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Property profile & analytics
OFF-MARKET
Estimated value
$3,425,000
Strip malls
650 Central Ave Alameda, CA 94501-7801
Trust Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8695649
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
TILT-UP CONCRETE
Total area
25,046 SF
Lot
1.69 ac (73,590 SF)
APN
74-1328-32
UPID
US09-8695649
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
-
Family Dentistry Dental Office
-
Pham Cathy H DDS Dental Office
-
Cash 1 Loan Service
-
Bonfare Market Grocery & Convenience Store Food Market
-
Laundry Time Laundromat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.23M
Blend (final)
Blend
$3.43M
Owner & transaction history
Rosenthal Trust · 24 yrs held
Rosenthal Trust
since 2001
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 Alameda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alameda 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
Blend value · Realmo final
$3.43M
Range $3.08M – $3.77M · ±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
$137 / 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
$82,705
Tax year 2023
Assessed value
$4,427,263
Assessed 2024
Previous assessed
$4,340,475
+2.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$1,816,452
Assessed improvement
$2,610,811
Applied tax rate
21.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
25,046 SF
Lot
1.69 ac (73,590 SF)
APN
74-1328-32
UPID
US09-8695649
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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
Rosenthal Trust
Trust
Mailing address
101 ELLINWOOD DR, PLEASANT HILL, CA 94523-7722
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
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
Jul 26, 2001
—
Rosenthal Trust
Rosenthal,harvey
Quit Claim Deed
related
$2,550,000 · California Federal Bank
Jul 29, 1994
$2,650,000
Harvey Rosenthal
Silicon Valley B
Grant Deed
$1,671,500 · United Savings Bank
Nov 1, 1993
—
Silicon Valley Bank Corporation
Commonwealth Lan
Trustees Deed
related
—
Jul 21, 1992
$2,008,727
William Zenklusen
Banner Developme
Grant Deed
—
Sep 22, 1989
$2,340,000
Banner Developme
Lucky Alameda Pa
Grant Deed
$2,750,000 · Silicon Valley Bank
—
—
Alameda Pa Lucky
—
Deed Of Trust
related
$1,100,000 · Bar-k INC
—
—
Rosenthal,tr
—
Deed Of Trust
related
$2,480,000 · Fortis Benefits Insurance Co
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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