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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Medical Office Space
2059 Clinton Ave Alameda, CA 94501-4379
Individually Owned
10-yr Hold
Free & Clear
Property ID
US09-9370324
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1956
Construction
WOOD
Total area
4,152 SF
Lot
0.17 ac (7,500 SF)
APN
71-243-6
UPID
US09-9370324
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
-
Amber Rehabilitation Physician
-
Christopher Enriquez Physician
-
Safety Training Seminars Training Center Vocational School
-
Innergy Bodyworks LLC Alternative Medicine Practice Spa & Massage Center
-
Innergy Bodyworks Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$855k
Owner & transaction history
Clinton Professional Building · 10 yrs held
Clinton Professional Building
since 2015
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%
$1,185,000
6.5%
$1,095,000
7%
$1,015,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,335,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$206 / 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
$16,086
Tax year 2023
Assessed value
$1,051,899
Assessed 2024
Previous assessed
$1,031,279
+2.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$311,241
Assessed improvement
$740,658
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
5
Total area
4,152 SF
Lot
0.17 ac (7,500 SF)
APN
71-243-6
UPID
US09-9370324
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
AUTO REPAIR, GARAGE
Est. value
$1.3M
AUTO REPAIR, GARAGE
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
1956
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Clinton Professional Building
Individual
Free & Clear · 10 yrs held
Mailing address
2059 CLINTON AVE, ALAMEDA, CA 94501-4379
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Oct 1, 2020
—
Clinton Professional Building LLC
—
Deed
related
$980,000 · United Midwest Savings Bank NA
Oct 27, 2015
—
Clinton Professional Building
Reyes,phillip
Grant Deed
—
Oct 27, 2015
$350,000
Clinton Professional Building LLC
Ted F Mihok
Grant Deed
—
Jul 24, 2015
—
Phillip Reyes
Reyes,benjamin L
Quit Claim Deed
related
—
May 7, 2007
$164,000
Benjamin L Reyes
Reyes Benjamin L & E
Grant Deed
related
$328,000 · Greenpoint Mortgage Funding
Feb 11, 2002
—
Reyes Trust
Reyes,benjamin L & Eleanor
Quit Claim Deed
related
—
Mar 28, 1997
$210,000
Ted F Mihok
Gardner,norine A
Grant Deed
related
$350,000 · Bank Of America
Sep 15, 1988
$440,000
Gordon&n Gardner
Lawyers Asset Ma
Grant Deed
$330,000 · Alameda First 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.
Try Rey
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