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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Warehouses
2584 Grant Ave, San Lorenzo, CA 94580-1810
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7336820
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Construction
TYPE NOT SPECIFIED
Total area
5,200 SF
Lot
0.56 ac (24,400 SF)
APN
438-10-7-4
UPID
US09-7336820
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
-
Doc Bailey Construction Equipment Inc Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$2.42M
Owner & transaction history
Donald Robert Bailey · 4 yrs held
Donald Robert Bailey
since 2021
Last sale
$2.5M
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
$2,245,000
ML approach
$2,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,620,000
Change: +151% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,210,000
Change: +112% · Conversion: Moderate
MEDICAL BUILDING
$2,055,000
Change: +97% · Conversion: Difficult
OFFICE BUILDING
$1,765,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,675,000
Change: +61% · Conversion: Easy
RETAIL STORES
$1,475,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,455,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10% · vs last sale $2.50M (Jul 26 2021)
Last sale anchor
$2.50M
Jul 26 2021
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
$464 / 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
$31,564
Tax year 2024
Assessed value
$2,601,000
Assessed 2024
Previous assessed
$2,601,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,352,520
Assessed improvement
$1,248,480
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
1963
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
5,200 SF
Lot
0.56 ac (24,400 SF)
APN
438-10-7-4
UPID
US09-7336820
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
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
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
1963
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.56 ac
Current owner
From public records · entity-resolved
Donald Robert Bailey
Individual
Mailing address
2584 GRANT AVE, SAN LORENZO, CA 94580-1810
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jul 26, 2021
$2,500,000
Donald Robert Bailey
Stuart L Mcvay
Grant Deed
$2,000,000 · Stuart Mcvay
Apr 25, 2013
$450,000
Stuart L Mcvay
Thompson Gary A
Grant Deed
—
Jan 11, 2012
—
Thompson,gary A
Inimoc LLC
Grant Deed
—
Feb 2, 2011
—
Inimoc LLC
Thompson,gary A
Grant Deed
—
Nov 15, 1996
—
Gary A Thompson
Thompson,victoria J
Quit Claim Deed
related
$135,000 · Cal-penn Builders INC Pst
Dec 1, 1982
$220,000
Gary A Thompson
—
Grant Deed
related
$36,200
—
—
Gary A Thompson
—
Deed Of Trust
related
$160,000 · Sanwa Bank California
—
—
Gary A Thompson
—
Deed Of Trust
related
$150,000 · Wells Fargo Bank
—
—
Gary A Thompson
—
Deed Of Trust
related
$390,000 · Wells Fargo Bank
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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