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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Office buildings
2980 Railroad Ave Pittsburg, CA 94565-5232
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US09-4892631
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
6,912 SF
Lot
0.2 ac (8,929 SF)
APN
087-061-040-9
UPID
US09-4892631
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
$2.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
Rehabilitation & Employment Service · 17 yrs held
Rehabilitation & Employment Service
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+5.7%
Commercial (general)
$2.4M
+1.3%
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 Pittsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsburg 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%
$2,220,000
6.5%
$2,050,000
7%
$1,905,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,375,000
Current use
MEDICAL BUILDING
$2,510,000
Change: +6% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,405,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±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
$218 / 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
$3,378
Tax year 2024
Assessed value
$1,027,224
Assessed 2024
Previous assessed
$1,027,224
+0.0% YoY
Effective rate
0.33%
On assessed value
Assessed land
$138,869
Assessed improvement
$888,355
Applied tax rate
7.0000
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
1980
Heating
NONE
Stories
1
Units
5
Rooms
5
Total area
6,912 SF
Lot
0.2 ac (8,929 SF)
APN
087-061-040-9
UPID
US09-4892631
Jurisdiction
CONTRA COSTA
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
OFFICE BUILDING Current
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.4M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1980
Heating
NONE
Stories
1
Units
5
Rooms
5
Lot
0.2 ac
Current owner
From public records · entity-resolved
Rehabilitation & Employment Service
Individual
Mailing address
704 MAIN ST, MARTINEZ, CA 94553-1131
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2020
—
Rehabilitation & Employment Sv
—
Deed
related
$782,035 · Heritage Bk/commerce
Nov 14, 2018
—
Rehabilitation & Employment Sv
—
Deed
related
—
Aug 25, 2008
$925,000
Rehabilitation & Employment Service
Jill O'hara
Grant Deed
$1,106,250 · Heritage Bank Of Commerce
Jan 18, 2008
$825,937
Ohara Jill Tr
Benjamin-ryan Financial INC
Trustees Deed
related
—
Feb 1, 2006
$1,150,000
Teresita N Delrosario
Love Christian Fellowship Worl
Grant Deed
$189,759 · Big Brother Bail Bonds
May 6, 1991
$379,000
Zinigan Land Com
Bank Of Stockton
Grant Deed
$951,000 · Bank Of Stockton
Jan 11, 1985
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Aug 3, 1972
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
A. Affinito
—
Deed Of Trust
related
$215,000 · Bank Of Stockton
—
—
Rehabilitation & Employment Sv
—
Loan Modification
related
—
—
—
Christian Fellowship Worl Love
—
Deed Of Trust
related
$670,000 · Valley Emergency Medical Group
—
—
Rehabilitation & Employment Sv
—
Loan Modification
related
$782,035 · Heritage Bk/commerce
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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