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Property profile & analytics
FOR LEASE
Office buildings
1650 Harbor Bay Pkwy Alameda, CA 94502
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8482600
For Lease
$11,630,000
1650 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
67,730 SF
Lot
3.73 ac (162,479 SF)
APN
74-1339-50
UPID
US09-8482600
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
-
Intelligrated Systems Store Material Handling Equipment Supplier
-
Sylvatex (SVX) Inc. Green Energy Supplier
-
BADASS Labs Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.63M
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
Retail stores
$19.2M
+4.2%
Commercial (general)
$18.9M
+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
$18,450,000
Current use
RETAIL STORES
$19,220,000
Change: +4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$18,855,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$11.63M
Range $10.47M – $12.79M · ±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
$172 / 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
$252,432
Tax year 2023
Assessed value
$18,263,684
Assessed 2024
Previous assessed
$17,905,629
+2.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$5,897,045
Assessed improvement
$12,366,639
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
Bathrooms
4
Total area
67,730 SF
Lot
3.73 ac (162,479 SF)
APN
74-1339-50
UPID
US09-8482600
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
$18.5M
RETAIL STORES
Est. value
$19.2M
COMMERCIAL (GENERAL)
Est. value
$18.9M
OFFICE BUILDING Current
RETAIL STORES
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
Bathrooms
4
Lot
3.73 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 Invs Ll
Grant Deed
$29,700,000 · Pfp Holding Co Vi LLC
Apr 22, 2010
—
Worthington Ca Invs LLC
Worthington Property Invs LLC
Quit Claim Deed
related
—
Oct 27, 2009
$8,000,000
Worthington Property Invs LLC
Cn Bay View LLC
Grant Deed
—
Nov 30, 2006
—
Cn Bay View LLC
Lnr Harbor Bay LLC
Grant Deed
$9,375,000 · Capmark Financial INC
—
—
Lnr Harbor Bay LLC
—
Deed Of Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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