Property profile

828 San Pablo Ave Albany, CA 94706

OFF-MARKET
Medical Office Space
Property ID
US09-8475987
17,779 SF 0.33 ac lot Built 1960
Entity Owned 11-yr Hold ~ Est. High Equity
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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

Location

828 San Pablo Ave Albany, CA 94706-1567
Albany metro Census 420302 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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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

since 2015
3 recorded transactions
2020
Price N/A
2015
$4.3M
1981
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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