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Property profile & analytics
OFF-MARKET
Estimated value
$9,335,000
Grocery and convenience stores
6310 College Ave Oakland, CA 94618-1332
Entity Owned
8-yr Hold
Free & Clear
Property ID
US09-8704642
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2014
Construction
TILT-UP CONCRETE
Total area
45,500 SF
Lot
1.79 ac (77,764 SF)
APN
48A-7070-1-4
UPID
US09-8704642
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
-
Safeway Grocery & Convenience Store Food Market
-
Philz Coffee Cafe & Coffee Shop
-
Safeway Pharmacy Pharmacy
-
Amazon Locker - Eli Postal Service Courier Service
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.09M
Blend (final)
Blend
$9.34M
Owner & transaction history
Safeway INC · 8 yrs held
Safeway INC
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.3M
+41.3%
Industrial (general)
$13.1M
+21.4%
Office building
$11.0M
+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
$10,820,000
Current use
MEDICAL BUILDING
$15,290,000
Change: +41% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$13,135,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$10,965,000
Change: +1% · Conversion: Easy
COMMERCIAL (GENERAL)
$10,030,000
Change: -7% · Conversion: Easy
WAREHOUSE, STORAGE
$8,660,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$9.34M
Range $8.40M – $10.27M · ±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
$205 / 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
$668,266
Tax year 2023
Assessed value
$48,563,079
Assessed 2024
Previous assessed
$47,407,819
+2.4% YoY
Effective rate
1.38%
On assessed value
Assessed land
$8,924,000
Assessed improvement
$39,639,079
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
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2014
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
45,500 SF
Lot
1.79 ac (77,764 SF)
APN
48A-7070-1-4
UPID
US09-8704642
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
$10.8M
MEDICAL BUILDING
Est. value
$15.3M
INDUSTRIAL (GENERAL)
Est. value
$13.1M
OFFICE BUILDING
Est. value
$11.0M
COMMERCIAL (GENERAL)
Est. value
$10.0M
WAREHOUSE, STORAGE
Est. value
$8.7M
RETAIL STORES Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2014
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
Safeway INC
Entity
Free & Clear · 8 yrs held
Mailing address
250 E PARKCENTER BLVD, BOISE, ID 83706-3940
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2017
$41,043,500
Safeway INC
7978 Associates Xiii LLC
Grant Deed
—
Nov 9, 2017
$41,043,431
7978 Associates Xiii LLC
Safeway INC
Grant Deed
—
Dec 31, 2014
—
College & Claremont Shops LLC
Property Dev Centers LLC
Grant Deed
related
—
May 13, 2014
—
Safeway INC
Property Dev Centers LLC
Quit Claim Deed
related
—
Jan 27, 2014
—
Property Dev Centers LLC
Safeway INC
Quit Claim 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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