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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Flex space
616 Mcclary Ave Oakland, CA 94621-1915
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8589941
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1955
Construction
TYPE NOT SPECIFIED
Total area
6,511 SF
Lot
0.29 ac (12,650 SF)
APN
42-4318-23
UPID
US09-8589941
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
-
S&F Towing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.76M
Owner & transaction history
Fernando Acosta Jimenez · 5 yrs held
Fernando Acosta Jimenez
since 2021
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.8M
+33.3%
Restaurant
$2.3M
+12.9%
Medical building
$2.2M
+5.4%
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
$1,655,000
ML approach
$1,660,000
CAP Approach
CAP Return
Estimation
6%
$1,330,000
6.5%
$1,225,000
7%
$1,140,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,075,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,765,000
Change: +33% · Conversion: Difficult
RESTAURANT
$2,345,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$2,190,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±10% · vs last sale $1.85M (Feb 23 2021)
Last sale anchor
$1.85M
Feb 23 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
$270 / 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
$27,846
Tax year 2024
Assessed value
$1,963,220
Assessed 2024
Previous assessed
$1,963,220
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$424,480
Assessed improvement
$1,538,740
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
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
2
Units
11
Total area
6,511 SF
Lot
0.29 ac (12,650 SF)
APN
42-4318-23
UPID
US09-8589941
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
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RESTAURANT
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL 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
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Buildings
1
Units
11
Lot
0.29 ac
Current owner
From public records · entity-resolved
Fernando Acosta Jimenez
Individual
Mailing address
15211 FARNSWORTH ST, SAN LEANDRO, CA 94579-1638
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2021
$1,850,000
Fernando Acosta Jimenez
United Kitchen Equipment Mfg Co
Grant Deed
$925,000 · First Bank
Oct 27, 2000
$525,000
United Kitchen Equipment Mfg
Gordon Trust
Grant Deed
$300,000 · Sonoma National Bank
Mar 9, 2000
—
Gordon Trust
Gordon,john & Janis L
Quit Claim Deed
related
—
Nov 1, 1978
—
—
—
Grant Deed
related
—
—
—
John Gordon
—
Deed Of Trust
related
$100,000 · Monticello Investment
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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