New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Warehouses
221 Lewelling Blvd, San Lorenzo, CA 94580-1735
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8244106
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Construction
TYPE NOT SPECIFIED
Total area
5,220 SF
Lot
0.31 ac (13,388 SF)
APN
413-63-6-3
UPID
US09-8244106
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
-
Dadson Laundry - Machine Leasing & Repairs Coin Operated Laundry Equipment Supplier Washer & Dryer Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.59M
Owner & transaction history
Dl Nocal LLC · 3 yrs held
Dl Nocal LLC
since 2023
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+151.2%
Neighborhood: shopping center
$2.2M
+112.0%
Medical building
$2.1M
+97.3%
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 Lorenzo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Lorenzo 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
$1,450,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
$1,330,000
6.5%
$1,225,000
7%
$1,140,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,045,000
Current use
RESTAURANT
$2,630,000
Change: +151% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,220,000
Change: +112% · Conversion: Moderate
MEDICAL BUILDING
$2,065,000
Change: +97% · Conversion: Difficult
OFFICE BUILDING
$1,770,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,680,000
Change: +61% · Conversion: Easy
RETAIL STORES
$1,480,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,460,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.89M (Jan 23 2023)
Last sale anchor
$1.89M
Jan 23 2023
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
$305 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$23,443
Tax year 2024
Assessed value
$1,927,800
Assessed 2024
Previous assessed
$1,927,800
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$816,000
Assessed improvement
$1,111,800
Applied tax rate
80.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1972
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
5,220 SF
Lot
0.31 ac (13,388 SF)
APN
413-63-6-3
UPID
US09-8244106
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
WAREHOUSE, STORAGE Current
Est. value
$1.0M
RESTAURANT
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
WAREHOUSE, STORAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1972
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Dl Nocal LLC
Entity
Mailing address
5511 W ADAMS BLVD, LOS ANGELES, CA 90016-2503
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2023
$1,890,000
Dl Nocal LLC
Jec Building INC
Grant Deed
$945,000 · City National Bank
Jan 23, 2023
—
Dadson Laundry INC
Dl Nocal LLC
Lease
$776,000 · Business Finance Capital
Sep 14, 2020
$1,400,000
Jec Building INC
Diane Minhduyen Thi Vo
Grant Deed
$1,190,000 · Gbc International Bank
Mar 10, 2017
—
Diane M T Vo
—
Deed
related
$355,000 · Bank Of The West
Feb 28, 2007
$899,000
Diane M T Vo
Greves,mark & Toni J
Grant Deed
$250,000 · Wells Fargo & Co
Jun 30, 2000
$200,000
Greves,toni A & Mark
Wood Trust
Trustees Deed
$200,000 · Seller
Jun 30, 2000
—
Wood Trust
Wood,donald W & Mildred A
Quit Claim Deed
related
—
Jul 23, 1997
—
Wood Trust
Wood Trust
Quit Claim Deed
related
—
—
—
Diane M T Vo
—
Deed Of Trust
related
$355,000 · Bank Of The West
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 221 Lewelling Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
