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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Medical Office Space
2677 Old 1st St, Livermore, CA 94550-2002
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-8186300
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Construction
TILT-UP CONCRETE
Total area
2,000 SF
Lot
0.34 ac (14,994 SF)
APN
98-275-7-3
UPID
US09-8186300
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
-
Granada Dental Dental Office
-
Candid Studio (Bike/Boat/Book/etc) Store Cosmetic Store
-
Reza Nazari Dental Office
-
Granada Dental: Reza Nazari, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
$525k
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$515k
Owner & transaction history
Nazari-aliabadi 2013 Trust · 12 yrs held
Nazari-aliabadi 2013 Trust
since 2014
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$850,000
+7.5%
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 Livermore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livermore 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
$370,000
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$525,000
7%
$490,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$790,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$850,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$680,000
Change: -14% · Conversion: Easy
AUTO REPAIR, GARAGE
$645,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$258 / 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
$18,710
Tax year 2023
Assessed value
$1,612,991
Assessed 2024
Previous assessed
$1,581,369
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$901,335
Assessed improvement
$711,656
Applied tax rate
16.0000
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
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
2,000 SF
Lot
0.34 ac (14,994 SF)
APN
98-275-7-3
UPID
US09-8186300
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$790,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$850,000
OFFICE BUILDING
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$645,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Nazari-aliabadi 2013 Trust
Trust
Mailing address
933 LAGUNA CRK LN, PLEASANTON, CA 94566-3444
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2016
—
Nazari-aliabadi Family Trust 2013
—
Deed
related
$1,014,603 · Bank Of America
Jun 19, 2014
$950,000
Nazari-aliabadi 2013 Trust
Warford,james & Jane
Grant Deed
$1,074,000 · Capital Sources
—
—
James Warford
—
Deed Of Trust
related
$675,330 · Valley Community Bank
—
—
Nazari-aliabadi 2013 Trust
—
Loan Modification
related
$1,035,200 · Capitalsource
—
—
Nazari-aliabadi Family Trust 2013
—
Deed Of Trust
related
$1,014,603 · Bank Of America
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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