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Property profile & analytics
FOR LEASE
Retail space
2368 Pacheco Blvd Martinez, CA 94553
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2191425
For Lease
$550,000
2368 Pacheco Blvd, Martinez, CA 94553
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
WOOD FRAME
Total area
3,100 SF
Lot
0.26 ac (11,193 SF)
Zoning code
R-B
APN
375-011-003-7
UPID
US10-2191425
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$550k
Owner & transaction history
2368 Pacheco LLC · 1 yrs held
2368 Pacheco LLC
since 2024
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
R-B · Martinez, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$820,000
+31.2%
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
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$625,000
Current use
AUTO REPAIR, GARAGE
$820,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Sep 19 2024)
Last sale anchor
$550k
Sep 19 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
$177 / 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
$7,947
Tax year 2024
Assessed value
$583,664
Assessed 2024
Previous assessed
$583,664
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$265,302
Assessed improvement
$318,362
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1930
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
3,100 SF
Lot
0.26 ac (11,193 SF)
Zoning code
R-B
APN
375-011-003-7
UPID
US10-2191425
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$820,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1930
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
2368 Pacheco LLC
Entity
Free & Clear · 1 yrs held
Mailing address
11150 SEPULVEDA BLVD #170, MISSION HILLS, CA 91345-1126
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2024
—
2368 Pacheco LLC
John Akhoian
Quit Claim Deed
related
—
Nov 16, 2021
—
Tamtam Holdings LLC
John Akhoian
Quit Claim Deed
related
—
Aug 11, 2020
—
John Akhoian
Tamar K Akhoian
Quit Claim Deed
related
—
Aug 11, 2020
$550,000
John Akhoian
Paul E Herbst
Grant Deed
$468,000 · Us Metro Bank
Mar 18, 2014
$276,500
Paul E Herbst
Tax Collector Of Contra Costa Cou
Tax Deed
related
—
Mar 23, 2007
$405,000
Daytons Bar & Grill LLC
Scott Stewart
Grant Deed
$482,000 · Wells Fargo Bank NA
Mar 22, 2005
—
Scott Stewart
Stetler,ray
Grant Deed
$283,000 · Sonoma National Bank
Nov 8, 1996
—
Ray Stetler
Stetler,diane
Quit Claim Deed
related
$135,000 · Individual
Apr 29, 1988
$125,000
Ray Stetler
Ribol
Grant Deed
$123,000 · Individual
Feb 10, 1978
—
Owner Name Unavailable
—
Grant Deed
related
—
Jan 25, 1971
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Ray Stetler
—
Deed Of Trust
related
$30,000 · Union Bank Of California
—
—
Ray Stetler
—
Deed Of Trust
related
$10,000 · Individual
—
—
Daytons Bar & Grill LLC
—
Deed Of Trust
related
$474,641 · Ray Stetler
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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