Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    980 8th St Oakland, CA 94607-3104
    Back to Search
    Property profile & analytics

    980 8th St, Oakland, CA 94607-3104

    View on Map
    • Specialty properties
    • 6,260 SF
    • 0.27 lot acres
    Off-Market
    Property ID
    US09-8623701
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Baker Prado Funeral Home / Social Service Agency

    Property Details for 980 8th St

    Year built
    1958
    Construction
    TILT-UP CONCRETE
    Lot size
    0.27 lot acres
    Property type
    Specialty properties
    APN
    4-7-2
    APU
    472

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 19, 2019 — Continental Group LLC — Deed · related $618k · Southland Economic Dev
    Oct 30, 2018 $1,500,000 The Continental Group LLC 5500 Foothill Association LLC Grant Deed $600k · Jpmorgan Chase Bank NA
    Nov 9, 2006 $2,400,000 5500 Foothill Association LLC Williams,larry D Grant Deed $1.9M · Mainstreet Lender 7(a) LLC
    Oct 4, 2000 — Williams Acquisition Corp Baker Mortuary INC Grant Deed $2M · Citizens Bank Massachusetts
    — — Continental Group LLC — Deed Of Trust · related $750k · Jp Morgan Chase Bk
    — — Continental Group LLC — Deed Of Trust · related $618k · Southland Economic Dev
    — — Williams Acquisition Corp — Deed Of Trust · related $1.1M · Bridge Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.284
    Latitude
    37.8043
    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
    $18,794
    $778,664
    $256,174
    $1,034,838
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      17,487 SF

      200 Harrison St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      200 Harrison St, Oakland, CA 94607-4114
      View Details
    • Value Estimation by Request
      0.19 Acres

      321 8th St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      321 8th St, Oakland, CA 94607-4209
      View Details
    • Value Estimation by Request
      331 SF

      435 8th St3b

      PROFESSIONAL CLUBS/ASSOCIATIONS
      435 8th St3b, Oakland, CA 94607-3963
      View Details
    • Value Estimation by Request
      286 SF

      435 8th St3c

      PROFESSIONAL CLUBS/ASSOCIATIONS
      435 8th St3c, Oakland, CA 94607-3963
      View Details
    • Value Estimation
      $920,000
      57,431 SF

      605 Webster St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      605 Webster St, Oakland, CA 94607
      View Details
    • Value Estimation
      $1,610,000
      10,742 SF

      1133 7th St

      VETERINARY, ANIMAL HOSPITAL
      1133 7th St, Oakland, CA 94607-2601
      View Details

    Similar Nearby for Sale

    • $1,750,000
      5,625 SF

      Oakland Corner Property for Sale

      Corner property in Oakland available for purchase.
      300 Broadway, Oakland, CA 94607
      View Details
    • Contact for pricing

      Oakland Specialty Property For Sale

      9,879 square foot specialty property available in Oakland, California.
      330 2Nd St, Oakland, CA 94607
      View Details
    • Contact for pricing

      Oakland Commercial Property for Sale

      Commercial property available for purchase in Oakland, California.
      255 3Rd St, Oakland, CA 94607
      View Details
    • Contact for pricing

      NNN Leased Investment Opportunity

      NNN leased investment property for sale in Oakland, CA.
      401 Alice St, Oakland, CA 94607
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,923 SF

      Oakland Commercial Space Available

      Commercial space available for rent in Oakland, California.
      230 Madison St, Oakland, CA 94607
      View Details
    • Contact for pricing

      Spaces Jack London Square

      We offer workspace options fully tailored to your needs in Spaces Jack London Square
      66 Franklin St, Oakland, CA 94607
      View Details
    • Contact for pricing
      3,076 SF

      Modern Urban Office Loft Unit

      Office loft in Jack London's Waterfront district.
      247 4Th St, Oakland, CA 94607
      View Details
    • Contact for pricing
      1,845 SF

      Oakland Retail Space For Rent

      1,845 SF retail space in Oakland, CA.
      40 Harrison St, Oakland, CA 94607
      View Details
    • Contact for pricing
      5,000 SF

      Renovated Oakland Flex/Industrial/Office Space

      Recently renovated flex, industrial, and office space available for rent.
      1601-1731 Poplar St, Oakland, CA 94607
      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.
    980 8th St
    Oakland, CA 94607-3104
    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

    Thank You for Inquiry
    980 8th St, Oakland, CA, 94607
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!