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Property profile & analytics
OFF-MARKET
Estimated value
$3,165,000
Medical Office Space
2324 Santa Rita Rd Pleasanton, CA 94566-4152
Individually Owned
Free & Clear
Property ID
US09-7873685
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Construction
TILT-UP CONCRETE
Total area
22,600 SF
Lot
2.33 ac (101,495 SF)
APN
946-4550-20
UPID
US09-7873685
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
-
Tri valley medical center Medical Clinic
-
Stephen P. Merritt, DDS, FICOI, & Associates Dental Office
-
Pleasanton Smile Dental Dental Office
-
Dr. Sowjanya Srikantam, DDS Dental Office
-
Pleasanton Family Dentistry: Shahabi Sheila DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.17M
Owner & transaction history
E Allen Schlies
E Allen Schlies
since 2025
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$140 / 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
$40,275
Tax year 2023
Assessed value
$3,434,779
Assessed 2024
Previous assessed
$3,367,445
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,043,944
Assessed improvement
$2,390,835
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Bathrooms
14
Total area
22,600 SF
Lot
2.33 ac (101,495 SF)
APN
946-4550-20
UPID
US09-7873685
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
Building & site characteristics
From public records
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Bathrooms
14
Lot
2.33 ac
Current owner
From public records · entity-resolved
E Allen Schlies
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 485, ALAMO, CA 94507-0485
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
E Allen Schlies
Edward Allen Schlies
Deed
related
—
Mar 25, 2022
—
Tanya Schlies Fremaux
—
Deed
related
$1,250,000 · Westamerica Bank
Aug 31, 2016
—
Tierras Schlies LP
—
Deed
related
$250,000 · Westamerica Bk
Mar 19, 2015
—
Fremaux,tanya S Trust
Fremaux Michel
Quit Claim Deed
related
—
Feb 27, 2015
—
Fremaux,tanya S Trust
Fremaux Tanya S
Quit Claim Deed
related
—
Aug 31, 2011
—
Christopher P Schlies
Schlies Trust
Quit Claim Deed
related
—
Oct 7, 2005
$1,398,500
Tierras Schlies
Clemetson,donald T & Jeanette
Grant Deed
$1,750,000 · Westamerica Bank
Jun 25, 2004
—
Schilies,tr
Schilies,tr
Quit Claim Deed
related
—
Oct 4, 1996
—
Donald T Clemetson
Clemetson,donald T & Jeanette
Quit Claim Deed
related
$860,000 · Mount Diablo National Bank
May 5, 1994
—
Edward W Schlies
Schlies Trust
Quit Claim Deed
related
$800,000 · Scott Valley Bank
—
—
Tierras Schlies LP
—
Deed Of Trust
related
$250,000 · Westamerica Bk
—
—
Tierras Schlies LP
—
Deed Of Trust
related
$1,250,000 · Westamerica 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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