New search
Property profile & analytics
FOR LEASE
Office buildings
1201 Park Ave, Emeryville, CA 94608
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US09-8633899
For Lease
1 / 11
$1,400,000
1201 Park Ave, Emeryville, CA 94608
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1945
Construction
TILT-UP CONCRETE
Total area
12,800 SF
Lot
0.33 ac (14,500 SF)
APN
49-618-8
UPID
US09-8633899
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
by Request
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.40M
Owner & transaction history
Charles S Silverman · 24 yrs held
Charles S Silverman
since 2002
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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±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
$109 / 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
$31,492
Tax year 2023
Assessed value
$2,064,149
Assessed 2024
Previous assessed
$2,023,680
+2.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$408,138
Assessed improvement
$1,656,011
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 buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1945
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Bathrooms
2
Total area
12,800 SF
Lot
0.33 ac (14,500 SF)
APN
49-618-8
UPID
US09-8633899
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
Building & site characteristics
From public records
Year built
1945
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Bathrooms
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Charles S Silverman
Individual
Mailing address
1201 PARK AVE, EMERYVILLE, CA 94608-3632
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2019
—
Silverman & Light Investments
—
Deed
related
$500,000 · Bank Of Marin
Jul 6, 2017
—
Silverman & Light Investments
—
Deed
related
—
Apr 25, 2002
—
Charles S Silverman
Silverman,maudie
Quit Claim Deed
related
$2,000,000 · Bank Of Alameda
Feb 1, 1988
$148,000
Charle Silverman
Block
Grant Deed
$1,000,000 · Individual
—
—
Silverman Investments
—
Deed Of Trust
related
$3,000,000 · Bank Of Marin
—
—
Silverman Investments
—
Loan Modification
related
$200,000 · Bank Of Marin
—
—
Charles S Silverman
—
Deed Of Trust
related
$1,300,000 · Bank Of America
—
—
Charles S Silverman
—
Deed Of Trust
related
$975,000 · Bank Of America
—
—
Silverman & Light Investments
—
Deed Of Trust
related
$500,000 · Bank Of Marin
—
—
Charles S Silverman
—
Deed Of Trust
related
$250,000 · Transpacific Mortgage
—
—
Charles S Silverman
—
Deed Of Trust
related
$250,000 · Trans Pacific Bank
—
—
Silverman Investments
—
Deed Of Trust
related
$2,250,000 · Bank Of Alameda
—
—
Silverman & Light Investments
—
Loan Modification
related
—
—
—
Silverman Investments
—
Deed Of Trust
related
$2,400,000 · Citibank West Fsb
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
