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Property profile & analytics
FOR LEASE
Office buildings
2433 Mariner Square Loop Alameda, CA 94501
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8692087
For Lease
1 / 2
$1,670,000
2433 Mariner Square Loop, Alameda, CA 94501
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
11,380 SF
Lot
1.04 ac (45,302 SF)
APN
74-1315-6
UPID
US09-8692087
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
-
RISE ‘N’ GRIND FITNESS Gym & Fitness Center
-
Nate Wantatah Gym & Fitness Center
-
Law Office of Srinoi G. Rousseau Law Firm
-
Needle In A Haystack (Bike/Boat/Book/etc) Store
-
Diesel Fuel Filtering Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$1.67M
Owner & transaction history
Kitron L Crane · 7 yrs held
Kitron L Crane
since 2019
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±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
$147 / 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
$21,899
Tax year 2023
Assessed value
$1,026,319
Assessed 2024
Previous assessed
$1,006,199
+2.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$307,655
Assessed improvement
$718,664
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1980
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Total area
11,380 SF
Lot
1.04 ac (45,302 SF)
APN
74-1315-6
UPID
US09-8692087
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
1980
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Kitron L Crane
Individual
Mailing address
43 MORAGA WAY, ORINDA, CA 94563-3050
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jul 31, 2020
—
Mash Petroleum INC
—
Deed
related
$561,000 · Boston Private Bank & Trust Company
Jan 22, 2020
—
Among Mash Petroleum INC
—
Deed
related
$8,500,000 · Boston Private Bank & Trust Company
Jan 9, 2019
$775,000
Kitron L Crane
Lagios Family Trust
Grant Deed
—
Aug 12, 2013
$2,800,000
Mash Petroleum INC
Libitzky Family Foundation
Grant Deed
$2,000,000 · United Labor Bank
Apr 29, 2013
—
Libitzky Family Foundation
Libitzky Hldgs LP
Quit Claim Deed
—
Sep 23, 2010
—
Schmier E S Living 2010 Trust
Schmier,eric S
Quit Claim Deed
related
—
May 7, 1998
—
Libitzky Holdings LP
Libtzky,moses S
Grant Deed
related
—
Apr 28, 1998
—
Libitzky Holdings LP
Libitzky,susan M
Quit Claim Deed
related
—
Oct 13, 1995
$1,300,000
Libitzky,moses
First Interstate Bank Of Ca
Trustees Deed
—
Oct 13, 1995
—
Moses Libitzky
Solomon-libitzky,susan
Quit Claim Deed
related
—
Dec 28, 1994
$1,800,000
First Interstate Bank Of Ca
Mariner Development Co
Trustees Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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