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Property profile

296 Albion Ave San Lorenzo, CA 94580

FOR SALE
Warehouses
Property ID
US09-8556818
2,768 SF 0.13 ac lot Built 1931
Last sale Mar 2022 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 3,500 square foot industrial property, located at 296 Albion Ave, San Lorenzo, CA 94580, presents a compelling investment opportunity. Built in 1931, this Class C building offers a versatile blend of warehouse and flex space, perfect for a variety of uses. The property features a roll-up door for easy loading and unloading, unfinished wood floors, and multiple storage rooms providing ample space for inventory or equipment. Two bathrooms and a break room cater to employee needs, while…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$728k
Assessed land$520k
Assessed improvement$208k
Effective rate1.26%

Value estimate

· Oct 2026
$575k
$518k – $633k
AI approach$590k
CAP approach$650k
Submarket $/SF estimate$819k
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$4k
Operating expenses−$9k
NOI · 5.90% cap applied$53k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$200/SF
County average, outlier-cleaned · 448 recorded sales of this use type
Observed band · Q1–Q3$113 – $296
Qualifying comparables3

Cap rate analysis

How does the asset earn?
5.90%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALAMEDA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.2
Law Firm31.5
Skin Care Clinic13.6

Location

296 Albion Ave San Lorenzo, CA 94580
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
221 Lewelling, San Lorenzo, CA 94580-1735 $1,890,000 Jan 2023 5,220 SF
16520 Worthley, San Lorenzo, CA 94580-1812 $20,350,000 Nov 2022 10,608 SF
15725 Railroad, San Lorenzo, CA 94580-1367 $5,175,000 Mar 2022 1,040 SF
2584 Grant, San Lorenzo, CA 94580-1810 $2,500,000 Jul 2021 5,200 SF
16440 Ashland, San Lorenzo, CA 94580-1202 $2,395,000 May 2021 8,000 SF
2541 Grant, San Lorenzo, CA 94580-1809 $800,000 Sep 2020 2,190 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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