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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Medical Office Space
1387 Santa Rita Rd Pleasanton, CA 94566-5643
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-7827799
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
WOOD
Total area
6,573 SF
Lot
0.8 ac (34,731 SF)
APN
946-3367-21
UPID
US09-7827799
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
-
Eastbay Aesthetic Surgery Physician Medical Clinic
-
East Bay Plastic Surgery: Dr. Eric P. Bachelor Spa & Massage Center Alternative Medicine Practice
-
Ronald E. Iverson, MD. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
$867k
Blend (final)
Blend
$1.44M
Owner & transaction history
Bachelor,eric P & C M Trust · 12 yrs held
Bachelor,eric P & C M Trust
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,875,000
6.5%
$1,730,000
7%
$1,610,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,115,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±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
$219 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,899
Tax year 2023
Assessed value
$2,471,798
Assessed 2024
Previous assessed
$2,423,339
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$811,574
Assessed improvement
$1,660,224
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
6,573 SF
Lot
0.8 ac (34,731 SF)
APN
946-3367-21
UPID
US09-7827799
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
AUTO REPAIR, GARAGE
Est. value
$2.1M
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
1980
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Bachelor,eric P & C M Trust
Trust
Mailing address
120 DEER RDG PL, DANVILLE, CA 94506-6065
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2014
—
Bachelor,eric P & C M Trust
Bachelor,eric P
Quit Claim Deed
related
—
Jan 24, 2014
$288,000
The Eric P Bachelor & Christine M B
Ronald E Iverson
Grant Deed
$1,550,000 · Heritage Bank Of Commerce
Dec 15, 2004
—
Iverson R E & V L 2004 Trust
Iverson,ronald E
Quit Claim Deed
related
$2,500,000 · Diablo Valley Bank
Mar 29, 2000
—
Ronald E Iverson
Iverson,virginia M
Quit Claim Deed
related
—
Mar 29, 2000
$612,500
Iverson,ronald E
Iverson,ronald E
Trustees Deed
related
$1,700,000 · Mt Diablo National Bank
Nov 30, 1983
$179,500
Ronald E|bachelor Eric P Iverson
Iverson,loeffler And
Grant Deed
related
$89,000
Nov 1, 1979
—
—
—
Grant Deed
related
—
—
—
Bachelor,e P & C M Trust
—
Loan Modification
related
$2,062,500 · Heritage Bk/commerce
—
—
Bachelor,e P & C M Trust
—
Loan Modification
related
$287,900 · Iverson R E & V L 2004 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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