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Property profile & analytics
FOR LEASE
Flex space
850 92Nd Ave Oakland, CA 94603
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7377809
For Lease
1 / 2
$6,145,000
850 92Nd Ave, Oakland, CA 94603
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1949
Construction
TILT-UP CONCRETE
Total area
46,799 SF
Lot
10.76 ac (468,575 SF)
APN
44-4989-9-2
UPID
US09-7377809
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
-
Fast Lane Intermodal Inc Trucking Company
-
American Portable storage Factory Production Facility
-
Petermann Travel Agency Tour Operator
-
Cold Box Inc. - Cold Storage Bay Area Electronics & Wireless Store Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.15M
CAP Approach
CAP
$8.55M
Comparable Approach
Comparable
$7.41M
Blend (final)
Blend
$6.15M
Owner & transaction history
Stephens & Stephens 92nd Ave LLC · 2 yrs held
Stephens & Stephens 92nd Ave LLC
since 2024
Last sale
$6.1M
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
$6,145,000
ML approach
$6,145,000
CAP Approach
CAP Return
Estimation
6%
$9,260,000
6.5%
$8,550,000
7%
$7,935,000
Blend value · Realmo final
$6.15M
Range $5.53M – $6.76M · ±10% · vs last sale $6.14M (Feb 15 2024)
Last sale anchor
$6.14M
Feb 15 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
$131 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$175,628
Tax year 2024
Assessed value
$10,405,015
Assessed 2024
Previous assessed
$10,405,015
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$7,836,168
Assessed improvement
$2,568,847
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
46,799 SF
Lot
10.76 ac (468,575 SF)
APN
44-4989-9-2
UPID
US09-7377809
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
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
10.76 ac
Current owner
From public records · entity-resolved
Stephens & Stephens 92nd Ave LLC
Entity
Mailing address
601 CALIFORNIA ST STE #1710, SAN FRANCISCO, CA 94108-2822
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2024
—
Stephens & Stephens LLC
—
Deed
related
$12,000,000 · Rga Reinsurance Company
Feb 15, 2024
—
Stephens & Stephens 92nd Ave LLC
Stephens & Stephens Viii LLC
Intrafamily Transfer
related
$12,000,000 · Rga Reinsurance Company
Jun 8, 2004
$6,143,107
Stephens & Stephens Viii LLC
Statewide Concrete Barrier INC
Trustees Deed
—
May 27, 1999
—
Statewide Concrete Barrier INC
Xtra Lease INC
Grant Deed
$2,900,000 · Bay Bank Of Commerce
Nov 15, 1994
$3,091,500
Xtra Lease INC
Ajf Warehouse Distributors INC
Grant Deed
—
Jan 30, 1981
$175,000
—
—
Grant Deed
related
—
—
—
Statewide Concrete Barrier INC
—
Deed Of Trust
related
$4,550,000 · Pacific Coast Investment Co
—
—
Stephens & Stephens Viii LLC
—
Loan Modification
related
$6,250,000 · Comerica Bk
—
—
Stephens & Stephens Viii LLC
—
Deed Of Trust
related
$5,600,000 · Bank Of The West
—
—
Statewide Concrete Barrier INC
—
Deed Of Trust
related
$653,089 · Desilva Group LLC
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.
Try Rey
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