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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Office buildings
3196 Constitution Dr Livermore, CA 94551-7570
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-9563301
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
CONCRETE
Total area
4,800 SF
Lot
0.5 ac (21,623 SF)
APN
905-18-18
UPID
US09-9563301
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
-
First Class Signing Service Law Firm
-
First Class Recording Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.71M
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$1.78M
Owner & transaction history
Smw 104 Property Holdings LLC · 1 yrs held
Smw 104 Property Holdings LLC
since 2024
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+25.3%
Medical building
$1.9M
+16.6%
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 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
$1,655,000
ML approach
$1,705,000
CAP Approach
CAP Return
Estimation
6%
$1,725,000
6.5%
$1,590,000
7%
$1,480,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,630,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,040,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$1,900,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,545,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$1,360,000
Change: -16% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,345,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±10% · vs last sale $2.20M (Jun 27 2024)
Last sale anchor
$2.20M
Jun 27 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
$371 / 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
$23,039
Tax year 2023
Assessed value
$1,724,081
Assessed 2024
Previous assessed
$1,690,281
+2.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$750,533
Assessed improvement
$973,548
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
4,800 SF
Lot
0.5 ac (21,623 SF)
APN
905-18-18
UPID
US09-9563301
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
OFFICE BUILDING Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2008
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Smw 104 Property Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3196 CONSTITUTION DR, LIVERMORE, CA 94551-7570
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2024
$2,200,000
Smw 104 Property Holdings LLC
Eric Hill
Grant Deed
—
Dec 29, 2022
—
Eric Hill
—
Deed
related
$350,000 · The Mortgage Capital Development Corp
Jun 19, 2020
—
Erik Hill
—
Deed
related
$804,000 · City Nat'l Bk
Jun 12, 2020
$1,608,000
Eric Hill
Redwood Property Investors Ill LLC
Grant Deed
$804,000 · City National Bank
Jun 12, 2020
—
Eric Hill
Lisa M Northum
Quit Claim Deed
related
—
Aug 1, 2019
$18,500,000
Redwood Prop Invtrs III LLC
Montevina I Holdings LLC
Grant Deed
$13,964,000 · Housing Cap
May 30, 2018
$15,500,000
Montevina I Holdings LLC
Chicago Title Co|montevina Phase I LLC
Trustees Deed
related
—
—
—
Livermore Valley Charter Sch
—
Deed Of Trust
related
—
—
—
Livermore Valley Charter Sch
—
Deed Of Trust
related
—
—
—
Erik Hill
—
Deed Of Trust
related
$804,000 · City Nat'l Bk
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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