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Property profile & analytics
OFF-MARKET
Estimated value
$2,110,000
Office buildings
15942 Foothill Blvd San Leandro, CA 94578-2102
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8294640
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1946
Construction
WOOD
Total area
6,673 SF
Lot
0.66 ac (28,798 SF)
APN
80A-165-2-3
UPID
US09-8294640
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
-
Seneca Center Medical Clinic
-
Susie P. Vanbuskirk, BA Marriage Or Relationship Counselor
-
Foster Patrick R Counselor
-
George Christie C Counselor
-
Krummes Erin L Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.23M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$2.11M
Owner & transaction history
Pacbay Ventures INC · 4 yrs held
Pacbay Ventures INC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+63.2%
Neighborhood: shopping center
$2.8M
+37.8%
Medical building
$2.6M
+28.2%
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
$1,865,000
ML approach
$2,225,000
CAP Approach
CAP Return
Estimation
6%
$2,395,000
6.5%
$2,215,000
7%
$2,055,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,060,000
Current use
RESTAURANT
$3,360,000
Change: +63% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,835,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$2,640,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,205,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,020,000
Change: -2% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,660,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$2.11M
Range $1.90M – $2.32M · ±10% · vs last sale $1.98M (Sep 29 2021)
Last sale anchor
$1.98M
Sep 29 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
$316 / 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
$25,010
Tax year 2023
Assessed value
$2,059,992
Assessed 2024
Previous assessed
$2,019,600
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$1,019,592
Applied tax rate
80.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Total area
6,673 SF
Lot
0.66 ac (28,798 SF)
APN
80A-165-2-3
UPID
US09-8294640
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
OFFICE BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1946
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Pacbay Ventures INC
Entity
Mailing address
15942 FOOTHILL BLVD, SAN LEANDRO, CA 94578-2102
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
$1,980,000
Pacbay Ventures INC
Seneca Family Of Agencies
Grant Deed
$1,180,000 · Wells Fargo Bank NA
Apr 27, 2021
—
Seneca Family Of Agencies
—
Deed
related
$42,000,000 · California Infrastructure And Economic
Dec 15, 2016
—
Seneca Family Of Agencies
—
Deed
related
$16,997,358 · California Infrastructure & Ec
Dec 30, 2015
—
Seneca Family Of Agencies
Seneca Family Of Agencies
Intrafamily Transfer
related
$975,000 · Wells Fargo Bank NA
Mar 21, 1997
$471,000
Seneca Residential
Redwood Mortgage Investment
Grant Deed
$291,000 · Wells Fargo Bank
Dec 6, 1994
$400,000
Redwood Mortgage Investors IV
Obeid/starkweather INC
Trustees Deed
related
—
Feb 25, 1991
$260,000
Orchard Glen Kge
Obeid Starkweath
Grant Deed
related
—
—
—
Starkweath Obeid
—
Deed Of Trust
related
$450,000 · Individual
—
—
Seneca Family Of Agencies
—
Deed Of Trust
related
$16,997,358 · California Infrastructure & Ec
—
—
Starkweath Obeid
—
Deed Of Trust
related
$311,000 · Individual
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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