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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Investment properties
925 Central Ave Alameda, CA 94501-3405
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8436854
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
WOOD
Total area
2,645 SF
Lot
0.11 ac (4,884 SF)
APN
73-392-45
UPID
US09-8436854
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
$1.13M
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$1.04M
Owner & transaction history
Wei Nanfei · 5 yrs held
Wei Nanfei
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+57.2%
Medical building
$1.0M
+46.3%
Auto repair, garage
$850,000
+19.1%
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 Alameda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alameda 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
$990,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$715,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Change: +57% · Conversion: Difficult
MEDICAL BUILDING
$1,045,000
Change: +46% · Conversion: Easy
AUTO REPAIR, GARAGE
$850,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$750,000
Change: +5% · Conversion: Easy
OFFICE BUILDING
$720,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $1.15M (May 20 2021)
Last sale anchor
$1.15M
May 20 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
$393 / 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
$17,302
Tax year 2023
Assessed value
$1,220,380
Assessed 2024
Previous assessed
$1,196,460
+2.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$488,152
Assessed improvement
$732,228
Applied tax rate
21.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
2
Bathrooms
1
Total area
2,645 SF
Lot
0.11 ac (4,884 SF)
APN
73-392-45
UPID
US09-8436854
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
$715,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$850,000
RETAIL STORES
Est. value
$750,000
OFFICE BUILDING
Est. value
$720,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1910
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
2
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Wei Nanfei
Individual
Mailing address
2683 GRANDE VIS AVE APT A, OAKLAND, CA 94601-1363
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2021
$1,150,000
Wei Nanfei
H & M Alameda Central LLC
Grant Deed
$860,000 · East West Bank
May 22, 2012
—
H & M Alameda Central LLC
Liang,maggie
Grant Deed
—
Apr 11, 2008
$389,000
Maggie Liang
Edwards,david B
Grant Deed
—
Mar 1, 2005
—
David B Edwards
Edwards,david B
Quit Claim Deed
related
$250,000 · Robert N Preston
Sep 21, 1999
—
David B Edwards
Delong,vannessa L
Quit Claim Deed
related
—
Jan 26, 1983
$80,000
—
—
Grant Deed
related
—
—
—
Maggie Liang
—
Deed Of Trust
related
$393,000 · Helena S Liang
—
—
Maggie Liang
—
Deed Of Trust
related
$321,750 · Cathay Bank
—
—
Edwards David B
—
Deed Of Trust
related
$75,000 · Wells Fargo 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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