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Property profile & analytics
FOR LEASE
Office buildings
5000 Franklin Dr Pleasanton, CA 94588
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-8119949
For Lease
1 / 2
Contact for pricing
5000 Franklin Dr, Pleasanton, CA 94588
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
TILT-UP CONCRETE
Total area
62,864 SF
Lot
3.52 ac (153,502 SF)
APN
941-1301-83
UPID
US09-8119949
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
-
St. Johnson's Innovated Church Church
-
Anixter Pleasanton Distribution Center Logistics Company
-
Geoffrey & Sons Electrical Service LLC Electrical Service General Contractor
-
Harland Financial Solutions (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.14M
Owner & transaction history
Westwood Company Franklin LLC · 7 yrs held
Westwood Company Franklin LLC
since 2019
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 Pleasanton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasanton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$193 / 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
$166,917
Tax year 2023
Assessed value
$14,374,181
Assessed 2024
Previous assessed
$14,092,334
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$4,096,116
Assessed improvement
$10,278,065
Applied tax rate
19.0000
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
For Lease
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Total area
62,864 SF
Lot
3.52 ac (153,502 SF)
APN
941-1301-83
UPID
US09-8119949
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
Building & site characteristics
From public records
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Lot
3.52 ac
Current owner
From public records · entity-resolved
Westwood Company Franklin LLC
Entity
Mailing address
2323 S BASCOM AVE STE #150, CAMPBELL, CA 95008-4397
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2019
—
Westwood Company Franklin LLC
—
Deed
related
$9,000,000 · Comerica Bank
Feb 11, 2019
—
Westwood Company Franklin LLC
Westwood Company Warm Springs LLC
Grant Deed
—
Apr 2, 2018
—
Westwood Co-warm Springs LLC
—
Deed
related
$9,100,000 · Comerica Bk/detroit
Sep 19, 2016
$12,600,000
Westwood Company Warm Springs LLC
Franklin Drive LLC
Grant Deed
$7,500,000 · Comerica Bank
Dec 12, 2005
—
Franklin Drive LLC
Thomas Franklin LLC
Quit Claim Deed
—
Aug 30, 2005
—
Modern Ice & Cold Storage INC
Franklin Four LLC
Grant Deed
—
Jul 7, 2004
—
Thomas Franklin LLC
Thomas,steven P
Quit Claim Deed
related
$6,550,000 · John Hancock Life Insurance Co
Sep 24, 2001
—
Steven P Thomas
Unum Life Insurance Co America
Grant Deed
$6,500,000 · Metropolitan Life Insurance
Aug 12, 1988
—
Unum Life Insura
Johnson,b./johns
Quit Claim Deed
related
—
—
—
Westwood Co-warm Springs LLC
—
Loan Modification
related
$9,100,000 · Comerica Bk/detroit
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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