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Property profile & analytics
OFF-MARKET
Estimated value
$2,285,000
Medical Office Space
2111 Whitehall Pl Alameda, CA 94501-6160
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6909809
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Construction
WOOD
Total area
6,100 SF
Lot
0.49 ac (21,486 SF)
APN
74-1200-8-1
UPID
US09-6909809
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
-
Matthew Lau, DDS FICOI Dental Office
-
South Shore Dental Dental Office
-
Eischeid Thomas A DDS Dental Office
-
Stehr Jack H MD Physician
-
First Surgical Consultants Inc Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.34M
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.29M
Owner & transaction history
Ricardo S De Leon · 4 yrs held
Ricardo S De Leon
since 2021
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+27.3%
Neighborhood: shopping center
$2.6M
+7.5%
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
$2,210,000
ML approach
$2,340,000
CAP Approach
CAP Return
Estimation
6%
$1,740,000
6.5%
$1,605,000
7%
$1,495,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,410,000
Current use
RESTAURANT
$3,070,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,590,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,965,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.29M
Range $2.06M – $2.51M · ±10% · vs last sale $2.30M (Sep 10 2021)
Last sale anchor
$2.30M
Sep 10 2021
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
$375 / 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
$34,270
Tax year 2023
Assessed value
$2,392,920
Assessed 2024
Previous assessed
$2,346,000
+2.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,014,390
Assessed improvement
$1,378,530
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
1963
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Bathrooms
2
Total area
6,100 SF
Lot
0.49 ac (21,486 SF)
APN
74-1200-8-1
UPID
US09-6909809
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
MEDICAL BUILDING Current
Est. value
$2.4M
RESTAURANT
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.0M
MEDICAL BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Ricardo S De Leon
Individual
Mailing address
600 FORTRESS ISLE, ALAMEDA, CA 94501-5667
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
$2,300,000
Ricardo S De Leon
Bettle S Laven
Grant Deed
$1,072,000 · Bank Of West
Jul 18, 2018
—
Bettie S Laven
—
Deed
related
$1,114,000 · Opus Bank
Jan 6, 1999
$600,000
Bettie S Laven
Potter Trust
Grant Deed
$820,000 · Bank Of Alameda
Feb 24, 1997
—
Bettie S Laven
Laven,barry N
Quit Claim Deed
related
—
Jan 7, 1997
—
Barry N Laven
Laven Trust
Quit Claim Deed
related
—
—
—
Bettie S Laven
—
Deed Of Trust
related
$85,000 · Bachrach Trust
—
—
Bettie S Laven
—
Deed Of Trust
related
$994,500 · First Community Bank
—
—
Bettie Laven
—
Deed Of Trust
related
$100,000 · Raj Singh
—
—
Bettie S Laven
—
Deed Of Trust
related
$130,000 · Yehuda Ben-david
—
—
Bettie S Laven
—
Deed Of Trust
related
$900,000 · United Commercial Bank
—
—
Barry Laven
—
Deed Of Trust
related
$325,000 · 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.
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