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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Auto shops
11847 San Pablo Ave El Cerrito, CA 94530-1751
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2554943
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1976
Total area
2,063 SF
Lot
0.14 ac (6,275 SF)
APN
513-340-041-5
UPID
US09-2554943
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Safa Enterprise LLC · 2 yrs held
Safa Enterprise LLC
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$750,000
+40.7%
Commercial (general)
$585,000
+9.5%
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 El Cerrito submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cerrito 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$535,000
Current use
MEDICAL BUILDING
$750,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$585,000
Change: +10% · Conversion: Moderate
OFFICE BUILDING
$510,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Jul 9 2024)
Last sale anchor
$650k
Jul 9 2024
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
$315 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,524
Tax year 2024
Assessed value
$459,000
Assessed 2024
Previous assessed
$459,000
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$255,000
Assessed improvement
$204,000
Applied tax rate
3.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1976
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
2,063 SF
Lot
0.14 ac (6,275 SF)
APN
513-340-041-5
UPID
US09-2554943
Jurisdiction
CONTRA COSTA
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
AUTO REPAIR, GARAGE Current
Est. value
$535,000
MEDICAL BUILDING
Est. value
$750,000
COMMERCIAL (GENERAL)
Est. value
$585,000
OFFICE BUILDING
Est. value
$510,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1976
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Safa Enterprise LLC
Entity
Free & Clear · 2 yrs held
Mailing address
721 SAN LUIS RD, BERKELEY, CA 94707-2029
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2024
$650,000
Safa Enterprise LLC
Dino C Granzella
Grant Deed
—
Mar 5, 2024
—
Dino C Granzella
Dino Charles Granzella
Intrafamily Transfer
related
—
Oct 7, 2014
—
Granzella,charlotte 2014 Trust
Granzella,charlotte
Quit Claim Deed
related
—
Aug 29, 2014
—
Charlotte Granzella
Granzella,albert C
Affidavit Of Death
related
—
Jun 13, 2001
—
Albert Granzella
Granzella,richard & Jearenne
Quit Claim Deed
related
—
Jan 9, 1975
—
Granzella Albert Charlot|granzella Richard
—
Grant Deed
related
—
—
—
Albert Granzella
—
Deed Of Trust
related
$184,000 · Mechanics National Bank
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.
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