Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Industrial properties
4080 Watts St Emeryville, CA 94608-3654
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8633506
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1912
Construction
TILT-UP CONCRETE
Total area
3,612 SF
Lot
0.08 ac (3,612 SF)
APN
49-618-56
UPID
US09-8633506
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
$1.02M
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.00M
Owner & transaction history
D & W Trust · 5 yrs held
D & W Trust
since 2020
Last sale
$985,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+66.8%
Medical building
$1.2M
+32.0%
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
$1,015,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$920,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,535,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$1,215,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$870,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$860,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $985k (Nov 24 2020)
Last sale anchor
$985k
Nov 24 2020
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
$277 / 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
$13,766
Tax year 2024
Assessed value
$1,045,282
Assessed 2024
Previous assessed
$1,045,282
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$397,950
Assessed improvement
$647,332
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1912
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
3,612 SF
Lot
0.08 ac (3,612 SF)
APN
49-618-56
UPID
US09-8633506
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
INDUSTRIAL (GENERAL) Current
Est. value
$920,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$870,000
RETAIL STORES
Est. value
$860,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1912
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
D & W Trust
Trust
Mailing address
4062 WATTS ST, EMERYVILLE, CA 94608-3654
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2020
—
D & W Trust
Gregory Dy
Quit Claim Deed
related
—
Nov 24, 2020
$985,000
Wattz Up LLC
D & W Trust
Grant Deed
—
Jan 23, 2018
—
Gregory Dy
—
Deed
related
$750,000 · Community Bank Of The Bay
Jul 26, 2017
$1,100,000
Gregory Dy
Watts Street Partners LLC
Grant Deed
$770,000 · Other Institutional Lenders
Dec 14, 2016
—
Watts Street Partners LLC
—
Deed
related
$50,000 · Earl Chan
Sep 9, 2016
—
Watts Street Partners LLC
—
Deed
related
$115,000 · Private Individual
May 26, 2016
$1,100,000
Watts Street Partners LLC
E & P Of Mexico LLC
Grant Deed
$770,000 · Rtc Investors V Funding LLC
Jul 26, 2007
$722,000
E & P Of Mexico LLC
Golden Horn Development LP
Grant Deed
$649,800 · Us Bank NA
Apr 30, 2002
—
Golden Horn Development LP
—
Deed Of Trust
related
$2,250,000 · Wells Fargo Bank
Jul 30, 1996
—
Golden Horn Dev LP
Fairley,d P
Grant Deed
related
—
Apr 4, 1996
—
Robert A Haffner
Haffner,narumi O
Quit Claim Deed
related
—
Apr 4, 1996
$228,000
Fairley,d P
Schmier,kenneth J
Trustees Deed
—
—
—
D P Fairley
—
Deed Of Trust
related
$161,350 · Metro Commerce Bank NA
—
—
Lester E Paul
—
Deed Of Trust
related
$50,000 · Individual
—
—
Golden Horn Development LP
—
Deed Of Trust
related
$267,000 · Summit State Bank
—
—
Watts Street Partners LLC
—
Deed Of Trust
related
$115,000 · Private Individual
—
—
Watts Street Partners LLC
—
Deed Of Trust
related
$50,000 · Earl Chan
—
—
Gregory Dy
—
Deed Of Trust
related
$750,000 · Community Bk/bay
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4080 Watts St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
