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Property profile & analytics
OFF-MARKET
Estimated value
$15,495,000
Strip malls
7200 Bancroft Ave Oakland, CA 94605-2403
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-8616975
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Construction
WOOD
Total area
114,893 SF
Lot
4.16 ac (181,370 SF)
APN
39-3291-22
UPID
US09-8616975
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
-
LifeLong Eastmont Health Center Medical Clinic
-
Romieki Brothers - Oakland CA Interior Design Home Decor Store
-
Burger King Restaurant
-
CVS Photo (Bike/Boat/Book/etc) Store Printing Service
-
Charles Houston Bar Association Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.50M
Owner & transaction history
Palm Peninsula LLC · 10 yrs held
Palm Peninsula LLC
since 2015
6 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$135 / 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
$269,105
Tax year 2023
Assessed value
$18,080,828
Assessed 2024
Previous assessed
$17,726,397
+2.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$4,178,016
Assessed improvement
$13,902,812
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Total area
114,893 SF
Lot
4.16 ac (181,370 SF)
APN
39-3291-22
UPID
US09-8616975
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
1973
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Lot
4.16 ac
Current owner
From public records · entity-resolved
Palm Peninsula LLC
Entity
Mailing address
201 WILSHIRE BLVD FL, SANTA MONICA, CA 90401-1233
Ownership since
2015
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
Oct 5, 2015
$15,000,000
Palm Peninsula LLC
Eastmont Oakland Associates LLC
Grant Deed
$9,200,000 · East West Bank
Mar 13, 2007
—
Ao Etc LLC
Eastmont Oakland LLC
Grant Deed
—
Jan 24, 2005
—
Eastmont Oakland LLC
Eastmont Town Center Co LLC
Grant Deed
—
—
—
Palm Peninsula LLC
—
Loan Modification
related
$12,730,000 · East West Bk
—
—
Palm Peninsula LLC
—
Loan Modification
related
—
—
—
Palm Peninsula LLC
—
Loan Modification
related
$11,165,546 · East West Bk
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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