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Property profile & analytics
FOR SALE
Office buildings
8480 Enterprise Way Oakland, CA 94621
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9262234
For Sale
1 / 2
$3,995,000
8480 Enterprise Way, Oakland, CA 94621
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
TILT-UP CONCRETE
Total area
12,800 SF
Lot
1.31 ac (57,063 SF)
APN
42-4318-36-2
UPID
US09-9262234
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
-
Planned Parenthood - East Oakland / Coliseum Health Center Abortion Clinic Family Planning Center
-
Michael Liberato Physician
-
Korol & Omdahl Accident Attorney Group Law Firm
-
Roxane Roncarolo De Vries Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.50M
CAP Approach
CAP
$2.82M
Comparable Approach
Comparable
$4.53M
Blend (final)
Blend
$3.55M
Owner & transaction history
Chareonsri Mah · 2 yrs held
Chareonsri Mah
since 2023
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.4M
+76.3%
Restaurant
$4.6M
+49.4%
Medical building
$4.3M
+39.5%
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
$3,420,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
$3,050,000
6.5%
$2,815,000
7%
$2,615,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,085,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,440,000
Change: +76% · Conversion: Difficult
RESTAURANT
$4,610,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$4,300,000
Change: +39% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,080,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$3,045,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,820,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$3.55M
Range $3.19M – $3.90M · ±10% · vs last sale $4.00M (Sep 11 2023)
Last sale anchor
$4.00M
Sep 11 2023
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
$277 / 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
$68,170
Tax year 2023
Assessed value
$4,080,000
Assessed 2024
Previous assessed
$4,000,000
+2.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$2,040,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
12,800 SF
Lot
1.31 ac (57,063 SF)
APN
42-4318-36-2
UPID
US09-9262234
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
OFFICE BUILDING Current
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.4M
RESTAURANT
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.3M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
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
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Chareonsri Mah
Individual
Mailing address
4962 SAN PABLO DM RD, RICHMOND, CA 94803-3224
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
—
Raymond Mah
—
Deed
related
$2,112,500 · Metropolitan Bank
Sep 11, 2023
—
Chareonsri Mah
Chareonsri Mah
Intrafamily Transfer
related
—
Jul 19, 2022
$4,000,000
Chareonsri Mah
Douglas Motor Service
Grant Deed
—
Jan 25, 2018
$2,950,000
Douglas Motor Service
B Cubed LLC
Grant Deed
—
Apr 23, 2008
$2,300,000
B Cubed LLC
Associated Lighting Representa
Grant Deed
$1,725,000 · City National Bank
Oct 16, 1998
$725,000
Associates Lighting Reprecenta
San Francisco Bay Area Council
Grant Deed
—
Feb 16, 1973
—
—
—
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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