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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Investment properties
1217 Park St Sta A Alameda, CA 94501-5211
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-7101594
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
WOOD
Total area
2,312 SF
Lot
0.09 ac (4,055 SF)
APN
71-207-8
UPID
US09-7101594
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
$780k
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$874k
Blend (final)
Blend
$780k
Owner & transaction history
Lawmandy Wong · 1 yrs held
Lawmandy Wong
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$980,000
+57.2%
Medical building
$915,000
+46.3%
Auto repair, garage
$745,000
+19.1%
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 Alameda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alameda 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
$690,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$670,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$625,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$980,000
Change: +57% · Conversion: Difficult
MEDICAL BUILDING
$915,000
Change: +46% · Conversion: Easy
AUTO REPAIR, GARAGE
$745,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$655,000
Change: +5% · Conversion: Easy
OFFICE BUILDING
$630,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $800k (Mar 1 2021)
Last sale anchor
$800k
Mar 1 2021
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
$337 / 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
$12,325
Tax year 2023
Assessed value
$1,148,960
Assessed 2024
Previous assessed
$832,320
+38.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$435,092
Assessed improvement
$713,868
Applied tax rate
21.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
3
Rooms
10
Bathrooms
1
Total area
2,312 SF
Lot
0.09 ac (4,055 SF)
APN
71-207-8
UPID
US09-7101594
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
COMMERCIAL (GENERAL) Current
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$980,000
MEDICAL BUILDING
Est. value
$915,000
AUTO REPAIR, GARAGE
Est. value
$745,000
RETAIL STORES
Est. value
$655,000
OFFICE BUILDING
Est. value
$630,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1900
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
3
Rooms
10
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Lawmandy Wong
Individual
Mailing address
2410 RIO GRANDE DR, TRACY, CA 95377-8833
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2024
—
Lawmandy Wong
Lawmandy Wong
Deed
related
$800,000 · Cathay Bank A Californi
Mar 1, 2021
$800,000
Lawmandy Wong
Sunia Law
Grant Deed
$500,000 · Sunia Law
Feb 23, 2016
$800,000
Sunia Law
Kwan P S C & L S M Trust
Grant Deed
—
Mar 1, 2010
—
Kwan Peter S C & L S M Trust
Kwan,peter S C & Louisa S M
Quit Claim Deed
related
—
Feb 25, 2004
$400,909
Peter S Kwan
Kung,stanley C & Siu P
Grant Deed
—
Jan 21, 1999
—
Rosalinda F Corvi
Corvi,paul J
Quit Claim Deed
related
—
Dec 30, 1993
—
Susan Aschwanden
Fortuna,felician
Grant Deed
related
—
—
—
Us Bank NA
—
Deed Of Trust
related
$340,500 · Us Bank NA
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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