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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
1532 Webster St Alameda, CA 94501-3340
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8689036
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Construction
TILT-UP CONCRETE
Total area
2,700 SF
Lot
0.06 ac (2,700 SF)
APN
73-419-33
UPID
US09-8689036
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
-
International Chi Institute Training Center Sports School
-
speak3 High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
So Commercial Group LLC · 4 yrs held
So Commercial Group LLC
since 2022
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$870,000
+13.5%
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
$525,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$765,000
Current use
AUTO REPAIR, GARAGE
$870,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$735,000
Change: -4% · Conversion: Easy
COMMERCIAL (GENERAL)
$730,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $550k (Jan 3 2022)
Last sale anchor
$550k
Jan 3 2022
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
$198 / 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
$10,829
Tax year 2023
Assessed value
$648,037
Assessed 2024
Previous assessed
$635,331
+2.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$194,411
Assessed improvement
$453,626
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,700 SF
Lot
0.06 ac (2,700 SF)
APN
73-419-33
UPID
US09-8689036
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 Current
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$870,000
OFFICE BUILDING
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$730,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
So Commercial Group LLC
Entity
Mailing address
1532 WEBSTER ST, ALAMEDA, CA 94501-3340
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
—
So Commercial Group LLC
Sandy Yi Lam So
Quit Claim Deed
related
—
Dec 10, 2021
—
Carmen Wan Hang So
Thomas Nguyen
Intrafamily Transfer
related
—
Aug 6, 2014
$550,000
So Sandy Y L
Weberaw LLC
Grant Deed
related
—
Jul 24, 2014
$550,000
Sandy Yi Lam So
Investment Property Exchange
Grant Deed
$255,000 · Cathay Bank
Jul 24, 2014
—
Sandy Y L So
Xiao,hai X
Quit Claim Deed
related
—
Mar 12, 2009
—
Weberaw LLC
Web32 Anwing LLC
Grant Deed
—
Nov 1, 2007
—
Web32 Anwing LLC
Ng Wing & A 1994 Trust
Grant Deed
—
May 15, 1998
—
Wing Ng
Ng,w S
Quit Claim Deed
related
—
May 15, 1998
$135,000
Ng Trust
Ng,wing
Trustees Deed
related
—
Dec 12, 1989
—
Wing Ng
Ng,m.
Quit Claim Deed
related
—
—
—
Ng Trust
—
Deed Of Trust
related
$239,919 · Pacific National Bank
—
—
Ng,tr
—
Deed Of Trust
related
$200,000 · Trans Pacific National 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.
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