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    1931 1St St Livermore, CA 94550
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    Property profile & analytics

    1931 1St St Livermore, CA 94550

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    • Auto shops
    • 4,230 SF
    • 0.22 lot acres
    For Sale
    $3,400,000
    View Listing →
    Downtown Livermore Commercial Automotive Building For Sale
    $3,400,000
    4,230 SF

    Downtown Livermore Commercial Automotive Building

    Freestanding building in Downtown Livermore with redevelopment potential.

    1931 1St St, Livermore, CA 94550
    View Listing
    Property ID
    US09-8631019
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ryan's Automotive Services / Auto Repair Shop

    Property Details for 1931 1St St

    Year built
    1948
    Construction
    TILT-UP CONCRETE
    Lot size
    0.22 lot acres
    Property size
    4,230 SF
    Property type
    Auto shops
    APN
    97-12-1-2
    APU
    971212

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,273,000
      Market price range: $507k - $2.27M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,360,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,795,000
      Change: +32% Conversion: Difficult
      MEDICAL BUILDING
      $1,670,000
      Change: +23% Conversion: Difficult
      OFFICE BUILDING
      $1,435,000
      Change: +5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Livermore
    County
    Alameda
    State
    California
    Longitude
    -121.772
    Latitude
    37.6804
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,165
    $647,700
    $1,494,300
    $2,142,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
      1,595 SF

      1737 1st St

      AUTO REPAIR, GARAGE • 1,595 SF
      1737 1st St, Livermore, CA 94550-4304
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    • Value Estimation by Request
      4,845 SF

      2341 3rd St

      AUTO REPAIR, GARAGE • 4,845 SF
      2341 3rd St, Livermore, CA 94550
      View Details
    • Value Estimation by Request
      4,130 SF

      2240 Railroad Ave

      AUTO REPAIR, GARAGE • 4,130 SF
      2240 Railroad Ave, Livermore, CA 94550-3123
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    • Value Estimation by Request
      0.58 Acres

      Portola Ave

      AUTO REPAIR, GARAGE • 0.58 Acres
      Portola Ave, Livermore, CA 94550
      View Details
    • Value Estimation
      $1,360,000
      16,857 SF

      Las Positas Rd

      AUTO REPAIR, GARAGE • 16,857 SF
      Las Positas Rd, Livermore, CA 94550
      View Details

    Similar Nearby for Sale

    • $3,400,000
      4,230 SF

      Downtown Livermore Commercial Automotive Building

      Freestanding building in Downtown Livermore with redevelopment potential.
      1931 1St St, Livermore, CA 94550
      View Details
    • $2,700,000

      Livermore Automotive Property For Sale

      Versatile automotive property with income and redevelopment potential.
      2653 Old 1St St, Livermore, CA 94550
      View Details
    • $3,400,000

      Downtown Livermore Commercial Automotive Building

      Freestanding building in downtown Livermore with redevelopment potential.
      1931 1St St, Livermore, CA 94550
      View Details
    • $1,683,600
      2,806 SF

      Retail, Medical, or Office Condo

      Condo available for retail, medical, or office use.
      1330-1350 Concannon Blvd, Livermore, CA 94550
      View Details
    • Contact for pricing
      859 SF

      South Livermore Retail/Office/Medical Space

      Creative medical, office, and retail space in South Livermore.
      1510-1522 Holmes St, Livermore, CA 94550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,600 SF

      Retail Space in Livermore Center

      Retail space available in a shopping center anchored by Trader Joe's.
      1002-1122 E Stanley Blvd, Livermore, CA 94550
      View Details
    • Contact for pricing
      3,196 SF

      Restaurant Space with Outdoor Seating

      Restaurant spaces available with outdoor patio and balcony.
      2491-2495 1St St, Livermore, CA 94550
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      734 SF

      Downtown Livermore Retail Space Available

      Affordable retail space in the heart of downtown Livermore.
      2222 2Nd St, Livermore, CA 94550
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Livermore Center

      Retail space available in a Livermore shopping center.
      1332-1344 Railroad Ave, Livermore, CA 94550
      View Details

    Property Visit Statistics

    • Visits by month
      2.4k
    • Visitors by month
      1.9k
    • Avg Time on site
      121 min
    View Listing
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    Livermore, CA 94550
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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