Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    817 Marina Vlg Pkwy Alameda, CA 94501-1035

    • Super regional malls
    • 21,598 SF
    • 2.07 lot acres
    OFF-MARKET
    Value Estimations
    $6,060,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7876441
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Marina Village Cleaners / (Bike/Boat/Book/etc) Store
    • A2Z Cooling & Heating Alameda / HVAC Service / General Contractor

    Property Details for 817 Marina Vlg Pkwy

    Year built
    1988
    Construction
    WOOD
    Lot size
    2.07 lot acres
    Property size
    21,598 SF
    Property type
    Super regional malls
    APN
    74-1334-34-5
    APU
    741334345

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,630,000
      6.5%
      $6,120,000
      7%
      $5,680,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,394,000
      Market price range: $2.98M - $14.7M
      AI Estimate
      $3,672,000
      Market price range: $766k - $8.19M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $9,175,000
      Current use
      MEDICAL BUILDING
      $8,540,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.273
    Latitude
    37.7837
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $132,975
    $2,356,500
    $6,434,232
    $8,790,732
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,240,000
      6,456 SF

      933 Marina Vlg Pkwy

      REGIONAL SHOPPING CENTER, MALL • 6,456 SF
      933 Marina Vlg Pkwy, Alameda, CA 94501-1048
      View Details
    • Value Estimation
      $13,435,000
      40,912 SF

      815 Marina Vlg Pkwy

      REGIONAL SHOPPING CENTER, MALL • 40,912 SF
      815 Marina Vlg Pkwy, Alameda, CA 94501-1035
      View Details
    • Value Estimation
      $1,295,000
      5,269 SF

      861 Marina Vlg Pkwy

      REGIONAL SHOPPING CENTER, MALL • 5,269 SF
      861 Marina Vlg Pkwy, Alameda, CA 94501-1035
      View Details
    • Value Estimation
      $2,120,000
      10,014 SF

      801 Marina Vlg Pkwy

      REGIONAL SHOPPING CENTER, MALL • 10,014 SF
      801 Marina Vlg Pkwy, Alameda, CA 94501-1035
      View Details
    • Value Estimation
      $2,295,000
      427,980 SF

      2130 Shr Ctr

      REGIONAL SHOPPING CENTER, MALL • 427,980 SF
      2130 Shr Ctr, Alameda, CA 94501-8043
      View Details
    • Value Estimation
      $4,250,000
      25,765 SF

      931 Marina Vlg Pkwy

      REGIONAL SHOPPING CENTER, MALL • 25,765 SF
      931 Marina Vlg Pkwy, Alameda, CA 94501-1048
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Mixed-Use Property in Alameda Shopping District

      Mixed-use property with retail and residential units in Alameda, CA.
      1249-1251 Park St, Alameda, CA 94501
      View Details
    • $3,495,000
      4,637 SF

      Former Dealership Redevelopment Opportunity

      Redevelopment opportunity on a busy intersection in Alameda, CA.
      1825 Park St, Alameda, CA 94501
      View Details
    • $1,395,000
      3,228 SF

      Mixed-Use Building with Retail

      Mixed-use building featuring a renovated retail unit and residential space.
      1511-1515 Park St, Alameda, CA 94501
      View Details
    • $2,295,000

      Alameda Mixed-Use Building For Sale

      Mixed-use building with commercial and residential units in Alameda.
      1203 Benton St, Alameda, CA 94501
      View Details
    • $1,580,000
      4,600 SF

      Mixed-Use Property in Alameda Heart

      Three-unit mixed-use property in Alameda with high walkability.
      1707 Lincoln Ave, Alameda, CA 94501
      View Details
    • $695,000

      Leased Land in Alameda

      Vacant lot with long-term lease and income.
      2308 Encinal Ave, Alameda, CA 94501
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      783 SF

      Retail Space in Alameda Center

      Retail space available within a large open-air community center.
      2201-2265 S Shore Ctr, Alameda, CA 94501
      View Details
    • Contact for pricing
      1,609 SF

      Retail Space in South Shore Center

      Retail space available in Alameda's premier shopping destination.
      2227-2249 S Shore Ctr, Alameda, CA 94501
      View Details
    • Contact for pricing
      6,149 SF

      Mixed-Use Development Opportunity

      Retail, residential, and office space available in Alameda, CA.
      2690 Fifth St, Alameda, CA 94501
      View Details
    • Contact for pricing
      6,149 SF

      Retail Space in Waterfront District

      Retail space available in a Target and Safeway anchored center.
      2700 Fifth St, Alameda, CA 94501
      View Details
    • Contact for pricing
      4,105 SF

      Retail Space in South Shore Center

      Retail space available in Alameda's premier shopping destination.
      501 S Shore Ctr W, Alameda, CA 94501
      View Details
    • Contact for pricing
      5,236 SF

      Retail Space in South Shore Center

      Retail space available in Alameda's premier shopping destination.
      2208-2220 S Shore Ctr, Alameda, CA 94501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    817 Marina Vlg Pkwy
    Alameda, CA 94501-1035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.