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Property profile & analytics
OFF-MARKET
Estimated value
$12,255,000
Industrial land
888 Doolittle Dr San Leandro, CA 94577-1020
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9421347
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1954
Total area
72,300 SF
Lot
0.2 ac (8,841 SF)
APN
77A-649-29-1
UPID
US09-9421347
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
-
Emperor Electrical Supply Inc Corporate Office
-
Ace Hardwares Building Supply Hardware & Home Improvement
-
American Emperor LLC [华昌建材] Building Supply Hardware & Home Improvement
-
DFM Production Facility Factory
-
American Emperor Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.78M
CAP Approach
CAP
$13.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.26M
Owner & transaction history
1900 E12 LLC · 5 yrs held
1900 E12 LLC
since 2021
Last sale
$11.7M
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
$14,875,000
ML approach
$9,780,000
CAP Approach
CAP Return
Estimation
6%
$14,425,000
6.5%
$13,315,000
7%
$12,365,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$14,930,000
Current use
Blend value · Realmo final
$12.26M
Range $11.03M – $13.48M · ±10% · vs last sale $11.65M (Feb 22 2021)
Last sale anchor
$11.65M
Feb 22 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
$170 / 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
$3,920
Tax year 2024
Assessed value
$313,054
Assessed 2024
Previous assessed
$313,054
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$313,054
Applied tax rate
10.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1954
Heating
NONE
Stories
1
Total area
72,300 SF
Lot
0.2 ac (8,841 SF)
APN
77A-649-29-1
UPID
US09-9421347
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
INDUSTRIAL (GENERAL) Current
Est. value
$14.9M
INDUSTRIAL (GENERAL) Current
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
1954
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
1900 E12 LLC
Entity
Mailing address
119 10TH ST, OAKLAND, CA 94607-4803
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2021
$11,650,000
1900 E12 LLC
Kevin Sarkisian
Grant Deed
—
Apr 11, 2019
—
Kevin Sarkisian
—
Grant Deed
related
$1,775,000 · Fremont Bk
Oct 31, 2017
—
Kevin Sarkisian
—
Loan Modification
related
$1,250,000 · Fremont Bk
Sep 27, 2012
—
Kevin Sarkisian
—
Deed Of Trust
related
$1,940,000 · Fremont Bank
Dec 30, 2003
—
Kevin Sarkisian
—
Deed Of Trust
related
$3,300,000 · Fremont Bank
Sep 21, 1999
$1,300,000
Kevin Sarkisian
Likit Windows INC
Grant Deed
$1,050,000 · Seller
Apr 20, 1999
—
Likit Windows INC
Likit Windows INC
Quit Claim Deed
related
$2,258,000 · Us Bank
Aug 1, 1988
$675,000
Hundred Doo Nine
Bay County Prope
Grant Deed
$300,000 · Bay County Prope
Sep 10, 1976
—
Kevin Sarkisian
Likit Windows INC
Grant Deed
related
—
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$300,000 · Fremont Bank
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$239,500 · Us Bank
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$500,000 · Us Bank NA
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$500,000 · Fremont Bk
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$713,000 · Bay Area Emp Development
—
—
Kevin Sarkisian
—
Loan Modification
related
$750,000 · Fremont Bk
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$3,800,000 · Fremont Bk
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$1,560,000 · Fremont Bank
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$508,500 · Us Bank
—
—
Kevin Sarkisian
—
Deed Of Trust
related
$600,000 · Fremont Bank
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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