space with High Visibility

      Retail space with excellent branding and commuter visibility.
      1410-1440 7Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      1,795 SF

      Creative Office Space with Parking

      Creative office space featuring on-site parking near Jack London Square.
      550-590 2Nd St, Oakland, CA 94607
      View Details
    • Contact for pricing
      3,751 SF

      Turnkey Restaurant Space in Oakland

      Second-generation restaurant in a thriving shopping and dining district.
      777 Broadway, Oakland, CA 94607
      View Details
    • Contact for pricing
      6,137 SF

      Oakland Retail Space For Rent

      Retail space near BART, hotels, and residential developments.
      570 10Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      3,614 SF

      Oakland Retail Space For Rent

      Recently renovated retail space with high ceilings and refinished floors.
      472-478 9Th St, Oakland, CA 94607
      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      1.3k
    • Avg Time on site
      33 min
    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.
    466 8th St
    Oakland, CA 94607
    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.