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Property profile & analytics
OFF-MARKET
Office buildings

1019 Solano Ave Albany, CA 94706-1690

2,157 SF 0.06 ac lot Built 1988
Trust Owned 11-yr Hold ~ Est. High Equity
Property ID
US09-7594123
Property summary
AI-generated overview

This exceptional retail property at 1019 Solano Ave in Albany, CA, presents a compelling investment opportunity. The 2,157 square foot building, situated on a 2,500 square foot lot, is zoned SC (Solano Commercial District) and offers significant potential for a variety of commercial uses. Currently configured with three units, each featuring its own bathroom, the property boasts a strong price per square foot of $411.68. The land value alone commands $463 per square foot, reflecting the desirability of this prime location within the vibrant Solano Avenue commercial district. The second-floor unit will be delivered vacant upon occupancy on August 6, 2024, providing immediate flexibility for new tenants or owner-occupancy. The property's location in Alameda County, CA, zip code 94706, offers excellent visibility and accessibility. With its versatile layout and strong location, this property is ideal for savvy investors seeking a high-return asset or owner-users looking to establish a thriving business. The APN is 66-2790-16. This is a single-building property.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction WOOD
Total area 2,157 SF
Lot 0.06 ac (2,500 SF)
APN 66-2790-16
UPID US09-7594123
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Shifferaw 2014 Family Trust · 11 yrs held
Shifferaw 2014 Family Trust
since 2014
7 recorded transactions
2024
Price N/A
2021
Price N/A
2021
Price N/A
2018
Price N/A
2014
Price N/A
2000
$143,500
2000
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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