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Property profile & analytics
OFF-MARKET
Estimated value
$6,140,000
Super regional malls
40 Springstowne Ctr Vallejo, CA 94591-5566
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-0139354
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1982
Total area
39,606 SF
Lot
3.27 ac (142,441 SF)
APN
0071-061-520
UPID
US09-0139354
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
-
Just en joy Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.61M
Blend (final)
Blend
$6.14M
Owner & transaction history
2143 Springstowne LLC · 12 yrs held
2143 Springstowne LLC
since 2013
7 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 Vallejo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vallejo 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,205,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$6.14M
Range $5.53M – $6.75M · ±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
$155 / 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
$65,847
Tax year 2023
Assessed value
$5,105,583
Assessed 2023
Previous assessed
$5,105,583
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,557,906
Assessed improvement
$3,547,677
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
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1982
Heating
NONE
Stories
2
Total area
39,606 SF
Lot
3.27 ac (142,441 SF)
APN
0071-061-520
UPID
US09-0139354
Jurisdiction
SOLANO
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
Est. value
$9.2M
MEDICAL BUILDING
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
1982
Heating
NONE
Stories
2
Lot
3.27 ac
Current owner
From public records · entity-resolved
2143 Springstowne LLC
Entity
Mailing address
4804 MSN ST STE #222, SAN FRANCISCO, CA 94112-3425
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
—
2143 Springstowne LLC
—
Deed
related
$3,750,000 · Standard Insurance Co
Aug 1, 2013
—
2143 Springstowne LLC
Shihadeh,najeeb & Mary C
Quit Claim Deed
$5,500,000 · Symetra Life Insurance Co
Nov 4, 2010
—
Fresh & Easy Property Co LLC
Lerner,ilia & Stella
Quit Claim Deed
related
—
Nov 4, 2010
$5,000
Ilia Lerner
Shihadeh,najeeb & Mary C
Quit Claim Deed
related
—
Jul 26, 2006
—
Naseef Musleh
Owner Name Unavailable
Grant Deed
related
—
Nov 13, 2003
$3,695,000
Najeed Shihadeh
Vsf,ref Tr
Grant Deed
$2,250,000 · Washington Mutual Fsb
Mar 12, 2003
—
Faussner,tr
Exchange Support Services INC
Grant Deed
related
—
May 31, 2002
$1,647,500
Exchange Support Services INC
Csf/ref Trust
Grant Deed
—
Nov 16, 2001
—
Burton M Saft
Saft,carolyn
Quit Claim Deed
related
—
—
—
Najeeb Shihadeh
—
Deed Of Trust
related
$3,760,000 · Commercial Capital Bank Fsb
—
—
Vsf/ref,tr
—
Deed Of Trust
related
$1,000,000 · Washington Mutual Fsb
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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