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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
2340 Pacheco Blvd Martinez, CA 94553-2038
Trust Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2692655
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1931
Total area
4,064 SF
Lot
0.15 ac (6,650 SF)
Zoning code
R-B
APN
375-011-001-1
UPID
US10-2692655
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$670k
Owner & transaction history
Thompson,barry Trust · 8 yrs held
Thompson,barry Trust
since 2018
7 recorded transactions
Zoning & alternative use
R-B · Martinez, CA
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 Martinez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martinez 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10%
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
$165 / 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
$5,865
Tax year 2024
Assessed value
$414,360
Assessed 2024
Previous assessed
$414,360
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$120,537
Assessed improvement
$293,823
Applied tax rate
76.0000
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
1931
Heating
NONE
Stories
1
Total area
4,064 SF
Lot
0.15 ac (6,650 SF)
Zoning code
R-B
APN
375-011-001-1
UPID
US10-2692655
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
R-B · Martinez, CA
Zoning R-B · permitted uses
R-B · Martinez, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Martinez. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Thompson,barry Trust
Trust
Free & Clear · 8 yrs held
Mailing address
231 LINDSEY DR, MARTINEZ, CA 94553-5735
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Mar 21, 2018
—
Thompson,barry Trust
Thompson Family Trust
Quit Claim Deed
related
—
Sep 18, 2001
—
Thompson Trust
Thompson,barry & Hylie
Quit Claim Deed
related
—
Jun 27, 2000
$275,000
Barry Thompson
Piscitelli,joseph A & Linda A
Grant Deed
$137,500 · Scott Valley Bank
Mar 10, 2000
$165,000
Joseph A Piscitelli
Lippow Development Co
Grant Deed
$127,500 · Max-y Co
Jun 12, 1975
$21,000
Lippow Development Co
—
Grant Deed
related
—
Sep 11, 1970
—
—
—
Grant Deed
related
—
—
—
Thompson Family Trust
—
Deed Of Trust
related
—
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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