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Property profile & analytics
FOR LEASE
Office buildings
1250 53Rd St Emeryville, CA 94608
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8795041
For Lease
1 / 27
$7,560,000
1250 53Rd St, Emeryville, CA 94608
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1936
Construction
TILT-UP CONCRETE
Total area
46,254 SF
Lot
1.81 ac (78,725 SF)
APN
49-1041-18-1
UPID
US09-8795041
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
$10.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.56M
Owner & transaction history
Hcp Emeryville Partners I LLC · 8 yrs held
Hcp Emeryville Partners I LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$11.8M
+5.7%
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%
$11,025,000
6.5%
$10,175,000
7%
$9,450,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,145,000
Current use
INDUSTRIAL (GENERAL)
$11,780,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$11,000,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$7.56M
Range $6.80M – $8.32M · ±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
$163 / 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
$254,417
Tax year 2023
Assessed value
$19,647,668
Assessed 2024
Previous assessed
$19,267,348
+2.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$8,778,985
Assessed improvement
$10,868,683
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
1936
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
5
Total area
46,254 SF
Lot
1.81 ac (78,725 SF)
APN
49-1041-18-1
UPID
US09-8795041
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
$11.1M
INDUSTRIAL (GENERAL)
Est. value
$11.8M
RETAIL STORES
Est. value
$11.0M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
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
1936
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
5
Lot
1.81 ac
Current owner
From public records · entity-resolved
Hcp Emeryville Partners I LLC
Entity
Mailing address
11111 SANTA MONICA BLVD STE #1100, LOS ANGELES, CA 90025-3345
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2022
—
Hcp Emeryville Partners I LLC
—
Deed
related
$86,145,000 · Deutsche Bank National Trust Co
Jun 20, 2018
$27,400,000
Hcp Emeryville Partners I LLC
Hfh Ltd
Trustees Deed
$28,900,000 · Deutsche Bk Ag
May 23, 2003
—
H F H Ltd
—
Deed Of Trust
related
$7,750,000 · Mechanics Bank
Jun 15, 2000
—
H F H Ltd
—
Deed Of Trust
related
$2,500,000 · Mechanics Bank
Nov 5, 1998
—
H F H Ltd
—
Deed Of Trust
related
$1,250,000 · Mechanics Bank
Sep 17, 1996
—
H F H Ltd
—
Grant Deed
related
$4,300,000 · Mechanics Nat'l Bank Richmond
Dec 16, 1988
$1,103,000
H F H Ltd
Klst Partnership
Grant Deed
—
—
—
Hfh LP
—
Deed Of Trust
related
$1,000,000 · Sumitomo Bank
—
—
Hfh Ltd
—
Deed Of Trust
related
$8,500,000 · Wells Fargo Bank
—
—
Hfh Ltd
—
Deed Of Trust
related
$972,438 · Fremont 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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