Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Investment properties
1009 Solano Ave Albany, CA 94706-1617
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-9367080
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1933
Construction
WOOD
Total area
4,436 SF
Lot
0.09 ac (3,769 SF)
APN
66-2790-17
UPID
US09-9367080
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
$1.27M
Comparable Approach
Comparable
$965k
Blend (final)
Blend
$1.37M
Owner & transaction history
Albany Connections Property Managem · 1 yrs held
Albany Connections Property Managem
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.1M
+59.5%
Neighborhood: shopping center
$1.9M
+40.4%
Retail stores
$1.6M
+19.4%
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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%
$1,375,000
6.5%
$1,270,000
7%
$1,180,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,345,000
Current use
OFFICE BUILDING
$2,140,000
Change: +59% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,885,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$1,605,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,430,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.51M · ±10% · vs last sale $1.63M (Jan 30 2025)
Last sale anchor
$1.63M
Jan 30 2025
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
$309 / 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
$13,598
Tax year 2023
Assessed value
$787,281
Assessed 2024
Previous assessed
$771,846
+2.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$282,517
Assessed improvement
$504,764
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1933
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
6
Rooms
16
Bathrooms
6
Total area
4,436 SF
Lot
0.09 ac (3,769 SF)
APN
66-2790-17
UPID
US09-9367080
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
$1.3M
OFFICE BUILDING
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1933
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
6
Rooms
16
Bathrooms
6
Lot
0.09 ac
Current owner
From public records · entity-resolved
Albany Connections Property Managem
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 6178, ALBANY, CA 94706-0178
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
—
Albany Connections Property Managem
—
Deed
related
$500,000 · Stanford FCU
Apr 30, 2025
$1,625,000
Albany Connections Property Managem
Mahmood Mokhtari
Grant Deed
—
Aug 23, 2019
—
Mahmood Mokhtari
David B Rosenthal
Intrafamily Transfer
related
$315,000 · Summit State Bank
Dec 21, 2004
—
Mokhtari Mahmood Trust
Mokhtari Mahmood Trust
Quit Claim Deed
related
—
Oct 29, 2002
—
Mokhtari,tr
Mokhtari,mahmood
Quit Claim Deed
related
—
Jul 1, 1999
$522,500
Rosenthal Trust
Grether Trust
Grant Deed
$391,875 · Summit State Bank
Dec 6, 1978
$136,000
—
—
Grant Deed
related
—
—
—
Grether Trust
—
Deed Of Trust
related
$219,500 · Merchanics Bank
—
—
Rosenthal-yarmo Living Trust
—
Loan Modification
related
—
—
—
Robert G Grether
—
Deed Of Trust
related
$80,000 · Monticello Investment
—
—
Grether Robert G
—
Deed Of Trust
related
$256,000 · Mechanics National Bank
—
—
Robert G Grether
—
Deed Of Trust
related
$145,000 · Monticello Investment
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1009 Solano Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
