Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    122 Neal St Pleasanton, CA 94566-6634

    • Turn key restaurants
    • 7,099 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7883366
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pleasanton North Rotary Club / Volunteer Organization / Charitable Organization
    • Hap's Original Steaks & Seafood / Restaurant
    • Intrepid Fire Protection Pleasanton / General Contractor / Security Service
    • Pleasanton Peptide Therapy Center / Medical Clinic

    Property Details for 122 Neal St

    Year built
    1929
    Construction
    TILT-UP CONCRETE
    Lot size
    0.20 lot acres
    Property size
    7,099 SF
    Property type
    Turn key restaurants
    APN
    94-103-9
    APU
    941039

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Alameda
    State
    California
    Longitude
    -121.875
    Latitude
    37.66
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,302
    $307,378
    $1,516,401
    $1,823,779
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $590,000
      4,833 SF

      3001 Bernal Ave

      RESTAURANT • 4,833 SF
      3001 Bernal Ave, Pleasanton, CA 94566-6992
      View Details
    • Value Estimation by Request
      2,479 SF

      1803 Santa Rita Rd

      RESTAURANT • 2,479 SF
      1803 Santa Rita Rd, Pleasanton, CA 94566-4725
      View Details
    • Value Estimation by Request
      2,000 SF

      4295 Vly Ave

      RESTAURANT • 2,000 SF
      4295 Vly Ave, Pleasanton, CA 94566-5542
      View Details
    • Value Estimation by Request
      4,314 SF

      625 Main St

      RESTAURANT • 4,314 SF
      625 Main St, Pleasanton, CA 94566-6603
      View Details
    • Value Estimation by Request
      3,120 SF

      30 Angela St

      RESTAURANT • 3,120 SF
      30 Angela St, Pleasanton, CA 94566-7329
      View Details
    • Value Estimation by Request
      4,735 SF

      405 Main St

      RESTAURANT • 4,735 SF
      405 Main St, Pleasanton, CA 94566-7326
      View Details

    Similar Nearby for Sale

    • $295,000

      Historic Restaurant Business Opportunity

      Established fast food restaurant for sale in Pleasanton, California.
      4223 1St St, Pleasanton, CA 94566
      View Details
    • $700,000
      1,798 SF

      Pleasanton Office Condo For Sale

      Two-story, 1,798 square foot Pleasanton office condo for sale.
      Boulder Ct, Pleasanton, CA 94566
      View Details
    • $2,000,000
      46.31 Acres

      Pleasanton Land with Panoramic Views

      46.31 acres of land with views near Pleasanton Ridge.
      8272 Sassafras Ct, Pleasanton, CA 94566
      View Details
    • $189,000
      Pending

      Vineyard Land For Sale

      Commercial land available in Pleasanton, CA.
      3263 Vineyard 132, Pleasanton, CA 94566
      View Details
    • $2,695,000

      Commercial Land in Pleasanton

      1.17 acres of commercial-zoned land with multiple development possibilities.
      3595 Utah St, Pleasanton, CA 94566
      View Details
    • $2,695,000

      Prime Commercial Land in Pleasanton

      Last undeveloped parcel in established Pleasanton commercial district.
      3595 Utah St, Pleasanton, CA 94566
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,211 SF

      Retail Space in Pleasanton Center

      Retail and restaurant spaces available in Pleasanton shopping center.
      5480 Sunol Blvd, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Retail Space in Pleasanton Center

      Retail and restaurant spaces available in established Pleasanton shopping center.
      5410-5480 Sunol Blvd, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Retail or Restaurant Space Available

      Retail or restaurant space for rent on Main Street.
      511 Main St, Pleasanton, CA 94566
      View Details
    • Contact for pricing
      7,471 SF

      Commercial Kitchen Space Available

      7,471 SF commercial kitchen space for lease.
      6900 Koll Center Pkwy, Pleasanton, CA 94566
      View Details
    • Contact for pricing

      Pleasanton Neighborhood Shopping Center Space

      Retail spaces available in established Pleasanton shopping center near I-680.
      6654 Koll Center Pkwy, Pleasanton, CA 94566
      View Details
    • Contact for pricing
      38,802 SF

      Pleasanton Retail Center Investment

      Prime retail space, 5 suites available
      6654 Koll Center Pkwy, Pleasanton, CA 94566
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    122 Neal St
    Pleasanton, CA 94566-6634
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!