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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Office buildings
485 Railroad Ave Pittsburg, CA 94565-2246
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2518299
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1929
Construction
BRICK
Total area
7,236 SF
Lot
0.09 ac (3,920 SF)
Zoning code
C-2
APN
085-109-008-4
UPID
US10-2518299
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.03M
Owner & transaction history
Veritel Homes LLC · 9 yrs held
Veritel Homes LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-2 · Pittsburg, CA
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 Pittsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsburg 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
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$142 / 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
$5,716
Tax year 2024
Assessed value
$382,838
Assessed 2024
Previous assessed
$382,838
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$46,333
Assessed improvement
$336,505
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
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
1929
Construction
BRICK
Heating
NONE
Stories
1
Units
4
Rooms
4
Total area
7,236 SF
Lot
0.09 ac (3,920 SF)
Zoning code
C-2
APN
085-109-008-4
UPID
US10-2518299
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Pittsburg, CA
Zoning C-2 · permitted uses
C-2 · Pittsburg, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
BRICK
Heating
NONE
Stories
1
Units
4
Rooms
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
Veritel Homes LLC
Entity
Mailing address
87 PANORAMIC WAY, WALNUT CREEK, CA 94595-1605
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2025
—
Eritel Homes LLC
—
Deed
related
$720,000 · Travis Cu
Oct 17, 2016
—
Veritel Homes LLC
Keslinke,anthony
Grant Deed
—
Dec 2, 2008
—
Anthony Keslinke
Chattel Properties INC
Grant Deed
$250,000 · Iron Home Loans INC
Mar 7, 2002
$220,000
Chattel Properties
Summers,alan
Grant Deed
$150,000 · Alan Summers
Dec 26, 2001
$114,000
Alan Summers
Summers,alan
Grant Deed
related
—
Aug 6, 1999
—
Alan Summers
Summers,michelle R
Quit Claim Deed
related
—
Aug 6, 1999
$180,000
Summers,alan
Summers & Co INC
Trustees Deed
related
$130,000 · Berterotti Trust
Feb 26, 1998
$110,000
Summers & Co INC
Olin,bill & Lori
Grant Deed
related
$85,000 · Capital Finance Corp
Aug 12, 1996
—
Bill Olin
Olin,bill & Lori
Quit Claim Deed
related
—
Jun 4, 1996
$118,317
Bill Olin
Venhaus,jim & Colene T
Trustees Deed
—
Mar 9, 1993
—
Venhaus,trust
Venhaus,jim & Co
Quit Claim Deed
related
—
Mar 25, 1988
$136,000
Colene Venhaus
Comst
Grant Deed
$45,000 · Individual
—
—
Colene Venhaus
—
Deed Of Trust
related
$100,000
—
—
Anthony Keslinke
—
Deed Of Trust
related
$450,000 · Us District Court
—
—
Venhaus,trust
—
Deed Of Trust
related
$12,000 · Network Capital Group INC
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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