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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Flex space
510 Derby Ave Oakland, CA 94601-2813
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-6768483
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1955
Construction
TILT-UP CONCRETE
Total area
9,900 SF
Lot
0.23 ac (10,000 SF)
APN
25-667-16-2
UPID
US09-6768483
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
-
Voila Juice Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.14M
CAP Approach
CAP
$1.87M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$2.14M
Owner & transaction history
Voila Juice Company LLC · 3 yrs held
Voila Juice Company LLC
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+21.2%
Medical building
$3.3M
+13.1%
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
$2,060,000
ML approach
$2,140,000
CAP Approach
CAP Return
Estimation
6%
$2,020,000
6.5%
$1,865,000
7%
$1,730,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,940,000
Current use
RESTAURANT
$3,565,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$3,325,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$2,385,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10% · vs last sale $2.60M (Apr 3 2023)
Last sale anchor
$2.60M
Apr 3 2023
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
$216 / 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
$34,192
Tax year 2024
Assessed value
$2,428,876
Assessed 2024
Previous assessed
$2,428,876
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$765,000
Assessed improvement
$1,663,876
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
9,900 SF
Lot
0.23 ac (10,000 SF)
APN
25-667-16-2
UPID
US09-6768483
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
$2.9M
RESTAURANT
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING
Est. value
$2.4M
INDUSTRIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
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
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Voila Juice Company LLC
Entity
Mailing address
510 DERBY AVE, OAKLAND, CA 94601-2813
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
$2,600,000
Voila Juice Company LLC
Jill Hoffknecht
Grant Deed
$1,800,000 · The Boland Living Trust
Jul 21, 2008
—
Boland Living Trust
Boland,gary
Quit Claim Deed
related
—
Dec 13, 2004
$1,050,000
Gary Boland
Bennett,barton W & Shirley A
Grant Deed
$675,000 · Wachovia Commercial Mortgage
Dec 13, 2004
—
Gary Boland
Allen-boland,dale
Quit Claim Deed
related
—
Apr 22, 2004
—
Barton W Bennett
Paganelli,jacqueline A Est
Quit Claim Deed
related
—
Feb 16, 2001
$175,000
Barton W Bennett
Blamire Trust
Grant Deed
related
—
Sep 20, 1984
—
John C|blamire Anne M Eta Paganelli
—
Grant Deed
related
—
—
—
Boland Living Trust
—
Deed Of Trust
related
$999,999 · Us Bank NA
—
—
Wells Realtors
—
Deed Of Trust
related
$240,000 · Rosenstein Trust
—
—
Wells Realtors
—
Deed Of Trust
related
$50,000 · Individual
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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