Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Investment properties
1272 Solano Ave Albany, CA 94706-1739
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-8786144
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1951
Construction
WOOD
Total area
6,123 SF
Lot
0.14 ac (6,000 SF)
APN
65-2652-55-1
UPID
US09-8786144
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
$1.87M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$1.90M
Owner & transaction history
Solano Ave Group LLC · 3 yrs held
Solano Ave Group LLC
since 2023
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+66.3%
Office building
$3.0M
+59.5%
Industrial (general)
$2.8M
+49.0%
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
$1,910,000
ML approach
$1,865,000
CAP Approach
CAP Return
Estimation
6%
$1,900,000
6.5%
$1,755,000
7%
$1,630,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,855,000
Current use
RESTAURANT
$3,080,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$2,955,000
Change: +59% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,760,000
Change: +49% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,600,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$2,215,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,970,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $1.90M (Apr 26 2023)
Last sale anchor
$1.90M
Apr 26 2023
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
$309 / 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
$31,567
Tax year 2023
Assessed value
$2,077,897
Assessed 2024
Previous assessed
$2,037,161
+2.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,312,356
Assessed improvement
$765,541
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1951
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
8
Rooms
20
Total area
6,123 SF
Lot
0.14 ac (6,000 SF)
APN
65-2652-55-1
UPID
US09-8786144
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
$1.9M
RESTAURANT
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
RETAIL STORES
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
1951
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
8
Rooms
20
Lot
0.14 ac
Current owner
From public records · entity-resolved
Solano Ave Group LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2836 EUGENE TER, CASTRO VALLEY, CA 94546-1943
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2023
—
Solano Ave Group LLC
Mckinley Avenue Building
Intrafamily Transfer
related
—
Jan 28, 2019
$1,900,000
Mckinley Avenue Building
Cm Macgregor LLC
Grant Deed
—
Oct 30, 2018
—
Cm Macgregor LLC
Smith Family Trust
Quit Claim Deed
related
—
Oct 29, 2018
—
Cm Macgregor LLC
White,dave
Quit Claim Deed
—
Sep 13, 2018
—
Read,ingraham JR Trust
Read,ingraham JR
Affidavit Of Death
related
—
Jul 2, 2018
—
Boyle,stephen J Trust
Boyle Martha 1999 F/tr
Quit Claim Deed
related
—
Jan 25, 2013
—
Collins A F 2008 Living Trust
Collins,ann F
Quit Claim Deed
related
—
Jan 24, 2013
—
Smith Family Trust
Smith,margaret A
Quit Claim Deed
related
—
Oct 19, 2012
—
Lucas Sandra L Trust
Lucas,sandra L
Quit Claim Deed
related
—
Oct 1, 2012
—
Kevin M Collins
Collins Family Trust
Quit Claim Deed
related
—
Sep 12, 2012
—
Sandra L Lucas
Maddox Anne D Trust
Grant Deed
related
—
Aug 30, 2012
—
Russell Margery Living Trust
Russell,margery
Quit Claim Deed
—
Feb 3, 2012
—
Boyle Martha 1999 Family Trust
Boyle,martha D
Quit Claim Deed
related
—
Apr 11, 2005
—
Rembert Paul Tr
Rembert Family Trust
Quit Claim Deed
related
—
Dec 15, 2004
—
Paul Rembert
Rembert,nancy J
Affidavit Of Death
related
—
Jun 7, 2000
—
Read Trust
Read,ingraham
Quit Claim Deed
related
—
Jan 3, 1996
—
Maddox Trust
Maddox,anne D
Quit Claim Deed
related
—
Dec 20, 1995
—
Martha D Boyle
Davies Trust
Grant Deed
related
—
Apr 23, 1993
—
Rembert,trust
Rembert,n.
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.
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?”
You own 1272 Solano Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
