Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    403 Jct Ave, Unit 117 Livermore, CA 94551-5949

    • Industrial land
    • 0.01 lot acres
    OFF-MARKET
    Last Sale
    Nov 19, 2021
    $5,900,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6538025
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tradewinds Apartments / Apartment Building / Apartment Complex
    • VB Property Management / Property Management Company

    Property Details for 403 Jct Ave

    Lot size
    0.01 lot acres
    Property type
    Industrial land
    APN
    77B-1222-6-17
    APU
    77B1222617

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Livermore
    County
    Alameda
    State
    California
    Longitude
    -122.145
    Latitude
    37.707
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $478
    $31,212
    $0.00
    $31,212
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      8.81 Acres

      2061 Collier Cyn Rd

      INDUSTRIAL - VACANT LAND • 8.81 Acres
      2061 Collier Cyn Rd, Livermore, CA 94551-9733
      View Details
    • Value Estimation by Request
      2.81 Acres

      2620 Collier Cyn Rd

      INDUSTRIAL - VACANT LAND • 2.81 Acres
      2620 Collier Cyn Rd, Livermore, CA 94551
      View Details
    • Value Estimation by Request
      0.46 Acres

      4386 Contractors Cmn

      INDUSTRIAL - VACANT LAND • 0.46 Acres
      4386 Contractors Cmn, Livermore, CA 94551-7544
      View Details
    • Value Estimation by Request
      2.46 Acres

      45 Contractors St

      INDUSTRIAL - VACANT LAND • 2.46 Acres
      45 Contractors St, Livermore, CA 94551
      View Details
    • Value Estimation by Request
      0.61 Acres

      457 Waxlax Way

      INDUSTRIAL - VACANT LAND • 0.61 Acres
      457 Waxlax Way, Livermore, CA 94551-8213
      View Details
    • Value Estimation by Request
      2.50 Acres

      450 Discovery Dr

      INDUSTRIAL - VACANT LAND • 2.50 Acres
      450 Discovery Dr, Livermore, CA 94551-9535
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Tri Valley Business Park Parcels

      Parcels in business park, development ready with utilities.
      2401 Constitution Dr, Livermore, CA 94551
      View Details
    • $990,000
      1.40 Acres

      Livermore Commercial Land

      1.4 Acres, Prime Location, High Traffic
      0 Hilliker Pl, Livermore, CA 94551
      View Details
    • $9,000,000

      Commercial Land in Livermore, CA

      4.11 acres of commercial land for sale.
      Northfront Rd, Livermore, CA 94551
      View Details
    • Contact for pricing

      Commercial Land in Business Park

      Parcels in Tri Valley Business Campus, development ready.
      2421 Constitution Dr, Livermore, CA 94551
      View Details
    • $3,500,000

      Commercial Land with I-580 Visibility

      2.63 acres of commercial land with high traffic visibility.
      5945 Southfront Rd, Livermore, CA 94551
      View Details
    • $990,000

      Commercial Land Ready For Development

      1.4 acres of commercial land with approved general plan.
      1300 Hilliker Pl, Livermore, CA 94551
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      43,560 SF

      Livermore Commercial Land Lease

      Prime 1-acre parcel, ideal commercial development.
      5905 Northfront Rd Livermore, CA 94551, Livermore, CA 94551
      View Details
    • Contact for pricing

      Commercial Land in Business Park

      Parcels in business park, development ready with utilities.
      2401-2421 Constitution Dr, Livermore, CA 94551
      View Details
    • Contact for pricing

      I-580 Frontage Development Site

      1.21 acre commercial land for ground lease near I-580.
      Airway Blvd, Livermore, CA 94551
      View Details
    • Contact for pricing

      Freeway Frontage Land for Lease

      Land available for ground lease with freeway frontage.
      2476-2498 Kitty Hawk Rd, Livermore, CA 94551
      View Details
    • $15,000 /Mo

      Paved Yard for Lease

      Paved yard available for lease in Livermore, California.
      454 Lindbergh Ave, Livermore, CA 94551
      View Details
    • $18 SF/Yr
      73,314 SF

      Alder Creek Business Center: Livermore, CA

      Flex/Warehouse Space Available: Livermore, CA
      2021 Las Positas Ct, Livermore, CA 94551
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    403 Jct Ave, Unit 117
    Livermore, CA 94551-5949
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.