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Property profile & analytics
OFF-MARKET
Estimated value
$19,055,000
Community centers
3889 San Pablo Ave Emeryville, CA 94608-3808
Individually Owned
Free & Clear
Property ID
US09-9028385
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1994
Construction
TILT-UP CONCRETE
Total area
71,117 SF
Lot
4.43 ac (193,025 SF)
APN
49-619-6
UPID
US09-9028385
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.06M
Owner & transaction history
Burlington Coat Factory Of Texas In
Burlington Coat Factory Of Texas In
since 2025
5 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 Emeryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Emeryville 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%
$26,350,000
6.5%
$24,320,000
7%
$22,585,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$30,215,000
Current use
RESTAURANT
$25,605,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$19.06M
Range $17.15M – $20.96M · ±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
$268 / 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
$497,278
Tax year 2023
Assessed value
$35,261,742
Assessed 2024
Previous assessed
$34,570,431
+2.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$16,462,011
Assessed improvement
$18,799,731
Applied tax rate
14.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Stories
1
Units
8
Total area
71,117 SF
Lot
4.43 ac (193,025 SF)
APN
49-619-6
UPID
US09-9028385
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$30.2M
RESTAURANT
Est. value
$25.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
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
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
4
Units
8
Lot
4.43 ac
Current owner
From public records · entity-resolved
Burlington Coat Factory Of Texas In
Individual
Free & Clear · 0 yrs held
Mailing address
909 ROSE AVE STE #200, N BETHESDA, MD 20852-8724
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
—
Burlington Coat Factory Of Texas In
Federal Realty Op LP
Deed
—
Apr 10, 2025
—
Federal Realty Op LP
East Bay Bridge Retail LLC
Grant Deed
—
Mar 3, 2011
—
East Bay Bridge Retail LLC
Prologis Logistics Services Incorpo
Grant Deed
—
Oct 28, 1998
—
Catellus Finance LLC
Catellus Development Corp
Quit Claim Deed
related
—
—
—
Catellus Development Corp
—
Deed Of Trust
related
$33,000 · Chase Manhattan 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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