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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Hotels
8480 Edes Ave Oakland, CA 94621-1306
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US09-8960517
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1984
Construction
WOOD
Total area
22,528 SF
Lot
1.02 ac (44,431 SF)
APN
42-4323-13
UPID
US09-8960517
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
-
East Bay Headlight Restoration Car Wash
-
CARE Campus Home #2 Social Service Agency
-
HairCandy Wigs and Hair Bar (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$915k
Owner & transaction history
Motel 6 Operating · 18 yrs held
Motel 6 Operating
since 2008
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
by Request
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10%
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
$41 / 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
$112,704
Tax year 2023
Assessed value
$7,752,000
Assessed 2024
Previous assessed
$7,600,000
+2.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$2,295,000
Assessed improvement
$5,457,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Buildings
1
Stories
3
Units
73
Total area
22,528 SF
Lot
1.02 ac (44,431 SF)
APN
42-4323-13
UPID
US09-8960517
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
1984
Construction
WOOD
Heating
NONE
Stories
3
Buildings
1
Units
73
Lot
1.02 ac
Current owner
From public records · entity-resolved
Motel 6 Operating
Individual
Mailing address
2651 N HARWOOD ST STE #450, DALLAS, TX 75201-1564
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
—
Care Campus LLC
—
Deed
related
$19,200,000 · Community Bank Of The Bay
Sep 9, 2021
—
G6 Hospitality Property LLC
—
Deed
related
$685,000,000 · Jpmorgan Chase Bank NA
Sep 14, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 11, 2017
—
G6 Hospitality Property LLC
—
Deed
related
$201,000,000 · Deutsche Bank National Trust Co
Feb 8, 2008
$10,003,636
Motel 6 Operating
M6 Remainder III LLC
Grant Deed
—
Feb 8, 2008
$228,182
Motel 6 Operating
Blakeslee,arthur L
Grant Deed
—
Feb 25, 1998
—
M6 Remainder III LLC
Motel 6 Operating LP
Trustees Deed
related
—
Feb 9, 1989
$5,487,000
Motel 6 Operatin
Sixpence Inns Of
Grant Deed
$155,000 · Bankers Trust Co
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · Jp Morgan Chase Bk
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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