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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Investment properties
7415 Macarthur Blvd Oakland, CA 94605-2936
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8948222
Property summary
AI-generated overview
This exceptional 3,578 square foot storefront, located at 7415 MacArthur Boulevard in Oakland, California, presents a compelling investment opportunity. Built in 1935, the property boasts timeless architectural charm and a prime location in the vibrant East Bay. Its strategic placement ensures strong visibility, making it an ideal setting for a variety of retail businesses to thrive and captivate customers. The building's versatile space offers significant potential for retail success. This iconic property, with its rich heritage, is perfectly positioned for retail excellence in the Oakland market. The Alameda County Assessor's Parcel Number (APN) is 040-3399-003-00. The asking price is $399,000. Note that this property is being marketed alongside 7421 and 7431 MacArthur Boulevard, offering potential for larger-scale development. The area is experiencing significant growth, with notable projects underway at nearby Liberation Park, reflecting Oakland's increasing demand for housing and commercial development. This presents a unique opportunity to acquire a piece of Oakland's history while capitalizing on the city's dynamic future. The property's zip code is 94605.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1935
Construction
WOOD
Total area
3,578 SF
Lot
0.08 ac (3,608 SF)
APN
40-3399-3
UPID
US09-8948222
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
-
Cascos Martial Arts Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
Black Cultural Zone Community Devel · 1 yrs held
Black Cultural Zone Community Devel
since 2025
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+114.6%
Medical building
$1.2M
+69.7%
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
$1,505,000
ML approach
$1,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,520,000
Change: +115% · Conversion: Difficult
MEDICAL BUILDING
$1,205,000
Change: +70% · Conversion: Easy
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±10% · vs last sale $1.40M (May 13 2025)
Last sale anchor
$1.40M
May 13 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
$404 / 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
$3,003
Tax year 2023
Assessed value
$90,139
Assessed 2024
Previous assessed
$88,371
+2.0% YoY
Effective rate
3.33%
On assessed value
Assessed land
$47,353
Assessed improvement
$42,786
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Total area
3,578 SF
Lot
0.08 ac (3,608 SF)
APN
40-3399-3
UPID
US09-8948222
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
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
1935
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Black Cultural Zone Community Devel
Individual
Mailing address
2765 75TH AVE, OAKLAND, CA 94605-2839
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2025
$1,400,000
Black Cultural Zone Community Devel
William M Owens
Grant Deed
—
Dec 9, 2004
—
Mary Owens
Owner,record
Grant Deed
related
—
Jan 29, 2001
—
All Saints Universal Church
Owens,wilalim M & Mary
Grant Deed
related
—
Sep 26, 1972
—
William M Owens
—
Grant Deed
related
—
—
—
William M Owens
—
Deed Of Trust
related
$500,000 · Interbay Funding LLC
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.
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