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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Office buildings
12411 San Pablo Ave Richmond, CA 94805-1954
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0180649
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Total area
4,670 SF
Lot
0.59 ac (25,512 SF)
APN
518-380-025-8
UPID
US09-0180649
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
-
El Jardín de los Sueños Cafe Restaurant
-
Solinsure Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$668k
Blend (final)
Blend
$805k
Owner & transaction history
Community Fund 2 LLC · 11 yrs held
Community Fund 2 LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+14.3%
Auto repair, garage
$1.2M
+4.4%
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,030,000
6.5%
$950,000
7%
$880,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,155,000
Current use
COMMERCIAL (GENERAL)
$1,320,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,205,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±10%
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
$172 / 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
$10,538
Tax year 2024
Assessed value
$618,932
Assessed 2024
Previous assessed
$618,932
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$300,452
Assessed improvement
$318,480
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1966
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
4,670 SF
Lot
0.59 ac (25,512 SF)
APN
518-380-025-8
UPID
US09-0180649
Jurisdiction
CONTRA COSTA
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
OFFICE BUILDING Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1966
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Community Fund 2 LLC
Entity
Mailing address
1032 E 14TH ST, SAN LEANDRO, CA 94577-3731
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Aug 21, 2014
—
Community Fund 2 LLC
Community Fund LLC
Grant Deed
$66,000 · California Republic Bank
Nov 21, 2013
$515,000
Community Fund LLC
Wells Fargo Bank National Associati
Grant Deed
$255,000 · Lone Oak Fund LLC
Jul 11, 2013
$407,000
Fargo Bk NA Wells
Wt Capital Lender Services
Trustees Deed
related
—
Jul 8, 2013
$407,000
Fargo Bk NA Wells
Wt Capital Lender Svcs
Trustees Deed
related
—
Nov 1, 2005
$1,165,000
Raymond D Smith
White Family Trust
Grant Deed
$757,000 · Golden Gate Bank
Jul 14, 2004
—
White,tr
White,john L & Virginia F
Quit Claim Deed
related
—
Sep 27, 2000
—
John L White
—
Deed Of Trust
related
$2,310,000 · First Northern Bank Of Dixon
—
—
John L White
—
Deed Of Trust
related
$228,000 · Bank Of California
—
—
John L White
—
Deed Of Trust
related
$345,000 · First Northern Bank Of Dixon
—
—
Raymond D Smith
—
Deed Of Trust
related
$117,000 · Alan Lunemann
Mar 9, 1965
—
John L White
—
Grant 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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