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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Office Spaces
1195 Park Ave, Emeryville, CA 94608-3655
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-8633868
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1912
Construction
TILT-UP CONCRETE
Total area
4,200 SF
Lot
0.08 ac (3,336 SF)
APN
49-618-35
UPID
US09-8633868
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
$925k
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.10M
Owner & transaction history
Francis Crowder · 7 yrs held
Francis Crowder
since 2018
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+76.3%
Medical building
$1.4M
+39.5%
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 Emeryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Emeryville 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%
$1,000,000
6.5%
$925,000
7%
$860,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,010,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,785,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$1,410,000
Change: +39% · Conversion: Easy
RETAIL STORES
$1,000,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.20M (Sep 10 2024)
Last sale anchor
$1.20M
Sep 10 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
$261 / 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
$18,791
Tax year 2023
Assessed value
$1,384,443
Assessed 2024
Previous assessed
$1,357,300
+2.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$294,562
Assessed improvement
$1,089,881
Applied tax rate
14.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1912
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
4,200 SF
Lot
0.08 ac (3,336 SF)
APN
49-618-35
UPID
US09-8633868
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
OFFICE BUILDING Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1912
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Francis Crowder
Individual
Mailing address
91 CASTLE CRST RD, ALAMO, CA 94507-2680
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2018
—
Francis Crowder
Crowder,fran & Julie
Quit Claim Deed
related
$900,000 · Heritage Bk/commerce
Sep 22, 2014
—
Murphy-key 1995 Trust
Murphy-key 1995 Trust
Quit Claim Deed
related
—
Sep 22, 2014
$1,175,000
Fran Crowder
Murphy-key 1995 Trust
Grant Deed
$940,000 · All Real Property INC
Mar 24, 1999
—
Murphy-key Trust
Key,paula L
Quit Claim Deed
related
—
Sep 25, 1995
—
Murphy-key Trust
Key Trust
Quit Claim Deed
related
—
Sep 23, 1993
—
Paula Key
Murphy,j.
Quit Claim Deed
related
—
Jun 7, 1993
—
Cory Zuk
Garner,m.
Quit Claim Deed
related
—
Feb 22, 1993
—
Paula,l Key Trust
Key,paula L
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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