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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Investment properties
918 San Pablo Ave Albany, CA 94706-2010
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-8208096
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1924
Construction
WOOD
Total area
4,000 SF
Lot
0.17 ac (7,500 SF)
APN
66-2721-7
UPID
US09-8208096
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
$1.07M
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$1.07M
Owner & transaction history
John Nakamura · 2 yrs held
John Nakamura
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.7M
+40.4%
Retail stores
$1.4M
+19.4%
Auto repair, garage
$1.3M
+6.4%
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
Method
Estimation
Statistic approach
$1,075,000
ML approach
$1,070,000
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,145,000
7%
$1,065,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,210,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,700,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$1,445,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,290,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1.07M (Sep 11 2023)
Last sale anchor
$1.07M
Sep 11 2023
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
$268 / 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
$20,548
Tax year 2023
Assessed value
$1,230,063
Assessed 2024
Previous assessed
$1,205,945
+2.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$278,768
Assessed improvement
$951,295
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1924
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
4
Total area
4,000 SF
Lot
0.17 ac (7,500 SF)
APN
66-2721-7
UPID
US09-8208096
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
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
1924
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
John Nakamura
Individual
Mailing address
115 TWEED DR, DANVILLE, CA 94526-4147
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
Sep 11, 2023
—
John Nakamura
John Nmura
Intrafamily Transfer
related
—
Mar 4, 2004
$15,000
Bay Investment Easy
Tabatabaee,tr
Grant Deed
—
Mar 4, 2004
$1,070,000
John N Nakamura
East Bay Investment & Property
Grant Deed
$650,000 · Sincere Federal S & L
Oct 5, 1999
—
Tabatabaee Trust
Tabatabaee,hashim
Quit Claim Deed
related
—
Mar 21, 1994
$195,000
Hashim Tabatabaee
Tabatabaee,ahmad
Grant Deed
related
$390,000 · Mechanics Nat'l Bank Richmond
—
—
Hashem Tabatabaee
—
Deed Of Trust
related
$350,000 · Individual
—
—
Hashem Tabatabaee
—
Deed Of Trust
related
$40,000 · Individual
—
—
John N Nakamura
—
Deed Of Trust
related
$535,000 · First Republic Bank
—
—
Hashim K Tabatabaee
—
Deed Of Trust
related
$200,000 · Mechanics Nat'l Bank Richmond
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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