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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Apartment buildings
1525 Schiller St Alameda, CA 94501-2603
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-6934769
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
9,742 SF
Lot
0.25 ac (10,800 SF)
APN
71-279-6-1
UPID
US09-6934769
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
Current use
Occupant on record · Public records
-
SP CONSTRUCTION CO Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
Daffodil LLC · 3 yrs held
Daffodil LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,350,000
6.5%
$2,170,000
7%
$2,015,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,765,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$2,655,000
Change: -9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,635,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±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
$173 / 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
$41,426
Tax year 2023
Assessed value
$2,488,714
Assessed 2024
Previous assessed
$2,439,927
+2.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$709,310
Assessed improvement
$1,779,404
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Buildings
1
Stories
3
Units
14
Rooms
42
Bathrooms
14
Total area
9,742 SF
Lot
0.25 ac (10,800 SF)
APN
71-279-6-1
UPID
US09-6934769
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
RETAIL STORES
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1966
Construction
WOOD
Heating
NONE
Stories
3
Buildings
1
Units
14
Rooms
42
Bathrooms
14
Lot
0.25 ac
Current owner
From public records · entity-resolved
Daffodil LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1013 BROADWAY ST N, STILLWATER, MN 55082-4078
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
—
Daffodil LLC
Darell M Shaffer
Intrafamily Transfer
related
—
Jan 27, 2022
—
Darell Matthew Shaffer
Darlene Ann Shaffer
Re-recorded Document
related
—
Jun 11, 2018
—
Darell M Shaffer
Shaffer Family Living Trust
Quit Claim Deed
related
—
Nov 13, 2017
—
Shaffer Family Living Trust
Shaffer Family Living Trust
Quit Claim Deed
related
—
Feb 25, 2016
—
Darlene A Shaffer
Shaffer,eloise G
Affidavit Of Death
related
—
Sep 7, 2005
—
Eloise G Shaffer
Shaffer Family Trust
Quit Claim Deed
related
—
Feb 26, 2004
—
Eloise G Shaffer
Shaffer,tr
Quit Claim Deed
related
—
Dec 23, 2003
—
Dareli M Shaffer
Shaffer,eloise Hg
Quit Claim Deed
related
—
Dec 14, 2001
—
Shaffer Trust
Shaffer Trust
Quit Claim Deed
related
—
Dec 23, 1999
—
Darell M Shaffer
Shaffer,eloise G
Quit Claim Deed
related
—
Dec 23, 1998
—
Clarence W Shaffer
Shaffer Trust
Quit Claim Deed
related
—
Dec 29, 1997
—
Clarence W Shaffer
Shaffer Trust
Quit Claim Deed
related
—
Jun 24, 1996
—
Elena L Shaffer
Shaffer,clarence W & Eloise G
Quit Claim Deed
related
—
Dec 27, 1995
—
Clarence W Shaffer
Shaffer Trust
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.
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