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Property profile & analytics
FOR LEASE
Office buildings
2340 Santa Rita Rd Pleasanton, CA 94566
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-7873682
For Lease
Contact for pricing
2340 Santa Rita Rd, Pleasanton, CA 94566
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
WOOD
Total area
12,806 SF
Lot
1 ac (43,560 SF)
APN
946-4550-21
UPID
US09-7873682
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
-
Jill Cash - State Farm Insurance Agent Insurance Agency
-
Inspire Academy of Music and Arts Vocational School Training Center
-
Seishindo Acupuncture Medical Clinic Alternative Medicine Practice
-
Spinal Health Chiropractic Alternative Medicine Practice
-
Forever Young Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.72M
Owner & transaction history
Lreh California LLC · 5 yrs held
Lreh California LLC
since 2020
Last sale
$1.7M
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
$1,725,000
ML approach
$1,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±10% · vs last sale $1.68M (Oct 8 2020)
Last sale anchor
$1.68M
Oct 8 2020
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
$134 / 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
$24,680
Tax year 2023
Assessed value
$2,103,782
Assessed 2024
Previous assessed
$2,062,544
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,042,471
Assessed improvement
$1,061,311
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
For Lease
Year built
1985
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
12,806 SF
Lot
1 ac (43,560 SF)
APN
946-4550-21
UPID
US09-7873682
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
1985
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Lreh California LLC
Entity
Mailing address
PO BOX 2910, LIVERMORE, CA 94551-2910
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2020
—
Lreh California LLC
Lstc California LLC
Correction Deed
related
—
Sep 29, 2010
$1,675,000
Lstc California LLC
Clemetson Family Trust
Grant Deed
—
Sep 29, 2010
—
Judith Clemetson
Lewy,winston B
Grant Deed
related
—
Sep 7, 2007
—
Judith Clemetson
Clemetson,douglas C
Quit Claim Deed
related
—
Oct 23, 2002
—
Clemetson,tr
Clemetson,donald T & Jeanette E
Quit Claim Deed
related
$800,000 · Westamerica Bank
Feb 25, 1994
$27,000
Donaldt Clemetson
Walsh,william E
Grant Deed
—
Jul 27, 1984
—
—
—
Grant Deed
related
—
—
—
Clemetson Donald T
—
Deed Of Trust
related
$875,000 · Bank Of America
—
—
Donald T Clemetson
—
Deed Of Trust
related
$550,000 · California Pacific Bank
—
—
Clemetson,tr
—
Deed Of Trust
related
$400,000 · California Pacific 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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