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    Property profile & analytics
    OFF-MARKET Estimated value $3,140,000
    Medical Office Space

    828 San Pablo Ave, Albany, CA 94706-1567

    17,779 SF 0.33 ac lot Built 1960
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US09-8475987
    Property summary
    AI-generated overview

    Atrium Plaza offers 17,779 square feet of versatile office space in a single, beautifully maintained 1982 building. This executive, traditional, and creative office complex features 63 suites, with 13 currently available, ranging from 123 to 790 square feet. The building boasts a striking atrium filled with natural light, complemented by exposed beam arches throughout. A shared reception and waiting area provides a professional welcome for clients. Ample parking is available in the rear lot, accessible from Adams Street, supplementing the convenient street parking on San Pablo Avenue. The property's location offers easy access to BART, freeways, and AC Transit, all within a five-minute drive. Enjoy the convenience of Solano Avenue's shops and cafes, just a short walk away. The building is professionally managed, ensuring premium service. The flexible suite sizes allow for businesses of all scales, from solo practitioners to expanding companies; some suites interconnect for future growth. Numerous public and private bathrooms are conveniently located throughout the building. Currently, the tenant mix includes a variety of professionals, creating a vibrant and diverse community. The building's design and amenities make it an ideal location for a wide range of businesses. 1,207 square feet of space is currently vacant. The building includes elevators.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1960
    Construction TILT-UP CONCRETE
    Total area 17,779 SF
    Lot 0.33 ac (14,167 SF)
    APN 66-2791-8-2
    UPID US09-8475987
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.21M
    Blend (final) Blend
    $3.14M
    Owner & transaction history
    Alcatraz Premium Investments LLC · 11 yrs held
    Alcatraz Premium Investments LLC
    since 2015
    3 recorded transactions
    2020
    2015
    $4.3M
    1981
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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