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Property profile & analytics
OFF-MARKET
Estimated value
$3,350,000
Industrial properties
1069 Serpentine Ln 2 Pleasanton, CA 94566-4759
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8532995
Property summary
AI-generated overview
This exceptional industrial property, located at 1069 Serpentine Ln, Pleasanton, CA 94566 (cross street: Quarry Ln), offers a variety of warehouse and R&D spaces for lease within the Valley Business Park. The single-story building, constructed in 1992 and renovated in 2014, boasts a total of 10,450 square feet. Currently, 4,101 square feet are available, divisible into units ranging from a minimum of 1,521 square feet to a maximum contiguous space of 2,580 square feet. The property sits on a 0.24-acre lot and features a generous 16-foot ceiling height, ideal for various industrial uses. The building provides convenient access with one drive-in door. Power is supplied by a 200-amp, 120/208-volt system. Parking is available at a ratio of 3 spaces per 1,000 square feet. This prime location in Alameda County offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient and functional warehouse or R&D space in Pleasanton. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1992
Construction
TILT-UP CONCRETE
Total area
10,450 SF
Lot
0.24 ac (10,465 SF)
APN
946-4547-154
UPID
US09-8532995
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
-
JUSBA Jain Temple of Tri Valley Temple
-
Ministerio cristiano casa de fe Church
-
TECO Technology Department Store
-
A1 Portable Toilet Building Supply
-
Ambiance Design and Staging Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.84M
Blend (final)
Blend
$3.35M
Owner & transaction history
Ambiance Design & Staging LLC · 4 yrs held
Ambiance Design & Staging LLC
since 2022
Last sale
$3.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.5M
+97.4%
Restaurant
$5.3M
+89.3%
Neighborhood: shopping center
$4.4M
+59.7%
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 Pleasanton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasanton 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
$2,985,000
ML approach
$3,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,780,000
Current use
OFFICE BUILDING
$5,485,000
Change: +97% · Conversion: Difficult
RESTAURANT
$5,260,000
Change: +89% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,440,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$4,130,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,365,000
Change: +21% · Conversion: Easy
RETAIL STORES
$2,965,000
Change: +7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,925,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$3.35M
Range $3.02M – $3.69M · ±10% · vs last sale $3.45M (Feb 28 2022)
Last sale anchor
$3.45M
Feb 28 2022
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
$321 / 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
$42,083
Tax year 2024
Assessed value
$3,587,299
Assessed 2024
Previous assessed
$3,587,299
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,090,339
Assessed improvement
$2,496,960
Applied tax rate
19.0000
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 properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
10,450 SF
Lot
0.24 ac (10,465 SF)
APN
946-4547-154
UPID
US09-8532995
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
$2.8M
OFFICE BUILDING
Est. value
$5.5M
RESTAURANT
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Ambiance Design & Staging LLC
Entity
Mailing address
2913 W CASTLE PNES TER, DUBLIN, CA 94568-1170
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
—
Ambiance Design & Staging LLC
Ads Holding LLC
Lease
$1,440,000 · The Mortgage Capital Development Corp
Feb 28, 2022
$3,448,500
Ads Holding LLC
J Dickson Family Limited Partnershi
Grant Deed
$1,750,000 · Bank Five Nine
Apr 19, 2005
—
J Dickson Family
Dickson Trust
Quit Claim Deed
—
Dec 7, 2004
—
Scott A Dickson
Dickson,jon A & Jean V
Quit Claim Deed
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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