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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Outlet malls
1946 Davis St San Leandro, CA 94577-1209
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8272790
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1951
Construction
WOOD FRAME
Total area
2,280 SF
Lot
3.06 ac (133,461 SF)
APN
79A-407-12
UPID
US09-8272790
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
-
Rebel Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$428k
Blend (final)
Blend
$570k
Owner & transaction history
Kevin Yuen · 1 yrs held
Kevin Yuen
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$900,000
+46.8%
Office building
$755,000
+23.3%
Auto repair, garage
$755,000
+22.7%
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$615,000
Current use
MEDICAL BUILDING
$900,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$755,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$755,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$660,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$250 / 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
$38,086
Tax year 2023
Assessed value
$3,012,891
Assessed 2024
Previous assessed
$2,953,821
+2.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,628,590
Assessed improvement
$1,384,301
Applied tax rate
10.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1951
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
2
Total area
2,280 SF
Lot
3.06 ac (133,461 SF)
APN
79A-407-12
UPID
US09-8272790
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
$615,000
MEDICAL BUILDING
Est. value
$900,000
OFFICE BUILDING
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$755,000
COMMERCIAL (GENERAL)
Est. value
$660,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1951
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
2
Lot
3.06 ac
Current owner
From public records · entity-resolved
Kevin Yuen
Individual
Free & Clear · 1 yrs held
Mailing address
999 LK DR, ISSAQUAH, WA 98027-8990
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2025
—
Kevin Yuen
Kevin Yuen
Deed
related
—
Aug 1, 2024
—
Kevin Yuen
Kevin Yuen
Deed
related
—
Jul 1, 2022
—
Kevin Yuen
Kevin Yuen
Deed
related
—
Apr 17, 2017
—
Yuen,kevin Trust
Yuen,kevin
Quitclaim Deed
related
—
Mar 31, 1998
$207,000
Sl Vanuatu LLC
Redevelopment Agency San Leand
Grant Deed
—
Sep 11, 1997
$139,000
Ignacio Hernandez
Sellers Trust
Grant Deed
$127,423 · Sellers Trust
Jul 7, 1995
—
Redevelopmenet Agency San Lean
Maskell Land & Investment Co
Grant Deed
related
—
—
—
S L Vaneatu LLC
—
Deed Of Trust
related
$391,000 · Individual
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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