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Property profile & analytics
FOR LEASE
Flex space
7303 Edgewater Dr Oakland, CA 94621
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8132086
For Lease
1 / 2
Contact for pricing
7303 Edgewater Dr, Oakland, CA 94621
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Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Construction
TILT-UP CONCRETE
Total area
200,238 SF
Lot
9.28 ac (404,236 SF)
APN
41-3902-3-13
UPID
US09-8132086
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
-
ProCrete Resources Inc. Big Box & Wholesale Store
-
PS Business Parks Real Estate Agency
-
DCI Flooring Construction Company General Contractor
-
Mitsubishi Electric & Elctro Building Supply Electrical Service
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$52.00M
CAP Approach
CAP
$37.69M
Comparable Approach
Comparable
$36.94M
Blend (final)
Blend
$52.00M
Owner & transaction history
G&i Xi Golden Gate LP · 2 yrs held
G&i Xi Golden Gate LP
since 2024
Last sale
$52.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$85.1M
+33.3%
Restaurant
$72.1M
+12.9%
Medical building
$67.3M
+5.4%
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
$52,000,000
ML approach
$52,000,000
CAP Approach
CAP Return
Estimation
6%
$40,830,000
6.5%
$37,690,000
7%
$34,995,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$63,840,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$85,070,000
Change: +33% · Conversion: Difficult
RESTAURANT
$72,095,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$67,300,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$52.00M
Range $46.80M – $57.20M · ±10% · vs last sale $52.00M (May 1 2024)
Last sale anchor
$52.00M
May 1 2024
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
$260 / 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
$274,247
Tax year 2024
Assessed value
$18,470,550
Assessed 2024
Previous assessed
$18,470,550
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$5,418,028
Assessed improvement
$13,052,522
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
200,238 SF
Lot
9.28 ac (404,236 SF)
APN
41-3902-3-13
UPID
US09-8132086
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
INDUSTRIAL (GENERAL) Current
Est. value
$63.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$85.1M
RESTAURANT
Est. value
$72.1M
MEDICAL BUILDING
Est. value
$67.3M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
9.28 ac
Current owner
From public records · entity-resolved
G&i Xi Golden Gate LP
Entity
Free & Clear · 2 yrs held
Mailing address
575 5TH AVE FL, NEW YORK, NY 10017-2422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$52,000,000
G&i Xi Golden Gate LP
Northern California Industrial Port
Grant Deed
—
Sep 29, 2022
—
Psb Northern California Industrial
—
Deed
related
$411,200,000 · Citibank NA
Dec 23, 2011
$139,793,000
Psb Northern Ca Indl Portfoli
Northern Ca Indl Portfolio Ll
Grant Deed
—
Nov 20, 2006
—
Ca Industrial Portfol Northern
Rreef America Reit II Corp Nnn
Grant Deed
—
Oct 15, 2004
—
Rreef America Reit II Corp Nnn
Eop-industrial Portfolio LLC
Grant Deed
related
—
Jun 25, 2001
—
Spk-industrial Portfolio LLC
Spieker Properties LP
Grant Deed
related
—
May 22, 1996
—
Properties LP Spieker
Lincoln Oakfost Assoc
Grant Deed
related
—
Mar 3, 1978
—
—
—
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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