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Property profile & analytics
FOR SALE
Retail space
900 Masonic Ave Albany, CA 94706
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-7676697
For Sale
1 / 3
$2,500,000
900 Masonic Ave, Albany, CA 94706
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
WOOD
Total area
1,943 SF
Lot
0.05 ac (2,206 SF)
APN
65-2652-5
UPID
US09-7676697
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Emma Miles · 2 yrs held
Emma Miles
since 2023
Last sale
$475,000
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,991
Tax year 2023
Assessed value
$547,264
Assessed 2024
Previous assessed
$536,537
+2.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$193,152
Assessed improvement
$354,112
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1948
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
3
Bathrooms
4
Total area
1,943 SF
Lot
0.05 ac (2,206 SF)
APN
65-2652-5
UPID
US09-7676697
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
1948
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
3
Bathrooms
4
Lot
0.05 ac
Current owner
From public records · entity-resolved
Emma Miles
Individual
Mailing address
510 LASSEN WAY, OAKLEY, CA 94561-5231
Ownership since
2023
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
May 23, 2025
—
Emma Miles
—
Deed
related
$600,000 · Drue Banister 2014 Trust
Dec 14, 2023
—
Emma Miles
Emma Miles
Intrafamily Transfer
related
—
Dec 14, 2023
$187,500
Emma Miles
Emma J Miles
Grant Deed
related
$375,000 · Marjorie Sperber
Apr 25, 2019
—
Emma J Miles
—
Deed
related
$140,000 · Alfred T Hodgson
Aug 17, 2007
$475,000
Emma J Miles
Chelemedos Family Trust
Grant Deed
—
Dec 8, 2004
—
Chelemedos Family Trust
Chelemedos,leah D
Quit Claim Deed
related
—
Apr 30, 1981
—
—
—
Grant Deed
related
—
—
—
Emma J Miles
—
Deed Of Trust
related
$140,000 · Alfred T Hodgson
—
—
Emma J Miles
—
Loan Modification
related
$140,000 · Alfred T Hodgson
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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