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Property profile & analytics
OFF-MARKET
Estimated value
$2,655,000
Flex space
2313 Research Dr Livermore, CA 94550-3824
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7748101
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2003
Construction
TILT-UP CONCRETE
Total area
7,085 SF
Lot
0.82 ac (35,639 SF)
APN
99A-1500-45
UPID
US09-7748101
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
-
Clark Pest Control Garden Center
-
Clark EssentialClean Commercial Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$2.66M
Owner & transaction history
Nm Cpc LP · 5 yrs held
Nm Cpc LP
since 2021
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+127.7%
Neighborhood: shopping center
$3.0M
+92.2%
Medical building
$2.8M
+78.8%
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
$2,495,000
ML approach
$2,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,565,000
Change: +128% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,010,000
Change: +92% · Conversion: Difficult
MEDICAL BUILDING
$2,800,000
Change: +79% · Conversion: Difficult
OFFICE BUILDING
$2,405,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,280,000
Change: +46% · Conversion: Easy
RETAIL STORES
$2,010,000
Change: +28% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,985,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$2.66M
Range $2.39M – $2.92M · ±10% · vs last sale $2.79M (Mar 12 2021)
Last sale anchor
$2.79M
Mar 12 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
$375 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$20,059
Tax year 2024
Assessed value
$1,703,226
Assessed 2024
Previous assessed
$1,703,226
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$848,960
Assessed improvement
$854,266
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
7,085 SF
Lot
0.82 ac (35,639 SF)
APN
99A-1500-45
UPID
US09-7748101
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
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Nm Cpc LP
Entity
Mailing address
2170 PIEDMONT RD NE, ATLANTA, GA 30324-4135
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2021
—
Nm Cpc LP
—
Deed
related
$39,400,000 · Ubs Ag Tampa Branch
Mar 12, 2021
$2,787,000
Nm Cpc LP
Rci King INC
Grant Deed
—
May 3, 2019
$2,040,000
Rci-king INC
Clarksons California Prop
Grant Deed
—
Dec 30, 2016
—
Clarksons California Properties
—
Deed
related
$13,077,000 · Jpmorgan Chase Bank NA
Aug 13, 2001
$350,000
Clarkson California Properties
International Church Of Foursq
Grant Deed
—
Oct 30, 1998
$187,500
International Church Of The Fo
Beard,robert E & Kathleen A
Grant Deed
$148,350 · Aurora Loan Services INC
May 8, 1984
$105,000
—
—
Grant Deed
related
$63,000
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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