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Property profile & analytics
OFF-MARKET
Estimated value
$1,925,000
Retail space
415 Grand Ave Oakland, CA 94612-2311
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-8619974
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1924
Construction
TILT-UP CONCRETE
Total area
9,045 SF
Lot
0.26 ac (11,142 SF)
APN
8-657-11
UPID
US09-8619974
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.93M
Owner & transaction history
Hpn 415 W Grand LLC · 7 yrs held
Hpn 415 W Grand LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.0M
+41.3%
Industrial (general)
$2.6M
+21.4%
Office building
$2.2M
+1.3%
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,150,000
Current use
MEDICAL BUILDING
$3,040,000
Change: +41% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,610,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$2,180,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,100,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±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
$213 / 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
$78,336
Tax year 2023
Assessed value
$5,468,150
Assessed 2024
Previous assessed
$4,850,000
+12.7% YoY
Effective rate
1.43%
On assessed value
Assessed land
$3,827,705
Assessed improvement
$1,640,445
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
9,045 SF
Lot
0.26 ac (11,142 SF)
APN
8-657-11
UPID
US09-8619974
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
RETAIL STORES Current
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
RETAIL STORES Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Hpn 415 W Grand LLC
Entity
Mailing address
335 15TH ST, SAN DIEGO, CA 92101-7532
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2019
—
Hpn 415 W Grand LLC
—
Deed
related
$2,700,000 · Bank Of Hemet
Feb 6, 2019
$5,000,000
Hpn 415 W Grand LLC
Cho,yoon H
Grant Deed
$2,500,000 · Hp Finance LLC
Apr 23, 2018
—
Lmrk Propco LLC
—
Deed
related
$80,000,000 · Wilmington Trust NA
Sep 5, 2014
—
Ld Acquisition Co 9 LLC
—
Grant Deed
related
$70,000,000 · Bank Of America
Apr 1, 2005
—
Yoon H Cho
Cho,su J
Quit Claim Deed
related
—
Jul 11, 2003
$1,300,000
Su J Cho
Lee,sangkyu
Grant Deed
—
Jun 20, 2003
—
Kyung H Lee
Mike Lee Tours
Quit Claim Deed
related
—
Jun 20, 2003
$1,250,000
Sangkyu Lee
Lee,kyung H & Nam H
Grant Deed
related
$200,000 · Kyung H & Nam H Lee
Jun 27, 2000
$800,000
Kyung H Lee
E & C Cute Trust
Grant Deed
$720,000 · Us Bank NA
Nov 1, 1982
—
Dobson,william R Trust
—
Grant Deed
related
—
—
—
Yoon H Cho
—
Deed Of Trust
related
$40,000 · Victor M Martinez
—
—
Hpn 415 W Grand LLC
—
Deed Of Trust
related
$2,700,000 · Bank Of Hemet
—
—
Yoon H Cho
—
Deed Of Trust
related
$150,000 · D&j Capital
—
—
Hpn 415 W Grand LLC
—
Deed Of Trust
related
$2,700,000 · Bank Of Hemet
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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