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Property profile & analytics
OFF-MARKET
Estimated value
$2,510,000
Gas stations
500 Bancroft Ave San Leandro, CA 94577-2024
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7985182
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1964
Construction
TYPE NOT SPECIFIED
Total area
1,400 SF
Lot
0.38 ac (16,414 SF)
APN
76-296-1-1
UPID
US09-7985182
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
-
Sinclair Gas Station Gas Station
-
Dino Mart Gas Station
-
Antonios Tacos & Quesabirrias Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.82M
Blend (final)
Blend
$2.51M
Owner & transaction history
Fahea Investments LLC · 4 yrs held
Fahea Investments LLC
since 2021
Last sale
$2.2M
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
$2,820,000
ML approach
$2,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.51M
Range $2.26M – $2.76M · ±10% · vs last sale $2.21M (Nov 3 2021)
Last sale anchor
$2.21M
Nov 3 2021
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
$1,793 / 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
$28,548
Tax year 2023
Assessed value
$2,299,284
Assessed 2024
Previous assessed
$2,254,200
+2.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,092,420
Assessed improvement
$1,206,864
Applied tax rate
10.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1964
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
1,400 SF
Lot
0.38 ac (16,414 SF)
APN
76-296-1-1
UPID
US09-7985182
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
1964
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Fahea Investments LLC
Entity
Mailing address
4114 FOOTHILL BLVD, OAKLAND, CA 94601-4241
Ownership since
2021
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
Nov 3, 2021
$2,210,000
Fahea Investments LLC
Andre Wilson Enterprises INC
Grant Deed
$2,750,000 · Bay Commercial Bank
Aug 13, 2015
$1,200,000
Andre Wilson Enterprises INC
Hang M Ly
Grant Deed
$1,150,000 · Royal Business Bank
Aug 13, 2015
—
Bancroft Station LLC
Phillips 66 Co
Quit Claim Deed
related
—
Jan 4, 2007
$260,000
Hang M Ly
Capitol Valero Auto Care INC
Grant Deed
—
Mar 10, 2005
$800,000
Capitol Valero Auto Care INC
Kim,yo W
Grant Deed
$1,015,000 · Heritage Bank Of Commerce
Mar 30, 2004
—
Yo W Kim
Conocophillips Co
Grant Deed
$650,000 · Innovations One LLC
Apr 11, 1997
—
Tosco Corp
Union Oil Co Of California
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.
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