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Property profile & analytics
OFF-MARKET
Estimated value
$24,265,000
Manufacturing properties
4600 Norris Cyn Rd San Ramon, CA 94583-1320
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2783363
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Total area
97,123 SF
Lot
7.35 ac (320,166 SF)
Zoning code
CM
APN
213-131-007-6
UPID
US09-2783363
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
-
Valent U.S.A. LLC Specialty Food Shop Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.18M
Comparable Approach
Comparable
$25.77M
Blend (final)
Blend
$24.27M
Owner & transaction history
Dollinger San Ramon Assocs LP · 6 yrs held
Dollinger San Ramon Assocs LP
since 2020
Last sale
$23.0M
7 recorded transactions
Zoning & alternative use
CM · San Ramon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$35.3M
+104.9%
Commercial (general)
$33.8M
+96.4%
Office building
$33.4M
+93.9%
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 San Ramon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Ramon 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
$27,375,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,025,000
6.5%
$22,175,000
7%
$20,590,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$17,215,000
Current use
MEDICAL BUILDING
$35,275,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$33,805,000
Change: +96% · Conversion: Difficult
OFFICE BUILDING
$33,390,000
Change: +94% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$26,515,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$25,750,000
Change: +50% · Conversion: Easy
Blend value · Realmo final
$24.27M
Range $21.84M – $26.69M · ±10% · vs last sale $23.00M (Jun 25 2020)
Last sale anchor
$23.00M
Jun 25 2020
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
$250 / 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
$280,063
Tax year 2024
Assessed value
$25,153,858
Assessed 2024
Previous assessed
$25,153,858
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$10,499,001
Assessed improvement
$14,654,857
Applied tax rate
17.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Total area
97,123 SF
Lot
7.35 ac (320,166 SF)
Zoning code
CM
APN
213-131-007-6
UPID
US09-2783363
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
CM · San Ramon, CA
Zoning CM · permitted uses
CM · San Ramon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Ramon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$17.2M
MEDICAL BUILDING
Est. value
$35.3M
COMMERCIAL (GENERAL)
Est. value
$33.8M
OFFICE BUILDING
Est. value
$33.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$26.5M
AUTO REPAIR, GARAGE
Est. value
$25.8M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1984
Heating
NONE
Stories
1
Lot
7.35 ac
Current owner
From public records · entity-resolved
Dollinger San Ramon Assocs LP
Entity
Mailing address
555 TWIN DOLPHIN DR STE #600, REDWOOD CITY, CA 94065-2130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jun 25, 2020
—
Dollinger San Ramon Assocs LP
Dollinger Canyon LLC
Quit Claim Deed
$16,400,000 · Bank Of The Sierra
Apr 30, 2019
$23,000,000
Dollinger Canyon LLC
Mncvad Cp Norris Canyon LLC
Grant Deed
—
Jun 29, 2018
—
Mncvad Cp Norris Canyon LLC
—
Deed
related
$34,000,000 · East West Bank
Dec 30, 2013
$8,050,000
Mncvad-cp Norris Canyon LLC
Vif Of Zks Norris Tech Center LLC
Grant Deed
—
Dec 23, 2013
$8,050,000
Mncvad-cp Norris Canyon LLC
Vif Of Zks Norris Tech Center LLC
Grant Deed
—
Sep 28, 2005
—
Vif Of Zks Norris Tech Center LLC
Ca-4550 Norris Tech
Grant Deed
—
Jan 4, 1995
—
Calprop LP
Pactel Properties-california
Trustees Deed
related
—
—
—
Mncvad-cp Norris Canyon LLC
—
Deed Of Trust
related
$16,340,000 · A10 Capital LLC
—
—
4550 Ncr Associates LLC
—
Deed Of Trust
related
$5,200,000 · Bank Of The West
—
—
Vif Of Zks Norris Tech Center LLC
—
Deed Of Trust
related
$17,579,500 · Prudential Ind'l Props LLC
—
—
Calprop LP
—
Deed Of Trust
related
$77,000 · Salomon Brothers Realty Corp
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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