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    1451 Hbr Bay Pkwy Alameda, CA 94502-7070
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    Property profile & analytics

    1451 Hbr Bay Pkwy, Alameda, CA 94502-7070

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    • Office Spaces
    • 93,100 SF
    • 24.21 lot acres
    Off-Market
    Last Sale Jun 21, 2021
    $30,100,000
    Property ID
    US09-7876434
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $29,845,000
    Show details
    Cap Rate Potential
    6.9%
    Office Spaces
    Location Intelligence

    Current Use by Public Records

    • Kaiser Health Alameda Office Building / Home Health Care Service

    Property Details for 1451 Hbr Bay Pkwy

    Year built
    1984
    Construction
    TILT-UP CONCRETE
    Lot size
    24.21 lot acres
    Property type
    Office Spaces
    APN
    74-1339-44
    APU
    74133944

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 21, 2021 $30,100,000 1451 Harbor Bay LLC Legacy Property Management LLC Grant Deed —
    Apr 28, 2017 $20,000,000 Legacy Property Management LLC Limar Realty Corp #13 Grant Deed $13M · Wells Fargo Bank NA
    Jul 12, 2016 — Limar Realty Corp #13 — Deed · related $30M · Boston Private Bank & Trust Company
    Jun 15, 2004 — Limar Realty #35 LLC — Deed Of Trust · related $67.7M · Bank One NA
    Apr 16, 2001 — Limar Realty Corp #13 Lincoln-recp Empire Opco LLC Grant Deed $25M · Wells Fargo Bank
    — — Limar Realty Corp 13 — Deed Of Trust · related $15M · Borel Private Bank & Trust Co

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $28,900,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $33,450,000
      6.5%
      $30,875,000
      7%
      $28,670,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $29,264,000
      Market price range: $17.5M - $35.1M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $25,365,000
      Current use
      RESTAURANT
      $46,865,000
      Change: +85% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $39,555,000
      Change: +56% Conversion: Difficult
      MEDICAL BUILDING
      $36,805,000
      Change: +45% Conversion: Easy
      AUTO REPAIR, GARAGE
      $29,980,000
      Change: +18% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $28,010,000
      Change: +10% Conversion: Easy
      RETAIL STORES
      $26,420,000
      Change: +4% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $25,920,000
      Change: +2% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.236
    Latitude
    37.7271
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $411,240
    $7,959,000
    $23,983,120
    $31,942,120
    -
    $0.00
    $0.00
    $0.00
    More about this property
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