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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Warehouses
717 45th Ave Oakland, CA 94601-4420
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7377280
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Construction
WOOD FRAME
Total area
12,395 SF
Lot
0.22 ac (9,785 SF)
APN
34-2290-2-1
UPID
US09-7377280
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
$2.41M
Comparable Approach
Comparable
$3.10M
Blend (final)
Blend
$2.28M
Owner & transaction history
Oakland Coliseum Storage LLC · 6 yrs held
Oakland Coliseum Storage LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.7M
+53.1%
Office building
$3.0M
+24.2%
Retail stores
$2.4M
+1.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,610,000
6.5%
$2,410,000
7%
$2,235,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,405,000
Current use
INDUSTRIAL (GENERAL)
$3,685,000
Change: +53% · Conversion: Easy
OFFICE BUILDING
$2,985,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$2,440,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,330,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±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
$184 / 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
$79,036
Tax year 2024
Assessed value
$5,944,923
Assessed 2024
Previous assessed
$5,944,923
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,048,923
Assessed improvement
$4,896,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
3
Total area
12,395 SF
Lot
0.22 ac (9,785 SF)
APN
34-2290-2-1
UPID
US09-7377280
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
WAREHOUSE, STORAGE Current
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Oakland Coliseum Storage LLC
Entity
Free & Clear · 6 yrs held
Mailing address
4607 MSN GORGE PL, SAN DIEGO, CA 92120-4133
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
—
Oakland Coliseum Storage LLC
—
Deed
related
$14,060,000 · Mufg Union Bank NA
Aug 16, 2019
$3,100,000
Oakland Coliseum Storage LLC
Krug Living Trust
Grant Deed
—
Sep 27, 2012
—
Krug Living Trust
Krug,rodney I & Karlin M
Quit Claim Deed
related
—
Nov 5, 1976
—
Rodney I Krug
—
Grant Deed
related
—
—
—
Rodney I Krug
—
Deed Of Trust
related
$332,854 · Bay Bank Of Commerce
—
—
Krug R.
—
Deed Of Trust
related
$160,000 · Bay Bank Of Commerce
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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