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Property profile & analytics
OFF-MARKET
Estimated value
$2,815,000
Medical Office Space
1686 2nd St Livermore, CA 94550-4328
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-9073007
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
WOOD
Total area
8,470 SF
Lot
0.34 ac (15,000 SF)
APN
97-9-6-1
UPID
US09-9073007
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
-
Legacy Real Estate & Associates Real Estate Agency
-
McCloud’s Tax Services Corporate Office
-
Shelley Puentes Realtor DRE#01395691 Real Estate Agency
-
Dan Flores Real Estate Agency
-
Denielle Bonasera, Realtor - CA DRE#02025847 Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.79M
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
$3.08M
Blend (final)
Blend
$2.82M
Owner & transaction history
Axis Community Health INC · 4 yrs held
Axis Community Health INC
since 2022
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+27.3%
Neighborhood: shopping center
$3.6M
+7.5%
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
$2,655,000
ML approach
$2,785,000
CAP Approach
CAP Return
Estimation
6%
$2,420,000
6.5%
$2,230,000
7%
$2,075,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,350,000
Current use
RESTAURANT
$4,265,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,600,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$2,870,000
Change: -14% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,730,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.82M
Range $2.53M – $3.10M · ±10% · vs last sale $3.07M (Jul 6 2022)
Last sale anchor
$3.07M
Jul 6 2022
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
$332 / 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
$35,875
Tax year 2023
Assessed value
$3,126,300
Assessed 2024
Previous assessed
$3,065,000
+2.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$765,000
Assessed improvement
$2,361,300
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Total area
8,470 SF
Lot
0.34 ac (15,000 SF)
APN
97-9-6-1
UPID
US09-9073007
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 Current
Est. value
$3.4M
RESTAURANT
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
OFFICE BUILDING
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.7M
MEDICAL BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1988
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Axis Community Health INC
Entity
Mailing address
5925 W LAS POSITAS BLVD STE #100, PLEASANTON, CA 94588-8537
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2022
$3,065,000
Axis Community Health INC
Paul G Martin
Grant Deed
—
Feb 9, 2022
—
Martin Land Co
Hayward Mission Properties LLC
Grant Deed
—
Apr 26, 2019
$588,500
Rescue Home Now LLC
Rothman 1988 Living Trust
Grant Deed
$730,000 · Lenamon R & K L/tr (rt)
Oct 24, 2013
$1,650,000
Hayward Mission Properties LLC
III Max Partners
Grant Deed
—
Aug 22, 2006
—
III Max Partners
III Max Partners
Quit Claim Deed
related
$2,207,619 · Valley Community Bank
Apr 9, 1999
$675,000
III Max Partners
Bennett,william B
Grant Deed
$337,500 · Union Bank Of California
—
—
III Max Partners
—
Deed Of Trust
related
$560,000 · California Pacific Bank
—
—
III Max Partners
—
Deed Of Trust
related
$600,000 · United Commercial Bank
—
—
Hayward Mission Properties LLC
—
Deed Of Trust
related
$1,237,500 · Heritage Bank Of Commerce
—
—
III Max Partners
—
Deed Of Trust
related
$743,000 · Union Bank Of California
—
—
Herman R.
—
Deed Of Trust
related
$57,000 · Individual
—
—
Avenue Central Project
—
Deed Of Trust
related
$648,000 · Calif General Pa
—
—
III Max Partners
—
Deed Of Trust
related
$2,600,000 · United Commercial Bank
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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