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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Flex space
1200 50th Ave, Oakland, CA 94601-5102
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-8580380
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1961
Construction
TILT-UP CONCRETE
Total area
4,798 SF
Lot
0.11 ac (4,950 SF)
APN
34-2272-23-2
UPID
US09-8580380
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
-
Pep Love Music Venue Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$960k
Owner & transaction history
Hieroglyphics Ents LLC · 21 yrs held
Hieroglyphics Ents LLC
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,425,000
Current use
OFFICE BUILDING
$1,155,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10%
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
$200 / 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
$14,528
Tax year 2024
Assessed value
$936,024
Assessed 2024
Previous assessed
$936,024
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$170,807
Assessed improvement
$765,217
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Bathrooms
3
Total area
4,798 SF
Lot
0.11 ac (4,950 SF)
APN
34-2272-23-2
UPID
US09-8580380
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Hieroglyphics Ents LLC
Entity
Mailing address
1200 50TH AVE, OAKLAND, CA 94601-5102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Hieroglyphics Enterprises LLC
—
Deed
related
$1,050,000 · Iserve Residential Lending LLC
Jan 22, 2018
—
Hieroglyphics Ents LLC
—
Deed
related
$770,000 · Velocity Com'l Cap
Aug 18, 2004
$685,000
Hieroglyphics Ents LLC
Holder,stephen J
Grant Deed
$274,000 · Sonoma National Bank
Oct 26, 1998
—
Stephen J Holder
—
Grant Deed
related
$101,918 · Green Tree Financial Corp
Feb 24, 1995
$190,000
Stephen J Holder
Kalka Trust
Grant Deed
$165,000 · Seller
Jul 1, 1983
$90,000
—
—
Grant Deed
related
—
—
—
Stephen J Holder
—
Deed Of Trust
related
$300,000 · John Bacon
—
—
Stephen J Holder
—
Deed Of Trust
related
$395,761 · Economy Lumber
—
—
Hieroglyphics Ents LLC
—
Deed Of Trust
related
$770,000 · Velocity Com'l Cap
—
—
Stephen J Holder
—
Deed Of Trust
related
$25,000 · Kevin Bohm
—
—
Stephen J Holder
—
Deed Of Trust
related
$40,000 · John & Barbara Steuart
—
—
Stephen J Holder
—
Deed Of Trust
related
$100,000 · John Bacon
—
—
Stephen J Holder
—
Deed Of Trust
related
—
—
—
Stephen Holder
—
Deed Of Trust
related
$20,000 · William E & Dorothy W Trautman
—
—
Stephen J Holder
—
Deed Of Trust
related
$202,500 · United Labor 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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