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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Retail space
1321 23rd St San Pablo, CA 94806-4820
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1350415
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Construction
WOOD FRAME
Total area
3,186 SF
Lot
0.25 ac (10,759 SF)
APN
410-171-018-6
UPID
US09-1350415
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
$390k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$370k
Blend (final)
Blend
$570k
Owner & transaction history
Charanjeet S Kapoor · 10 yrs held
Charanjeet S Kapoor
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$900,000
+48.3%
Auto repair, garage
$825,000
+35.4%
Office building
$790,000
+29.7%
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 San Pablo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Pablo 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
$390,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
RETAIL STORES
$605,000
Current use
COMMERCIAL (GENERAL)
$900,000
Change: +48% · Conversion: Easy
AUTO REPAIR, GARAGE
$825,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$179 / 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
$39,745
Tax year 2024
Assessed value
$755,258
Assessed 2024
Previous assessed
$755,258
+0.0% YoY
Effective rate
5.26%
On assessed value
Assessed land
$328,371
Assessed improvement
$426,887
Applied tax rate
11.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
3,186 SF
Lot
0.25 ac (10,759 SF)
APN
410-171-018-6
UPID
US09-1350415
Jurisdiction
CONTRA COSTA
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
RETAIL STORES Current
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$825,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1969
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Charanjeet S Kapoor
Individual
Mailing address
691 S MILPITAS BLVD STE #208, MILPITAS, CA 95035-5477
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2021
—
Jagjeet S Kapoor
—
Deed
related
$538,500 · Wells Fargo Bank NA
Aug 30, 2016
—
Jagjeet S Kapoor
—
Deed
related
$698,932 · Jpmorgan Chase Bank NA
Jul 12, 2016
—
Charanjeet S Kapoor
Kapoor C Family Trust
Quit Claim Deed
related
—
Aug 16, 2006
—
Kapoor Family Trust
Kapoor,jagjeet S
Quit Claim Deed
related
$850,000 · Summit National Bank
Aug 10, 2006
—
Jagjeet S Kapoor
Kaplan Donald 1994 Trust
Grant Deed
—
Aug 26, 1994
—
Kaplan Trust
Kaplan,donald
Quit Claim Deed
related
—
Dec 29, 1988
$65,000
Donald Kaplan
Weylin Investors
Grant Deed
—
Oct 26, 1971
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Jagjeet S Kapoor
—
Deed Of Trust
related
$600,000 · Kaplan Donald 1994 Trust (pt)
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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