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Property profile & analytics
OFF-MARKET
Estimated value
$1,920,000
Turn key restaurants
261 Lafayette Cir, Lafayette, CA 94549-4316
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0399121
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Construction
WOOD FRAME
Total area
1,690 SF
Lot
0.13 ac (5,450 SF)
Zoning code
SR
APN
243-120-003-5
UPID
US09-0399121
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
-
Kiku Sushi & Vegetarian Restaurant
-
Erin Kelly, Vanguard Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.92M
Owner & transaction history
Kiku Properties LLC · 4 yrs held
Kiku Properties LLC
since 2021
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
SR · Lafayette, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+111.6%
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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
$1,840,000
ML approach
$2,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,565,000
Change: +112% · Conversion: Difficult
Blend value · Realmo final
$1.92M
Range $1.73M – $2.11M · ±10% · vs last sale $1.90M (Oct 5 2021)
Last sale anchor
$1.90M
Oct 5 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
$1,136 / 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
$20,163
Tax year 2024
Assessed value
$1,560,600
Assessed 2024
Previous assessed
$1,560,600
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$832,320
Assessed improvement
$728,280
Applied tax rate
14.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Units
1
Rooms
1
Total area
1,690 SF
Lot
0.13 ac (5,450 SF)
Zoning code
SR
APN
243-120-003-5
UPID
US09-0399121
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
SR · Lafayette, CA
Zoning SR · permitted uses
SR · Lafayette, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
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
1940
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Kiku Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5 KENDALL CIR, MORAGA, CA 94556-1591
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2021
—
Kiku Properties LLC
Kiku Sushi LLC
Intrafamily Transfer
related
—
Aug 29, 2017
$1,900,000
Kiku Sushi LLC
East Meets West Productions Ll
Grant Deed
$1,330,000 · Rubicon Mortgage Fund LLC
May 5, 2014
$775,000
East Meets West Productions LLC
John P Brondello
Grant Deed
$495,000 · Bay Commercial Bank
Apr 12, 2007
—
Brondello J P & M L 1990 Trust
Brondello Aldo & M Trust
Quit Claim Deed
related
—
Sep 8, 1999
—
Richard M Campbell
Campbell,josephine
Quit Claim Deed
related
—
Aug 20, 1999
—
Mitch Jenkins
Golden Bear Of Lafayette Gp
Grant Deed
related
—
Nov 26, 1985
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Brondello Trust
—
Deed Of Trust
related
$66,045 · Individual
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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