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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Office buildings
373 L St Livermore, CA 94551-8003
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-9073263
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1943
Construction
WOOD
Total area
2,648 SF
Lot
0.22 ac (9,571 SF)
APN
98-244-2-5
UPID
US09-9073263
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
-
Lewman Law APC Law Firm
-
JGPC Law Law Firm
-
East Bay Assisted Living Services Nursing Home Retirement Community
-
AuCare Home Health Care Service
-
TBL Tax Service Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$353k
Blend (final)
Blend
$580k
Owner & transaction history
John F Lewman · 4 yrs held
John F Lewman
since 2021
Last sale
$585,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$560,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$900,000
Current use
AUTO REPAIR, GARAGE
$855,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$750,000
Change: -16% · Conversion: Moderate
COMMERCIAL (GENERAL)
$740,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $585k (Aug 10 2021)
Last sale anchor
$585k
Aug 10 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
$219 / 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
$8,224
Tax year 2023
Assessed value
$690,082
Assessed 2024
Previous assessed
$676,554
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$272,731
Assessed improvement
$417,351
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
1943
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Rooms
4
Bathrooms
1
Total area
2,648 SF
Lot
0.22 ac (9,571 SF)
APN
98-244-2-5
UPID
US09-9073263
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
$900,000
AUTO REPAIR, GARAGE
Est. value
$855,000
RETAIL STORES
Est. value
$750,000
COMMERCIAL (GENERAL)
Est. value
$740,000
OFFICE BUILDING Current
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
1943
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Rooms
4
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
John F Lewman
Individual
Free & Clear · 4 yrs held
Mailing address
884 BONITA AVE, PLEASANTON, CA 94566-7510
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2021
—
John F Lewman
John Frederick Lewman
Intrafamily Transfer
related
—
Sep 15, 2015
$585,000
John Frederick Lewman
Navolutions INC
Grant Deed
$385,000 · Us Bank NA
May 5, 2015
$480,000
Navolutions INC
American National Red Cross
Grant Deed
—
Mar 1, 1987
—
American National Red Cross
Owner Name Unavailable
Grant Deed
related
—
May 5, 1969
—
American National Red Cross
—
Grant Deed
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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