New search
Property profile & analytics
FOR LEASE
Office buildings
1600 Harbor Bay Pkwy Alameda, CA 94502
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9028857
For Lease
1 / 2
$10,885,000
1600 Harbor Bay Pkwy, Alameda, CA 94502
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
CONCRETE
Total area
64,188 SF
Lot
3 ac (130,695 SF)
APN
74-1339-48
UPID
US09-9028857
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
-
Operating Engineers Local 3 Public & Miscellaneous Employees Health and Welfare Trust Fund Health Insurance Agency Investment Company
-
CCL - Imprint Energy Industrial Manufacturer Production Facility
-
Cub Scout Pack 1076 Charitable Organization Social Service Agency
-
Pacific Horizon Insurance Services Insurance Agency
-
E11 Bio Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.89M
Owner & transaction history
Capital One National Association · 4 yrs held
Capital One National Association
since 2021
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$17.9M
+2.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$17,485,000
Current use
COMMERCIAL (GENERAL)
$17,870,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$10.89M
Range $9.80M – $11.97M · ±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
$170 / 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
$230,828
Tax year 2023
Assessed value
$16,795,405
Assessed 2024
Previous assessed
$16,466,135
+2.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$4,824,855
Assessed improvement
$11,970,550
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 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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2001
Construction
CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
7
Bathrooms
2
Total area
64,188 SF
Lot
3 ac (130,695 SF)
APN
74-1339-48
UPID
US09-9028857
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
OFFICE BUILDING Current
Est. value
$17.5M
COMMERCIAL (GENERAL)
Est. value
$17.9M
OFFICE BUILDING Current
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
2001
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
7
Bathrooms
2
Lot
3 ac
Current owner
From public records · entity-resolved
Capital One National Association
Entity
Mailing address
242 CALIFORNIA ST, SAN FRANCISCO, CA 94111-4361
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2021
—
Capital One National Association
Harbor Bay Parkway LLC
Assignment Of Lease (leasehold Sale)
$44,000,000 · Capital One NA
Dec 20, 2019
$32,534,000
Harbor Bay Parkway LLC
Worthington California Investments
Grant Deed
$29,700,000 · Pfp Holding Company Vi LLC
Jun 14, 2010
$10,600,000
Worthington California Invs
Cep Harbor Bay LLC
Grant Deed
—
Nov 7, 2007
—
Cep Harbor Bay LLC
Greit-bay View Plaza
Grant Deed
$7,840,000 · Bank Of America
Aug 1, 2003
—
Greit-bay View Plaza LP
Harbor Bay LLC
Grant Deed
related
—
—
—
Greit-bay View Plaza LP
—
Deed Of Trust
related
$6,200,000 · Nnn Bay View Plaza I LLC
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?”
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.
