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Property profile & analytics
FOR SALE
Retail space
10828 Bancroft Ave Oakland, CA 94603-4023
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-8208637
For Sale
1 / 2
$595,000
10828 Bancroft Ave, Oakland, CA 94603-4023
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Construction
WOOD
Total area
2,315 SF
Lot
0.09 ac (4,000 SF)
APN
47-5567-13
UPID
US09-8208637
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
Current use
Occupant on record · Public records
-
Oakland Title Loans Solutions Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
$486k
Blend (final)
Blend
$515k
Owner & transaction history
Dac Kieu Tu · 4 yrs held
Dac Kieu Tu
since 2022
Last sale
$535,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$780,000
+41.3%
Office building
$560,000
+1.3%
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
$515,000
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
RETAIL STORES
$550,000
Current use
MEDICAL BUILDING
$780,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$560,000
Change: +1% · Conversion: Easy
COMMERCIAL (GENERAL)
$510,000
Change: -7% · Conversion: Easy
WAREHOUSE, STORAGE
$440,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $535k (Mar 16 2022)
Last sale anchor
$535k
Mar 16 2022
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
$222 / 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
$10,365
Tax year 2023
Assessed value
$580,723
Assessed 2024
Previous assessed
$569,337
+2.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$211,259
Assessed improvement
$369,464
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1923
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,315 SF
Lot
0.09 ac (4,000 SF)
APN
47-5567-13
UPID
US09-8208637
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
RETAIL STORES Current
Est. value
$550,000
MEDICAL BUILDING
Est. value
$780,000
OFFICE BUILDING
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$510,000
WAREHOUSE, STORAGE
Est. value
$440,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1923
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Dac Kieu Tu
Individual
Free & Clear · 4 yrs held
Mailing address
5090 IDYLLWILD DR, FAIRFIELD, CA 94534-6656
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2022
—
Dac Kieu Tu
Dac Kieu Tu
Intrafamily Transfer
related
—
Mar 26, 2020
$535,000
Dac Kieu Tu
Melissa J Hagen
Grant Deed
—
Mar 26, 2020
—
Tu D Kieu
Anh Van Ha
Quit Claim Deed
related
—
Sep 8, 2014
—
Hagen,richard & L Family Trust
Hagen Richard & L Trust
Quit Claim Deed
related
—
Nov 5, 2013
—
Sagen,richard H Tr
Hagen,laura L
Affidavit Of Death
related
—
Dec 16, 2002
—
Hagen,tr
Hagen,richard H & Laura L
Quit Claim Deed
related
—
Mar 29, 2000
$50,500
Richard H Hagen
Becton,emma
Grant Deed
—
Jun 23, 1995
$150,000
Emma Becton
Tillman,oliver G & Uneda
Grant Deed
$130,000 · Seller
Jan 7, 1988
—
Wilheim Winter
North
Quit Claim Deed
related
—
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?”
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