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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Medical Office Space
2217 Central Ave Alameda, CA 94501-4410
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8446940
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1918
Construction
WOOD
Total area
4,384 SF
Lot
0.24 ac (10,384 SF)
APN
71-218-16
UPID
US09-8446940
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
-
Alameda Oral Surgery Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$655k
Owner & transaction history
Elizabeth Bajenio Pratt · 4 yrs held
Elizabeth Bajenio Pratt
since 2022
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$149 / 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
$7,006
Tax year 2023
Assessed value
$219,451
Assessed 2024
Previous assessed
$215,149
+2.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$107,984
Assessed improvement
$111,467
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
1918
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Bathrooms
3
Total area
4,384 SF
Lot
0.24 ac (10,384 SF)
APN
71-218-16
UPID
US09-8446940
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
1918
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Bathrooms
3
Lot
0.24 ac
Current owner
From public records · entity-resolved
Elizabeth Bajenio Pratt
Individual
Mailing address
1198 HILLERY WAY, ALAMEDA, CA 94502-7096
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2022
—
Elizabeth Bajenio Pratt
Elizabeth Bajenio Pratt
Deed Of Distribution
related
—
Apr 29, 2019
—
Pratt,k T & E B 2019 Trust-tr Trust
Pratt Terry 2002 Trust
Quit Claim Deed
related
—
Mar 8, 2002
—
Pratt Trust
Pratt,kenneth T
Quit Claim Deed
related
—
Nov 13, 1990
—
Kenneth Pratt
Pratt,d.
Quit Claim Deed
related
—
Nov 9, 1990
—
Kenneth Pratt
—
Quit Claim Deed
related
$212,000 · Alameda First Bank
May 4, 1979
$94,000
Kenneth T Pratt
Pratt,darlene Fujii
Grant Deed
related
$90,000
—
—
Kenneth T Pratt
—
Deed Of Trust
related
$225,000 · Bank Of Alameda
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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