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Property profile & analytics
OFF-MARKET
Estimated value
$6,105,000
Bowling alleys
1620 Railroad Ave Livermore, CA 94550-3129
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8631345
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1960
Construction
TILT-UP CONCRETE
Total area
34,692 SF
Lot
2.86 ac (124,722 SF)
APN
98-290-1-11
UPID
US09-8631345
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
-
Bike Rack - Granada Bowl Bicycle Rack
-
Granada Bowl Bowling Alley
-
Pinz A Ria Restaurant Bar & Pub
-
Cardtronics ATM Atm
-
La Gorrita De La H Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.11M
Owner & transaction history
Vp Rpg Dublin LLC · 5 yrs held
Vp Rpg Dublin LLC
since 2021
Last sale
$6.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.6M
+106.0%
Commercial (general)
$5.3M
+95.0%
Office building
$4.7M
+70.7%
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 Livermore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livermore 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
$5,950,000
ML approach
$6,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,625,000
Change: +106% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,330,000
Change: +95% · Conversion: Difficult
OFFICE BUILDING
$4,665,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$4,455,000
Change: +63% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,320,000
Change: +58% · Conversion: Difficult
RESTAURANT
$3,905,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$6.11M
Range $5.49M – $6.72M · ±10% · vs last sale $6.20M (Mar 31 2021)
Last sale anchor
$6.20M
Mar 31 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
$176 / 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
$76,138
Tax year 2023
Assessed value
$6,579,440
Assessed 2024
Previous assessed
$6,450,480
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,289,720
Assessed improvement
$3,289,720
Applied tax rate
16.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
34,692 SF
Lot
2.86 ac (124,722 SF)
APN
98-290-1-11
UPID
US09-8631345
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
MEDICAL BUILDING
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.3M
OFFICE BUILDING
Est. value
$4.7M
RETAIL STORES
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$4.3M
RESTAURANT
Est. value
$3.9M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
RESTAURANT
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
2.86 ac
Current owner
From public records · entity-resolved
Vp Rpg Dublin LLC
Entity
Mailing address
940 EMMETT AVE STE #200, BELMONT, CA 94002-3864
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
—
Vp Rpg Dublin LLC
—
Deed
related
$4,706,000 · First Republic Bank
Mar 31, 2021
$6,200,000
Vp Rpg Dublin LLC
Granada Bowl INC
Grant Deed
—
Oct 25, 2010
—
Granada Bowl INC
Shapell Inds INC
Quit Claim Deed
related
—
Aug 18, 1992
—
Granada Bowl Corp
Granada Bowl INC
Quit Claim Deed
related
$150,000 · Bank Of Livermore
Nov 2, 1982
—
Granada Bowl INC
—
Grant Deed
related
$986,000
—
—
Granada Bowl INC
—
Deed Of Trust
related
$1,250,000 · Mount Diablo National Bank
—
—
Granada Bowl INC
—
Deed Of Trust
related
$1,300,000 · Merrill Lynch Business Finl Sv
—
—
Granado Bowl INC
—
Deed Of Trust
related
$1,217,700 · Community First Bank
—
—
Granada Bowl INC
—
Deed Of Trust
related
$515,000 · First Community Bank
Jul 22, 1968
—
City Of Livermore
Owner Name Unavailable
Grant Deed
related
—
Oct 20, 1967
—
City Of Livermore
—
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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