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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Office buildings
8393 Capwell Dr Oakland, CA 94621-2123
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8081791
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Construction
WOOD
Total area
21,328 SF
Lot
1 ac (43,560 SF)
APN
42-4425-2-1
UPID
US09-8081791
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
-
Starzz Management Services Business Management Consultant
-
Naibu Painting Painting Service General Contractor
-
CleanNet USA Bay Area Carpet Cleaning Service Janitorial Service
-
Iaba North Social Service Agency Charitable Organization
-
Insure U Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.79M
Owner & transaction history
Joseph Jung Hume · 4 yrs held
Joseph Jung Hume
since 2021
Last sale
$2.2M
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
Method
Estimation
Statistic approach
$1,610,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.79M
Range $1.61M – $1.97M · ±10% · vs last sale $2.15M (Nov 16 2021)
Last sale anchor
$2.15M
Nov 16 2021
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
$84 / 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
$45,356
Tax year 2023
Assessed value
$2,748,131
Assessed 2024
Previous assessed
$2,694,253
+2.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$1,641,159
Assessed improvement
$1,106,972
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Total area
21,328 SF
Lot
1 ac (43,560 SF)
APN
42-4425-2-1
UPID
US09-8081791
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
1972
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Lot
1 ac
Current owner
From public records · entity-resolved
Joseph Jung Hume
Individual
Mailing address
1761 INDIAN WAY, OAKLAND, CA 94611-1220
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
—
Joseph Jung
—
Deed
related
$673,000 · Wells Fargo Bank NA
Nov 16, 2021
—
Joseph Jung Hume
Hume J Jung
Intrafamily Transfer
related
—
Feb 28, 2018
—
Hume J Jung
Hume J Jung
Intrafamily Transfer
related
$1,170,000 · Wells Fargo Bank NA
May 12, 2009
—
Hume J Jung
Jung,taehee S
Quit Claim Deed
related
—
May 12, 2009
$2,150,000
Hume J Jung
Pessin John E 2006 Trust
Grant Deed
$1,505,000 · Westamerica Bank
Mar 31, 2008
—
Thomas P O'toole
Pessin,john E
Affidavit Of Death
related
—
Aug 11, 2006
—
Pessin,j E 2006 Living Trust
Pessin,john
Quit Claim Deed
related
—
Jan 31, 2006
—
John E Pessin
Petropoulos,jim
Grant Deed
$1,610,000 · Westamerica Bank
Aug 25, 2004
$1,750,000
Jim Petropoulos
Gerow Richard E Trust
Grant Deed
$1,200,000 · Greater Bay Bank
Nov 5, 1998
—
Gerow Trust
Gerow,richard E
Quit Claim Deed
related
—
Sep 19, 1995
—
Richard E Gerow
—
Grant Deed
related
$500,000 · Mechanics Nat'l Bank Richmond
Jan 31, 1994
—
Elwyn C Gerow
Gerow Trust
Quit Claim Deed
related
—
—
—
Hume J Jung
—
Deed Of Trust
related
$1,375,000 · Provident Savings Bank
—
—
Whitney Properties LP
—
Deed Of Trust
related
$255,000 · Individual
—
—
R.&k. Hamilton
—
Deed Of Trust
related
$180,000 · Individual
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.
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