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Property profile & analytics
OFF-MARKET
Estimated value
$10,215,000
Flex space
9957 Medford Ave Oakland, CA 94603-2367
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8570695
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1946
Construction
TILT-UP CONCRETE
Total area
32,892 SF
Lot
1 ac (43,516 SF)
APN
45-5214-7
UPID
US09-8570695
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
-
Metal Building Company Construction Company General Contractor
-
HTI Tank Wash (Bike/Boat/Book/etc) Store
-
Direct Recycling Inc Recycling Center Waste Management Facility
-
Genuine Trading Inc Recycling Center Waste Management Facility
-
Patient To Patient Group Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.21M
Blend (final)
Blend
$10.22M
Owner & transaction history
Charter Investments LLC · 5 yrs held
Charter Investments LLC
since 2021
Last sale
$12.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$14.0M
+47.1%
Restaurant
$11.8M
+24.7%
Medical building
$11.1M
+16.4%
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 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
$11,470,000
ML approach
$9,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,495,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$13,975,000
Change: +47% · Conversion: Difficult
RESTAURANT
$11,840,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$11,055,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$7,925,000
Change: -17% · Conversion: Difficult
RETAIL STORES
$7,820,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$10.22M
Range $9.19M – $11.24M · ±10% · vs last sale $12.80M (Mar 11 2021)
Last sale anchor
$12.80M
Mar 11 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
$311 / 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
$54,207
Tax year 2024
Assessed value
$3,818,068
Assessed 2024
Previous assessed
$3,818,068
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,756,247
Assessed improvement
$2,061,821
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
Off-Market
Year built
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
32,892 SF
Lot
1 ac (43,516 SF)
APN
45-5214-7
UPID
US09-8570695
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
$9.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.0M
RESTAURANT
Est. value
$11.8M
MEDICAL BUILDING
Est. value
$11.1M
OFFICE BUILDING
Est. value
$7.9M
RETAIL STORES
Est. value
$7.8M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Charter Investments LLC
Entity
Mailing address
4080 GRAFTON ST STE #200, DUBLIN, CA 94568-7211
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2021
—
Charter Investments LLC
Charter Investments INC
Intrafamily Transfer
related
—
Aug 20, 2019
$12,800,000
Charter Investments INC
Creative Energy Foods INC
Trustees Deed
$8,300,000 · Westamerica Bk
Jul 18, 2019
—
Creative Energy Foods INC
—
Grant Deed
related
$2,000,000 · James Tong
Aug 31, 2018
—
Creative Energy Foods INC
—
Grant Deed
related
$7,300,000 · Wells Fargo Bk
Apr 30, 2004
$2,780,000
Creative Energy Foods INC
Lee,astrid L
Grant Deed
$1,306,250 · Diablo Valley Bank
Jan 26, 2001
$1,920,000
Astrid L Lee
Sunrise Specialty Co
Grant Deed
$728,000 · Bank Of The West
Nov 17, 2000
—
Sunrise Specialty Co
Development Specialists INC
Grant Deed
$2,000,000 · Owens Financial Group INC
Aug 4, 1998
—
Granny Goose Foods INC
—
Deed Of Trust
related
$7,500,000 · Coast Business Credit
Sep 22, 1997
—
Granny Goose Foods INC
—
Deed Of Trust
related
$2,000,000 · Fleet Capital Corp
—
—
Creative Energy Foods INC
—
Deed Of Trust
related
$856,000 · Bay Area Emp Development
—
—
Granny Goose Foods INC
—
Deed Of Trust
related
—
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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