Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,960,000
Strip malls
148 Ray St Pleasanton, CA 94566-7273
Individually Owned
3-yr Hold
Free & Clear
Property ID
US09-8048366
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Construction
TILT-UP CONCRETE
Total area
12,310 SF
Lot
0.75 ac (32,670 SF)
APN
94-110-50
UPID
US09-8048366
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
-
Aila Aesthetics Alternative Medicine Practice Spa & Massage Center
-
Fused Attraction (Bike/Boat/Book/etc) Store
-
Spine & Sportcare Associates of Pleasanton Alternative Medicine Practice
-
Stone Salon SPA Hair Salon Nail Salon
-
Nine Two Five Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.96M
Owner & transaction history
Erika Torquemada · 3 yrs held
Erika Torquemada
since 2022
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$159 / 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
$42,723
Tax year 2023
Assessed value
$3,661,140
Assessed 2024
Previous assessed
$3,589,380
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,347,724
Assessed improvement
$2,313,416
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
12,310 SF
Lot
0.75 ac (32,670 SF)
APN
94-110-50
UPID
US09-8048366
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
Building & site characteristics
From public records
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Erika Torquemada
Individual
Free & Clear · 3 yrs held
Mailing address
3072 ALBURNI CT, PLEASANTON, CA 94566-6481
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
—
Erika Torquemada
200 Ray Street LLC
Grant Deed
—
Jun 15, 2021
$4,000,000
H Bruce Torquemada
Thelma E Koopmann
Grant Deed
—
Jun 15, 2021
—
H Bruce Torquemada
Erika Torquemada
Intrafamily Transfer
related
$2,755,000 · Robbert L Koopmann And Thelma E Koo
Feb 29, 2012
—
Koopmann Robert L & T E Trust
Koopmann R L & T E Trust
Quit Claim Deed
related
—
Dec 6, 2011
—
Koopman Robert L & T E Trust
Koopman,thelma E
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 148 Ray St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
