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Property profile & analytics
OFF-MARKET
Estimated value
$12,000,000
Motels
8465 Enterprise Way, Oakland, CA 94621-1317
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-6669490
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1987
Construction
TILT-UP CONCRETE
Total area
57,120 SF
Lot
2.3 ac (100,188 SF)
APN
42-4323-3-4
UPID
US09-6669490
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
-
La Quinta Inn & Suites by Wyndham Oakland Airport Coliseum Hotel & Motel
-
Imagination Park
-
Oakland arena Gym & Fitness Center Sports Field & Court
-
SAGE Payroll Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.00M
Owner & transaction history
Oakland Holdings 1 LLC · 2 yrs held
Oakland Holdings 1 LLC
since 2024
Last sale
$12.0M
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
$12,000,000
ML approach
$12,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$19,195,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$12.00M
Range $10.80M – $13.20M · ±10% · vs last sale $12.00M (Apr 18 2024)
Last sale anchor
$12.00M
Apr 18 2024
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
$210 / 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
$169,257
Tax year 2023
Assessed value
$11,417,765
Assessed 2024
Previous assessed
$11,043,391
+3.4% YoY
Effective rate
1.48%
On assessed value
Assessed land
$3,220,566
Assessed improvement
$8,197,199
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
3
Units
152
Rooms
152
Bathrooms
152
Total area
57,120 SF
Lot
2.3 ac (100,188 SF)
APN
42-4323-3-4
UPID
US09-6669490
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$19.2M
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Buildings
1
Units
152
Rooms
152
Bathrooms
152
Lot
2.3 ac
Current owner
From public records · entity-resolved
Oakland Holdings 1 LLC
Entity
Mailing address
PO BOX 69344, WEST HOLLYWOOD, CA 90069-0344
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2024
$12,000,000
Oakland Holdings 1 LLC
Imperial Heritage LLC
Grant Deed
$8,125,000 · Commonwealth Business Bank
May 3, 2022
—
Imperial Heritage LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
Jun 8, 2017
—
Imperial Heritage LLC
—
Deed
related
$10,000,000 · Far East National Bank
Jul 27, 2005
$8,290,000
Imperial Heritage LLC
Thakor,balwantsinh D
Grant Deed
$4,687,000 · Nara Bank
Apr 3, 2001
—
Balwantsinh D Thakor
Suntone Op Properties LLC
Grant Deed
$8,250,000 · General Electric Capital Busin
Dec 13, 1995
$4,333,000
Sunstone Hotel Investors LP
Inns Properties
Grant Deed
$30,000,000 · Bank One Arizona
—
—
Imperial Heritage LLC
—
Deed Of Trust
related
$6,500,000 · Far East Nat'l Bk
—
—
Inns Properties
—
Deed Of Trust
related
$3,063,245 · Bank Of The West
—
—
Imperial Heritage LLC
—
Deed Of Trust
related
$8,999,900 · Far East Nat'l Bk
—
—
Imperial Heritage LLC
—
Deed Of Trust
related
$10,000,000 · Far East Nat'l Bk
—
—
Inns Properties
—
Deed Of Trust
related
$1,400,000 · Westinghouse Electric
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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