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Property profile & analytics
OFF-MARKET
Estimated value
$3,530,000
Flex space
550 Commerce Way Livermore, CA 94551-7812
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9563288
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1999
Construction
WOOD
Total area
30,427 SF
Lot
1.97 ac (85,926 SF)
APN
99B-8104-31
UPID
US09-9563288
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
-
Festo Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$3.53M
Owner & transaction history
Centerwall,r W & K 2000 Trust · 5 yrs held
Centerwall,r W & K 2000 Trust
since 2021
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 Livermore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livermore 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
$3.53M
Range $3.18M – $3.88M · ±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
$116 / 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
$46,871
Tax year 2024
Assessed value
$4,019,009
Assessed 2024
Previous assessed
$4,019,009
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$723,421
Assessed improvement
$3,295,588
Applied tax rate
16.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
30,427 SF
Lot
1.97 ac (85,926 SF)
APN
99B-8104-31
UPID
US09-9563288
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
1999
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.97 ac
Current owner
From public records · entity-resolved
Centerwall,r W & K 2000 Trust
Trust
Mailing address
90 SANDERS RNCH RD, MORAGA, CA 94556-2806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
—
Centerwall,r W & K 2000 Trust
Centerwall R W 2000 Trust
Correction Deed
related
$3,200,000 · First Republic Bank
Dec 15, 2020
—
Ronald,william Cent 2000 Trust
550 Commerce Way LLC
Quit Claim Deed
—
Mar 27, 2018
—
550 Commerce Way LLC
Centerwall R W & K S 2 Trust
Quit Claim Deed
$1,800,000 · First Republic Bk
Jan 31, 2018
—
Ronald Centerwall
—
Deed
related
$1,800,000 · First Republic Bank
Jun 10, 2015
—
Granger,david B 2015 Trust
Granger David B
Quit Claim Deed
related
—
May 19, 2006
—
Ronald William Centerwall
Paula Pipitone
Grant Deed
$1,700,000 · Washington Mutual Bank Fa
—
—
Centerwall R W 2000
—
Deed Of Trust
related
$2,379,000 · Comerica Bank
—
—
550 Commerce Way LLC
—
Loan Modification
related
$1,800,000 · First Republic Bk
—
—
Richard C Pipitone
—
Deed Of Trust
related
$3,000,000 · Wells Fargo Bank
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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