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Property profile & analytics
OFF-MARKET
Estimated value
$2,470,000
Super regional malls
702 Prt Chicago Hwy 704 Bay Point, CA 94565-1502
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-3092353
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1953
Total area
9,963 SF
Lot
0.72 ac (31,450 SF)
Zoning code
P-1
APN
098-040-027-9
UPID
US09-3092353
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
$2.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.47M
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,965,000
6.5%
$2,740,000
7%
$2,545,000
Blend value · Realmo final
$2.47M
Range $2.22M – $2.72M · ±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
$248 / 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
$24,102
Tax year 2024
Assessed value
$1,207,678
Assessed 2024
Previous assessed
$1,207,678
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$350,827
Assessed improvement
$856,851
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
Heating
NONE
Stories
1
Total area
9,963 SF
Lot
0.72 ac (31,450 SF)
Zoning code
P-1
APN
098-040-027-9
UPID
US09-3092353
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
P-1 · Bay Point, CA
Zoning 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
Bay Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Stories
1
Lot
0.72 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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2017
$1,840,000
Shore Acres INC
Shrestha,sushil K & Arati
Grant Deed
$1,833,721 · Bank Of The Orient
May 19, 2017
$3,060,000
Sushil K Shrestha
Shore Acres LLC
Grant 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
$2,900,000
Grace S Li
Shore Acres Shopping Ctr LLC
Grant Deed
—
Sep 2, 2005
—
Grace S Li
Li,daniel M W
Quit Claim Deed
related
$2,000,000 · Bank Of The Orient
Dec 15, 1997
—
Shore Acres Shopping Center Ll
Lai,ping C & Kit C
Grant Deed
related
—
Dec 10, 1991
$920,000
Ping Lai
Smith,d./smith,g
Grant Deed
$670,000 · Seller
Dec 10, 1991
$24,500
Barbara Peloyan
Peloyan,b.
Grant Deed
related
—
Jan 30, 1991
$2,500,000
Duncan Smith
North Bay Develo
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.
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