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Property profile & analytics
FOR LEASE
Office buildings
8000 Jarvis Ave Newark, CA 94560
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-8586718
For Lease
1 / 3
$10,830,000
8000 Jarvis Ave, Newark, CA 94560
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
STEEL FRAME
Total area
48,236 SF
Lot
3.12 ac (136,103 SF)
APN
537-853-38
UPID
US09-8586718
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
-
DeVry University Private University College
-
LinkPlay Technology Inc. Industrial Manufacturer Production Facility
-
FRESH AND CLEAN UPHOLSTERY Carpet Cleaning Service Upholstery Cleaning Service
-
Rain Therapeutics Inc. Corporate Office
-
CS-Bay Therapeutics Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.97M
Blend (final)
Blend
$10.83M
Owner & transaction history
Bsp Senita 8000 Jarvis LLC · 6 yrs held
Bsp Senita 8000 Jarvis LLC
since 2019
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 Newark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newark 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,360,000
Current use
AUTO REPAIR, GARAGE
$15,535,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$13,690,000
Change: -16% · Conversion: Moderate
COMMERCIAL (GENERAL)
$13,510,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$10.83M
Range $9.75M – $11.91M · ±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
$225 / 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
$160,261
Tax year 2023
Assessed value
$14,045,689
Assessed 2024
Previous assessed
$13,770,327
+2.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$4,288,760
Assessed improvement
$9,756,929
Applied tax rate
11.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
2
Total area
48,236 SF
Lot
3.12 ac (136,103 SF)
APN
537-853-38
UPID
US09-8586718
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
OFFICE BUILDING Current
Est. value
$16.4M
AUTO REPAIR, GARAGE
Est. value
$15.5M
RETAIL STORES
Est. value
$13.7M
COMMERCIAL (GENERAL)
Est. value
$13.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2002
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
1
Lot
3.12 ac
Current owner
From public records · entity-resolved
Bsp Senita 8000 Jarvis LLC
Entity
Mailing address
3501 JAMBOREE RD STE #4200, NEWPORT BEACH, CA 92660-2958
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2019
$13,100,000
Bsp Senita 8000 Jarvis LLC
8000 Jarvis Avenue Eqities LLC
Grant Deed
$6,100,000 · Wilmington Tr NA 2018-c43 (ce)
Nov 25, 2019
$13,100,000
Bsp Senita 8100 Jarvis LLC
8100 Jarvis Avenue Equities LLC
Grant Deed
$12,390,000 · Zb NA
Feb 7, 2018
—
8000 Jarvis Avenue Equities Ll
Dewitt Jarvis LLC
Quit Claim Deed
$6,100,000 · Barclays Bk/plc
Dec 2, 2010
—
Dewitt Jarvis LLC
Clinton Hill Jarvis LLC
Grant Deed
related
—
Sep 23, 2010
$6,150,000
Dewitt Jarvis LLC
Clinton Hill Jarvis LLC
Grant Deed
—
Jul 14, 2010
—
Tc Jarvis LLC
—
Deed Of Trust
related
$18,060,032 · Capital One
Apr 1, 2005
—
Tc Jarvis LLC
Portfolio Investments LLC
Grant Deed
$22,000,000 · North Fork Bank
Dec 20, 2001
—
Orchard Portfolio Partners LLC
—
Deed Of Trust
related
$15,600,000 · Cupertino Nat'l Bank & Trust
Nov 3, 2000
—
Orchard Portfolio Partners LLC
—
Grant Deed
related
$11,910,000 · Cupertino National Bank
Oct 2, 2000
—
Orchard Portfolio Partners LLC
Orchard Gateway Investors LLC
Quit Claim Deed
related
—
—
—
Ben Leasing LLC
—
Deed Of Trust
related
$6,950,000 · Norseman Group LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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