Property profile

860 81st Ave Oakland, CA 94621

OFF-MARKET
Flex space
Property ID
US09-7999429
129,726 SF 5.38 ac lot Built 1958
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1958
Construction TILT-UP CONCRETE
Total area 129,726 SF
Lot 5.38 ac (234,353 SF)
APN 41-4207-1
UPID US09-7999429

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility Warehouse & Storage

Location

860 81st Ave Oakland, CA 94621-2510
Oakland metro Census 409500 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$38.75M
CAP Approach CAP
$24.42M
Comparable Approach Comparable
$43.50M
Blend (final) Blend
$38.75M

Owner & transaction history

since 2024
Last sale
$38.8M
7 recorded transactions
2024
$38.8M
2023
Price N/A
2020
$26.2M
2018
Price N/A
2014
Price N/A
2012
Price N/A
2011
$3.5M

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $55.1M +33.3%
Restaurant $46.7M +12.9%
Medical building $43.6M +5.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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