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Property profile & analytics
OFF-MARKET
Estimated value
$1,940,000
Office buildings
231 Old Bernal Ave Pleasanton, CA 94566-7015
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8533398
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
TILT-UP CONCRETE
Total area
6,160 SF
Lot
0.49 ac (21,384 SF)
APN
94-156-21
UPID
US09-8533398
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
-
Gimanelli's Catering Take-out & Catering Catering Service
-
David N. Day, Ph.D. Physician Medical Clinic
-
Ritchie Dennis Family Counselor
-
Daming Mabel Mou Family Counselor Counselor
-
Amir V. Adibi: Bay Area Patent Attorney, Trademark Law, & Patent Infringement Litigation Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.05M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.94M
Owner & transaction history
Kampala 780 LLC · 1 yrs held
Kampala 780 LLC
since 2024
Last sale
$2.2M
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,215,000
6.5%
$2,045,000
7%
$1,895,000
Alternative Use
Use
Estimation
RESTAURANT
$3,100,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,615,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10% · vs last sale $2.15M (Sep 23 2024)
Last sale anchor
$2.15M
Sep 23 2024
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
$315 / 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
$28,544
Tax year 2023
Assessed value
$2,446,291
Assessed 2024
Previous assessed
$2,398,325
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$853,357
Assessed improvement
$1,592,934
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
6,160 SF
Lot
0.49 ac (21,384 SF)
APN
94-156-21
UPID
US09-8533398
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
RESTAURANT
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Kampala 780 LLC
Entity
Mailing address
4071 WALNUT DR, PLEASANTON, CA 94566-6627
Ownership since
2024
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
Dec 23, 2024
$2,150,000
Kampala 780 LLC
Old Bernal LLC
Grant Deed
$2,150,000 · Zero Capital LLC
May 28, 2020
—
Old Bernal LLC
—
Deed
related
$950,000 · First Republic Bank
Jun 26, 2018
—
Old Bernal LLC
Pepper J M Separate Pr Trust
Grant Deed
—
Jun 23, 2017
$2,150,000
Pepper,jacqueline M Trust
Willow Ridge II LLC
Grant Deed
$1,000,000 · Willow Ridge II LLC
Nov 1, 2005
—
Willow Ridge II LLC
Dunkley Holdings
Grant Deed
—
Oct 1, 2004
—
Holdings Dunkley
Mize,ronald W & Sandra M
Grant Deed
related
—
Feb 17, 2004
—
Holdings Dunkley
Pumilia,tr
Grant Deed
related
—
—
—
Willow Ridge II LLC
—
Deed Of Trust
related
$750,000 · Fremont Bank
—
—
Ronald W Mize
—
Deed Of Trust
related
$66,250 · Dunkley Holdings
—
—
Ronald W Mize
—
Deed Of Trust
related
$103,750 · Dunkley Holdings
—
—
Holdings Dunkley
—
Deed Of Trust
related
$700,000 · Hansen Trust
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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