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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Commercial real estate
8720 Macarthur Blvd Oakland, CA 94605-4031
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-8364792
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1915
Construction
WOOD
Total area
2,486 SF
Lot
0.15 ac (6,500 SF)
APN
43A-4638-37
UPID
US09-8364792
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$616k
Blend (final)
Blend
$505k
Owner & transaction history
Jia Yang · 19 yrs held
Jia Yang
since 2007
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$835,000
+69.7%
Office building
$600,000
+21.7%
Retail stores
$590,000
+20.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$530,000
7%
$490,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$490,000
Current use
MEDICAL BUILDING
$835,000
Change: +70% · Conversion: Easy
OFFICE BUILDING
$600,000
Change: +22% · Conversion: Easy
RETAIL STORES
$590,000
Change: +20% · Conversion: Easy
WAREHOUSE, STORAGE
$475,000
Change: -4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$465,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
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
$203 / 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
$12,145
Tax year 2023
Assessed value
$733,772
Assessed 2024
Previous assessed
$719,386
+2.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$169,628
Assessed improvement
$564,144
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1915
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Bathrooms
2
Total area
2,486 SF
Lot
0.15 ac (6,500 SF)
APN
43A-4638-37
UPID
US09-8364792
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
COMMERCIAL (GENERAL) Current
Est. value
$490,000
MEDICAL BUILDING
Est. value
$835,000
OFFICE BUILDING
Est. value
$600,000
RETAIL STORES
Est. value
$590,000
WAREHOUSE, STORAGE
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$465,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1915
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Jia Yang
Individual
Mailing address
8720 MACARTHUR BLVD, OAKLAND, CA 94605-4031
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2007
$363,000
Jia Yang
Zhou,yi Z
Grant Deed
$484,000 · Mortgageit INC
Jul 14, 2005
$485,000
Yi Z Zhou
Gupta,kalbushan
Grant Deed
$363,750 · Metropolitan Bank
Jul 14, 2005
—
Vanau
Au,nancy
Quit Claim Deed
related
—
Feb 7, 1979
$34,500
Kulbushan Gupta
—
Grant Deed
related
$20,000
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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