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Property profile & analytics
FOR LEASE
Community centers
2201 S Shore Ctr Alameda, CA 94501
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-7119197
For Lease
1 / 26
$2,180,000
2201 S Shore Ctr, Alameda, CA 94501
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Property summary
AI-generated overview
South Shore Center, located at 2201 S Shore Center, Alameda, CA 94501, presents a unique opportunity for businesses seeking prime retail or restaurant space in Alameda County. This established shopping center boasts a total of 596,591 square feet across 22 suites, offering a diverse range of sizes to accommodate various needs. Currently, there are 57,485 square feet of vacant space available, with individual suites ranging from a minimum of 783 square feet to a maximum contiguous space of 4,913 square feet. The property sits on a substantial 46.59-acre lot, ensuring ample parking and visibility for tenants. Its strategic location in Alameda, California, provides excellent access to a thriving community and significant foot traffic. The property type is classified as retail and restaurant, making it ideal for a variety of businesses. The multiple tenancy structure allows for a diverse mix of tenants, creating a vibrant and attractive shopping destination. This is an exceptional opportunity to establish or expand your business in a highly desirable location. The property is currently available for lease.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1973
Construction
TILT-UP CONCRETE
Total area
60,480 SF
Lot
1.43 ac (62,291 SF)
APN
74-1200-2-27
UPID
US09-7119197
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
-
Kohl's Department Store
-
SEPHORA at Kohl's Alameda Cosmetic Store
-
Bowl'd BBQ Alameda Korean Barbecue Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.18M
Owner & transaction history
Mgp Xii South Shore Center LLC · 6 yrs held
Mgp Xii South Shore Center LLC
since 2020
Last sale
$2.1M
3 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
$2,145,000
ML approach
$2,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±10% · vs last sale $2.09M (Feb 21 2020)
Last sale anchor
$2.09M
Feb 21 2020
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
$36 / 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
$330,767
Tax year 2023
Assessed value
$26,632,127
Assessed 2024
Previous assessed
$26,110,011
+2.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$6,010,697
Assessed improvement
$20,621,430
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
60,480 SF
Lot
1.43 ac (62,291 SF)
APN
74-1200-2-27
UPID
US09-7119197
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
Building & site characteristics
From public records
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.43 ac
Current owner
From public records · entity-resolved
Mgp Xii South Shore Center LLC
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2020
$208,500,000
Mgp Xii South Shore Center LLC
Jamestown S Shr Ctr LP
Grant Deed
—
Mar 1, 2011
—
Jamestown Alameda Towne Centre
—
Deed Of Trust
related
$111,375,000 · Prudential Insurance Co
Jan 6, 2011
$156,000,000
Harsch Alameda Towne Jamestown
Harsch Investment Realty LLC
Grant Deed
$47,000,000 · Harsch Inv Realty LLC Series C
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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