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Property profile & analytics
FOR LEASE
Retail space
550 Hartz Ave Danville, CA 94526
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3390920
For Lease
1 / 2
$1,450,000
550 Hartz Ave, Danville, CA 94526
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Total area
5,792 SF
Lot
0.23 ac (10,100 SF)
Zoning code
RB
APN
208-022-003-7
UPID
US09-3390920
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
-
blake griggs properties Real Estate Agency
-
College Is Real Charitable Organization Social Service Agency
-
dark horse ventures Financial Advisor
-
Opportunity Housing Group Property Management Company
-
Blue Line Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.45M
Owner & transaction history
Lincoln Ranch LLC · 8 yrs held
Lincoln Ranch LLC
since 2018
7 recorded transactions
Zoning & alternative use
RB · Danville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.1M
+51.0%
Commercial (general)
$2.0M
+44.7%
Office building
$2.0M
+42.9%
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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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
Alternative Use
Use
Estimation
RETAIL STORES
$1,395,000
Current use
MEDICAL BUILDING
$2,105,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,015,000
Change: +45% · Conversion: Easy
OFFICE BUILDING
$1,990,000
Change: +43% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,580,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,535,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±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
$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
$51,969
Tax year 2024
Assessed value
$4,462,072
Assessed 2024
Previous assessed
$4,462,072
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,253,346
Assessed improvement
$2,208,726
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1960
Heating
NONE
Stories
1
Total area
5,792 SF
Lot
0.23 ac (10,100 SF)
Zoning code
RB
APN
208-022-003-7
UPID
US09-3390920
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
RB · Danville, CA
Zoning RB · permitted uses
RB · Danville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES 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
1960
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Lincoln Ranch LLC
Entity
Mailing address
270 MONTEGO DR, DANVILLE, CA 94526-4843
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2018
$4,000,000
Lincoln Ranch LLC
Elwood 522 Hartz LLC
Grant Deed
—
Nov 12, 2013
—
Elwood 522 Hartz LLC
Olness,richard A
Grant Deed
$2,940,000 · Heritage Bank Of Commerce
May 24, 2012
—
Olness Elizabeth Trust
Olness,elizabeth E
Quit Claim Deed
related
—
Oct 12, 2005
—
Richard A Olness
Olness Ellington E Trust
Quit Claim Deed
related
—
Apr 4, 2005
—
Richard A Olness
Olness,ellington
Affidavit Of Death
related
—
Mar 4, 1971
—
—
—
Grant Deed
related
—
Oct 6, 1959
—
Owner Name Unavailable
—
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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