Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,165,000
Super regional malls
602 Prt Chicago Hwy 654 Bay Point, CA 94565-1502
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-1832148
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1953
Construction
WOOD FRAME
Total area
27,749 SF
Lot
3.02 ac (131,551 SF)
Zoning code
P-1
APN
098-040-028-7
UPID
US09-1832148
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
$5.17M
Owner & transaction history
Shore Acres INC · 8 yrs held
Shore Acres INC
since 2017
7 recorded transactions
Zoning & alternative use
P-1 · Bay Point, CA
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 Bay Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay Point 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$186 / 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
$35,685
Tax year 2024
Assessed value
$2,214,300
Assessed 2024
Previous assessed
$2,214,300
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$1,467,463
Assessed improvement
$746,837
Applied tax rate
79.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1953
Construction
WOOD FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
27,749 SF
Lot
3.02 ac (131,551 SF)
Zoning code
P-1
APN
098-040-028-7
UPID
US09-1832148
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
P-1 · Bay Point, CAZoning P-1 · permitted uses
P-1 · Bay Point, CA
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
1953
Construction
WOOD FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
3.02 ac
Current owner
From public records · entity-resolved
Shore Acres INC
Entity
Mailing address
6321 PO BOX 7TH 7, PLEASANTON, CA 94566-0198
Ownership since
2017
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
Nov 14, 2017
$1,840,000
Shore Acres INC
Shrestha,sushil K & Arati
Trustees Deed
$1,833,721 · Bank Of The Orient
May 19, 2017
$3,060,000
Sushil K Shrestha
Shore Acres LLC
Trustees Deed
$1,846,000 · Bank Of The Orient
Jul 1, 2013
—
Shore Acres LLC
Li,grace S
Quit Claim Deed
—
Nov 7, 2006
—
Siu P M K & Li H M H Trust
Siu,patrick M K
Quit Claim Deed
related
—
Oct 24, 2006
—
Patrick M K Siu
Siu,patrick M K
Quit Claim Deed
related
—
Sep 2, 2005
—
Grace S Li
Li,daniel M W
Quit Claim Deed
related
$2,000,000 · Bank Of The Orient
Sep 2, 2005
$2,900,000
Grace S Li
Shore Acres Shopping Ctr LLC
Grant Deed
—
Dec 15, 1997
—
Shore Acres Shopping Center Ll
Lai,ping C & Kit C
Grant Deed
related
—
Dec 10, 1991
$920,000
Ping C Lai
Unknown
Grant Deed
—
—
—
Ping C Lai
—
Deed Of Trust
related
$44,944 · Delta Diablo Sanitation Dist
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 602 Prt Chicago Hwy, Unit 654?
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.
