Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2490 Mariner Square Loop Alameda, CA 94501

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2490 Mariner Square Loop Alameda, CA 94501

    View on Map
    • Office buildings
    • 42,996 SF
    • 1.94 lot acres
    For Lease
    $8,435,000
    View Listing →
    Office Space in Alameda Landing For Lease
    $8,435,000
    2,040 SF

    Office Space in Alameda Landing

    Office space with private offices, open area, and break room.

    2490 Mariner Square Loop, Alameda, CA
    View Listing
    Property ID
    US09-8692088
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • NetSol Technologies North America, Inc. / (Bike/Boat/Book/etc) Store / Corporate Office
    • Garcia Hernandez Sawhney LLP / Law Firm
    • Financial Wize Mortgage Lenders Alameda CA / Nursing Home / Retirement Community
    • Center for Independent Living (Alameda Office) / Charitable Organization / Social Service Agency
    • frank l. kucera & associates, pc. / Consultant

    Property Details for 2490 Mariner Square Loop

    Year built
    1992
    Construction
    TILT-UP CONCRETE
    Lot size
    1.94 lot acres
    Property size
    42,996 SF
    Property type
    Office buildings
    APN
    74-905-44
    APU
    7490544

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $11,715,000
      Current use
      AUTO REPAIR, GARAGE
      $13,845,000
      Change: +18% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $12,935,000
      Change: +10% Conversion: Easy
      RETAIL STORES
      $12,200,000
      Change: +4% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $11,620,000
      Change: -1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.277
    Latitude
    37.7858
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $185,155
    $3,237,144
    $10,925,363
    $14,162,507
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.80 Acres

      1001 Marina Vlg Pkwy

      OFFICE BUILDING • 0.80 Acres
      1001 Marina Vlg Pkwy, Alameda, CA 94501-1091
      View Details
    • Value Estimation
      $3,895,000
      26,034 SF

      1516 Oak St

      OFFICE BUILDING • 26,034 SF
      1516 Oak St, Alameda, CA 94501-2947
      View Details
    • Value Estimation
      $665,000
      1,794 SF

      2400 Otis Dr

      OFFICE BUILDING • 1,794 SF
      2400 Otis Dr, Alameda, CA 94501
      View Details
    • Value Estimation by Request
      1,352 SF

      2527 Santa Clara Ave

      OFFICE BUILDING • 1,352 SF
      2527 Santa Clara Ave, Alameda, CA 94501-4633
      View Details
    • Value Estimation
      $760,000
      4,832 SF

      2258 Santa Clara Ave

      OFFICE BUILDING • 4,832 SF
      2258 Santa Clara Ave, Alameda, CA 94501-4498
      View Details
    • Value Estimation
      $5,375,000
      28,302 SF

      1100 Marina Vlg Pkwy

      OFFICE BUILDING • 28,302 SF
      1100 Marina Vlg Pkwy, Alameda, CA 94501-6461
      View Details

    Similar Nearby for Sale

    • $2,580,988
      5,101 SF

      Alameda Office Building For Sale

      Office building with 5101 square feet of space.
      1000 Central Ave, Alameda, CA 94501
      View Details
    • $1,550,000
      3,779 SF

      Medical Building Plus Residential Cottages

      Medical building with two residential cottages in Central Alameda.
      2242 Santa Clara Ave, Alameda, CA 94501
      View Details
    • $997,000
      3,502 SF

      Alameda Mixed-Use Building For Sale

      Mixed-use building in Alameda's vibrant downtown, ideal for business or investment.
      1414 Everett St, Alameda, CA 94501
      View Details
    • Contact for pricing
      4,600 SF

      Mixed-Use Property in Alameda Heart

      Three-unit mixed-use property in Alameda with high walkability.
      1707 Lincoln Ave, Alameda, CA 94501
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      25,131 SF

      Alameda Office Space For Rent

      Office building with convenient access to major transportation routes.
      2470 Mariner Square Loop, Alameda, CA 94501
      View Details
    • Contact for pricing
      6,827 SF

      Life Sciences Space for Rent

      950,000 SF waterfront campus with Class A office, lab, research.
      1101 Marina Village Pkwy, Alameda, CA 94501
      View Details
    • Contact for pricing
      12,823 SF

      Alameda Office Space Available

      Office building with 12,823 square feet available for rent.
      950 Marina Village Pkwy, Alameda, CA 94501
      View Details
    • Contact for pricing
      733 SF

      Waterfront Campus Life Sciences Space

      Class A office, lab, and research space available for rent.
      1301 Marina Village Pkwy, Alameda, CA 94501
      View Details
    • Contact for pricing
      20,516 SF

      Waterfront Campus Life Sciences Space

      Premier Alameda campus with office, lab, and research space.
      1001 Marina Village Pkwy, Alameda, CA 94501
      View Details
    • Contact for pricing
      63,000 SF

      Alameda Flex Space For Rent

      63,000 SF flex space with office in Alameda.
      2175 Monarch St, Alameda, CA 94501
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2490 Mariner Square Loop
    Alameda, CA 94501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!