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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Turn key restaurants
801 Franklin St Oakland, CA 94607-4252
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-6567318
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
WOOD
Total area
7,056 SF
Lot
0.16 ac (7,152 SF)
APN
1-196-11-1
UPID
US09-6567318
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
-
Digital Entrepreneurs Organization Marketing & Advertising
-
agag express shuttle and limo Moving Company Logistics Company
-
Avenue 510 Photography & Videography (Bike/Boat/Book/etc) Store Photography Service
-
Goodyear Vacations Inc Travel Agency
-
Fire Link Fire Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Fongs Property Investment INC · 21 yrs held
Fongs Property Investment INC
since 2004
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 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
$90 / 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
$50,006
Tax year 2023
Assessed value
$3,566,460
Assessed 2024
Previous assessed
$3,496,538
+2.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,093,168
Assessed improvement
$2,473,292
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
7,056 SF
Lot
0.16 ac (7,152 SF)
APN
1-196-11-1
UPID
US09-6567318
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
1980
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Fongs Property Investment INC
Entity
Mailing address
353 CREEDON CIR, ALAMEDA, CA 94502-7796
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2004
$2,610,000
Fongs Property Investment INC
Jay,kelly K & Patsy
Grant Deed
$1,550,000 · United Commercial Bank
Feb 1, 1982
—
—
—
Grant Deed
related
—
—
—
Kelly K Jay
—
Deed Of Trust
related
$1,400,000 · International Bank
—
—
Kelly K Jay
—
Deed Of Trust
related
$920,000 · Bank Of Canton
—
—
F Par
—
Deed Of Trust
related
$200,000 · Bank Of Canton
—
—
Kelly K Jay
—
Deed Of Trust
related
$138,000 · America California Bank
—
—
Kelly K Jay
—
Deed Of Trust
related
$1,575,000 · Western State Bank
—
—
K. Jay
—
Deed Of Trust
related
$400,000 · American California Bank
—
—
Theodore E Fong
—
Deed Of Trust
related
$161,250 · Wells Fargo Bank
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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