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Property profile & analytics
OFF-MARKET
Estimated value
$7,980,000
Parking lots & garages
260 23rd St Oakland, CA 94612
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8570505
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1982
Construction
CONCRETE
Total area
147,150 SF
Lot
0.34 ac (14,783 SF)
APN
8-669-11
UPID
US09-8570505
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
-
260 23rd St Garage Parking Lot & Garage
-
SP+ Parking Parking Lot & Garage
-
SP Plus Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.98M
Owner & transaction history
180 Grand Owner LLC · 9 yrs held
180 Grand Owner LLC
since 2017
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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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
$54 / 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
$400,811
Tax year 2023
Assessed value
$28,091,378
Assessed 2024
Previous assessed
$27,540,654
+2.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$9,006,396
Assessed improvement
$19,084,982
Applied tax rate
17.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
NONE
Buildings
1
Stories
9
Units
1
Total area
147,150 SF
Lot
0.34 ac (14,783 SF)
APN
8-669-11
UPID
US09-8570505
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
1982
Construction
CONCRETE
Heating
NONE
Stories
9
Buildings
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
180 Grand Owner LLC
Entity
Mailing address
180 GRAND AVE STE #1400, OAKLAND, CA 94612-3752
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jun 19, 2017
$119,250,000
180 Grand Owner LLC
Mach II 180 LLC
Trustees Deed
related
$95,172,000 · Morgan Hills Group LLC
Dec 19, 2014
—
Mach II 180 LLC
Cshv 180 Grand LLC
Grant Deed
$42,500,000 · Wells Fargo Bank NA
Oct 12, 2004
—
Cshv 180 Grand LLC
Simrock 2-180 Grand LLC
Grant Deed
related
—
Jul 24, 2003
—
Simrock 2-180 Grand LLC
—
Deed Of Trust
related
$32,500,000 · J P Morgan Chase Bank
Aug 25, 2000
—
Simrock 2-180 Grand LLC
Louis Kaliski INC
Grant Deed
$34,000,000 · Credit Lyonnais New York
Dec 29, 1998
—
Louise Kaliski INC
—
Deed Of Trust
related
$26,200,000 · Teachers Insurance & Annuity
Mar 26, 1970
—
Raymart Properties
—
Grant 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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