Back to Search
Property profile & analytics
FOR LEASE
Motels
8100 Macarthur Blvd Oakland, CA 94605
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-8061904
For Lease
1 / 7
$2,000,000
8100 Macarthur Blvd, Oakland, CA 94605
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1938
Construction
WOOD
Total area
6,983 SF
Lot
0.46 ac (20,000 SF)
APN
40A-3422-11-4
UPID
US09-8061904
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
-
Park Lane Hotel & Motel
-
YA'S CUSTOM CLOSET LLC Custom T-Shirt Store
-
Promise Health and Wellness Inc. Alternative Medicine Practice Spa & Massage Center
-
B ARTHUR SCHOOL OF FINANICAL LITERACY LLC Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$2.00M
Owner & transaction history
Mba Hospitality INC · 1 yrs held
Mba Hospitality INC
since 2024
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.0M
+2.7%
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
$2,000,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,890,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,965,000
Change: +3% · Conversion: Difficult
RESTAURANT
$2,515,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$2,345,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Oct 14 2024)
Last sale anchor
$2.00M
Oct 14 2024
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
$286 / 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
$23,021
Tax year 2023
Assessed value
$1,354,987
Assessed 2024
Previous assessed
$1,328,422
+2.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$471,300
Assessed improvement
$883,687
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
Motels
Use group
MOTEL
Status
For Lease
Year built
1938
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
23
Rooms
23
Bathrooms
23
Total area
6,983 SF
Lot
0.46 ac (20,000 SF)
APN
40A-3422-11-4
UPID
US09-8061904
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
HOTEL/MOTEL Current
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
RESTAURANT
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.3M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1938
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
23
Rooms
23
Bathrooms
23
Lot
0.46 ac
Current owner
From public records · entity-resolved
Mba Hospitality INC
Entity
Free & Clear · 1 yrs held
Mailing address
8100 MACARTHUR BLVD, OAKLAND, CA 94605-3547
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2024
$2,000,000
Mba Hospitality INC
Shivaa LLC
Grant Deed
—
May 27, 2015
$300,000
Shivaa LLC
Patel Nareshbhai J
Grant Deed
$300,000 · Nareshbhai J Patel
May 27, 2015
—
Nareshbhai J Patel
Patel Vasantiben M
Quit Claim Deed
related
—
Mar 30, 2015
—
Nareshbhai J Patel
Park Lane Motel Ptshp
Deed In Lieu Of Foreclosure
related
—
Feb 6, 2007
$1,200,000
Park Lane Motel Ptshp
Patel,ranchhodbhai D & Bhuliben R
Grant Deed
$900,000 · Heritage Bank Of Commerce
Jun 28, 1994
$365,000
Ranchhodbhai D Patel
Patel,jagdishbha
Grant Deed
related
$220,000 · Sonoma National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
