Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9693 Cherry St Oakland, CA 94603-2649

    • Apartment buildings
    • 4,480 SF
    • 0.17 lot acres
    OFF-MARKET
    Last Sale
    Aug 17, 2021
    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8361452
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Casa Oakland / Hotel & Motel / Bed & Breakfast

    Property Details for 9693 Cherry St

    Year built
    1966
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    4,480 SF
    Property type
    Apartment buildings
    APN
    46-5441-12
    APU
    46544112

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $831,000
      Market price range: $445k - $831k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $635,000
      Current use
      OFFICE BUILDING
      $1,080,000
      Change: +71% Conversion: Moderate
      RETAIL STORES
      $1,065,000
      Change: +68% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $985,000
      Change: +56% Conversion: Moderate
      WAREHOUSE, STORAGE
      $855,000
      Change: +35% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $840,000
      Change: +33% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.167
    Latitude
    37.747
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,635
    $318,360
    $873,367
    $1,191,727
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $570,000
      3,726 SF

      9939 International Blvd

      APARTMENT HOUSE (5+ UNITS) • 3,726 SF
      9939 International Blvd, Oakland, CA 94603-2500
      View Details
    • Value Estimation
      $535,000
      3,520 SF

      9640 Bancroft Ave

      APARTMENT HOUSE (5+ UNITS) • 3,520 SF
      9640 Bancroft Ave, Oakland, CA 94603-2813
      View Details
    • Value Estimation
      $1,200,000
      9,608 SF

      9332 Ee St

      APARTMENT HOUSE (5+ UNITS) • 9,608 SF
      9332 Ee St, Oakland, CA 94603-1243
      View Details
    • Value Estimation
      $2,020,000
      17,343 SF

      2341 90th Ave

      APARTMENT HOUSE (5+ UNITS) • 17,343 SF
      2341 90th Ave, Oakland, CA 94603-2849
      View Details
    • Value Estimation by Request
      3,038 SF

      9317 B St

      APARTMENT HOUSE (5+ UNITS) • 3,038 SF
      9317 B St, Oakland, CA 94603-1437
      View Details
    • Value Estimation
      $1,800,000
      14,026 SF

      2125 92nd Ave

      APARTMENT HOUSE (5+ UNITS) • 14,026 SF
      2125 92nd Ave, Oakland, CA 94603-1869
      View Details

    Similar Nearby for Sale

    • $915,000
      4,400 SF

      Oakland Multifamily Investment Opportunity

      Eight-unit multifamily property with value-add potential in Oakland.
      714 Tyler St, Oakland, CA 94603
      View Details
    • $765,000
      4,189 SF

      Oakland Multifamily Investment Opportunity

      Eight-unit residential property in Oakland's Ivywood neighborhood.
      9996 International Blvd, Oakland, CA 94603
      View Details
    • $975,000
      3,726 SF

      Six-Unit Residential Asset in Oakland

      Six-unit residential property in North Stonehurst neighborhood with income potential.
      9939 International Blvd, Oakland, CA 94603
      View Details
    • $600,000
      4,951 SF

      Oakland Mixed-Use Investment Opportunity

      Mixed-use property with residential and retail units in Oakland.
      9922 International Blvd, Oakland, CA 94603
      View Details
    • $749,000

      Oakland Multifamily Property For Sale

      Multifamily property with stabilized income, close to freeways.
      748 Clara St, Oakland, CA 94603
      View Details
    • $750,000
      4,139 SF

      Oakland Multifamily Fixer-Upper Opportunity

      Spacious 5-unit multifamily property in Oakland with redevelopment potential.
      1362 104Th Ave, Oakland, CA 94603
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      400 SF

      Office and Retail Shopping Center

      Office and retail spaces in a well-situated Oakland shopping center.
      10800-10950 International Blvd, Oakland, CA 94603
      View Details
    • Contact for pricing

      Office and Retail Shopping Center

      Office and retail shopping center with excellent frontage and access.
      10950 International Blvd, Oakland, CA 94603
      View Details
    • Contact for pricing
      20,155 SF

      Oakland Warehouse with Secured Site

      20,155 SF warehouse space with secure, fenced yard.
      72 98Th Ave, Oakland, CA 94603
      View Details
    • $2 SF/Yr
      33,044 SF

      Oakland Industrial Warehouse with Yard

      33,044 SF warehouse with 9.17 acre yard available now.
      850 92Nd Ave, Oakland, CA 94603
      View Details
    • Contact for pricing
      30,000 SF

      Oakland Marketplace Opportunity

      Prime Oakland retail/office space available
      10950 International Blvd, Oakland, CA 94603
      View Details
    • Contact for pricing
      2 SF

      Oakland Warehouse Near Transportation Hubs

      Warehouse space with quick freeway access and proximity to transportation.
      10203 E St, Oakland, CA 94603
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9693 Cherry St
    Oakland, CA 94603-2649
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!