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Property profile & analytics
OFF-MARKET
Estimated value
$3,335,000
Retail space
115 Railroad Ave Danville, CA 94526-3806
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2967409
Property summary
AI-generated overview
Hacienda Plaza, located at 115 Railroad Avenue in Danville, California (94526), presents a unique opportunity for retail businesses. This single-story, 7,995 square foot building sits on a 0.37-acre lot and offers excellent visibility at the busy intersection of Railroad Avenue and Linda Mesa Avenue. The property boasts approximately 95 feet of frontage on Railroad Avenue, ensuring high traffic exposure. Currently, 950 square feet of retail space is available for lease within this multi-tenant building, constructed in 1977. The building features 21 total parking spaces, providing ample convenience for customers and employees. Its strategic location offers easy access to the Clock Tower parking lot across the street, enhancing accessibility. Adding to its appeal, Hacienda Plaza is situated adjacent to the Iron Horse Trail, within walking distance of numerous amenities, and just one block from San Ramon Valley High School. The property's convenient location is further emphasized by its proximity to the I-680 freeway on/off-ramp, only 0.5 miles away. The property's APN is 199-350-039-4 and is zoned DB1- Old Town Retail.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
BRICK
Total area
7,610 SF
Lot
0.37 ac (16,204 SF)
Zoning code
PN
APN
199-350-039-4
UPID
US09-2967409
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
-
Iron Horse Fitness and Sports Performance Gym & Fitness Center
-
Crystal Blue Cleaners (Bike/Boat/Book/etc) Store
-
Pattivs Fine Jewelry (Bike/Boat/Book/etc) Store
-
Island Advertising Marketing & Advertising
-
N8 Athletic Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.28M
CAP Approach
CAP
$3.00M
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$3.34M
Owner & transaction history
First Republic Bank · 4 yrs held
First Republic Bank
since 2021
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
PN · Danville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+81.7%
Medical building
$2.8M
+51.0%
Commercial (general)
$2.7M
+44.7%
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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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
$3,185,000
ML approach
$3,280,000
CAP Approach
CAP Return
Estimation
6%
$3,245,000
6.5%
$2,995,000
7%
$2,780,000
Alternative Use
Use
Estimation
RESTAURANT
$3,330,000
Change: +82% · Conversion: Easy
MEDICAL BUILDING
$2,765,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,650,000
Change: +45% · Conversion: Easy
OFFICE BUILDING
$2,615,000
Change: +43% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,080,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,020,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$3.34M
Range $3.00M – $3.67M · ±10% · vs last sale $3.60M (Dec 21 2021)
Last sale anchor
$3.60M
Dec 21 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
$438 / 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
$42,737
Tax year 2024
Assessed value
$3,745,440
Assessed 2024
Previous assessed
$3,745,440
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,664,640
Assessed improvement
$2,080,800
Applied tax rate
16.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
7,610 SF
Lot
0.37 ac (16,204 SF)
Zoning code
PN
APN
199-350-039-4
UPID
US09-2967409
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
PN · Danville, CA
Zoning PN · permitted uses
PN · Danville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1977
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Free & Clear · 4 yrs held
Mailing address
114 S SUNNYVALE AVE, SUNNYVALE, CA 94086-6249
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2021
—
First Republic Bank
115 Railroad LLC
Assignment Of Lease (leasehold Sale)
—
Dec 21, 2021
$3,600,000
115 Railroad LLC
Anne Schade Blake
Grant Deed
$1,800,000 · First Republic Bank
Jun 17, 2015
—
Anne S Blake
Blake Thomas S
Affidavit Of Death
related
—
Sep 10, 2008
—
Linda Rocque-hill
Rocque,donald C
Affidavit Of Death
related
—
Jul 31, 2008
—
Blake Thomas & Anne Trust
Blake,thomas S & Anne S
Quit Claim Deed
related
—
Aug 28, 1990
$1,048,500
Thomas Blake
Rocque,d.&l.
Grant Deed
$775,000 · Individual
Dec 5, 1977
—
—
—
Grant Deed
related
—
—
—
Blake Thomas & Anne Trust
—
Deed Of Trust
related
$475,000 · Toland Blake & W Family Trust
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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