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Property profile & analytics
OFF-MARKET
Estimated value
$3,870,000
Flex space
3589 Nevada St Pleasanton, CA 94566-6323
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-9063782
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2003
Construction
TILT-UP CONCRETE
Total area
16,120 SF
Lot
0.98 ac (42,655 SF)
APN
946-4542-34
UPID
US09-9063782
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
$4.07M
CAP Approach
CAP
$2.97M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$3.87M
Owner & transaction history
Apostle INC · 3 yrs held
Apostle INC
since 2023
Last sale
$4.8M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.4M
+48.6%
Auto repair, garage
$5.2M
+21.1%
Retail stores
$4.6M
+6.7%
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 Pleasanton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasanton 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
$3,920,000
ML approach
$4,070,000
CAP Approach
CAP Return
Estimation
6%
$3,215,000
6.5%
$2,970,000
7%
$2,755,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,290,000
Current use
MEDICAL BUILDING
$6,375,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,190,000
Change: +21% · Conversion: Easy
RETAIL STORES
$4,575,000
Change: +7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,515,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$3.87M
Range $3.48M – $4.26M · ±10% · vs last sale $4.84M (Jan 4 2023)
Last sale anchor
$4.84M
Jan 4 2023
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
$240 / 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
$61,014
Tax year 2024
Assessed value
$5,191,554
Assessed 2024
Previous assessed
$5,191,554
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,785,000
Assessed improvement
$3,406,554
Applied tax rate
19.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
3
Bathrooms
3
Total area
16,120 SF
Lot
0.98 ac (42,655 SF)
APN
946-4542-34
UPID
US09-9063782
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
INDUSTRIAL (GENERAL) Current
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$5.2M
RETAIL STORES
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.5M
INDUSTRIAL (GENERAL) Current
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
3
Bathrooms
3
Lot
0.98 ac
Current owner
From public records · entity-resolved
Apostle INC
Entity
Free & Clear · 3 yrs held
Mailing address
3589 NEVADA ST, PLEASANTON, CA 94566-6323
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jan 4, 2023
$4,839,000
Apostle INC
Leo Lam
Grant Deed
—
Sep 28, 2016
—
Lam Family Trust
Lam,leo
Quit Claim Deed
related
$945,000 · Bank Of The West
Oct 1, 2004
$2,900,000
Lee Lam
Aufdermaur Family
Grant Deed
$2,610,000 · Aufdermaur Family LP
Oct 1, 2004
$725,000
Aufdermaur Family
Aufdermaur F & A Trust
Grant Deed
related
—
Oct 1, 2004
—
Aufdermaur Frank & Alma Trust
Aufdermaur,alma M
Affidavit Of Death
related
—
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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