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Property profile & analytics
FOR LEASE
Industrial properties
557 Clark Ave Pittsburg, CA 94565
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1841529
For Lease
1 / 4
$6,240,000
557 Clark Ave, Pittsburg, CA 94565
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1940
Total area
42,000 SF
Lot
4.12 ac (179,424 SF)
APN
088-250-050-7
UPID
US09-1841529
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
by Request
Blend (final)
Blend
$6.24M
Owner & transaction history
Blue Star Services Group INC · 1 yrs held
Blue Star Services Group INC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.1M
+35.4%
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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,445,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,080,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$6.24M
Range $5.62M – $6.86M · ±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
$149 / 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
$78,853
Tax year 2024
Assessed value
$6,550,000
Assessed 2024
Previous assessed
$6,550,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,620,000
Assessed improvement
$3,930,000
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
For Lease
Year built
1940
Heating
NONE
Buildings
3
Stories
1
Units
3
Rooms
2
Total area
42,000 SF
Lot
4.12 ac (179,424 SF)
APN
088-250-050-7
UPID
US09-1841529
Jurisdiction
CONTRA COSTA
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.1M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
1940
Heating
NONE
Stories
1
Buildings
3
Units
3
Rooms
2
Lot
4.12 ac
Current owner
From public records · entity-resolved
Blue Star Services Group INC
Entity
Mailing address
557 CLARK AVE PITTSBURG
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 1, 2024
—
Blue Star Services Group INC
Blue Star Real Estate Group 557-780
Deed
$2,823,000 · The Mortgage Capital Development Corpora
Aug 14, 2023
$6,550,000
Blue Star Re Group 557 780 Clark Ll
Patrick W O'keefe
Grant Deed
$3,450,000 · Wells Fargo Bank NA
Aug 1, 2016
$3,700,000
Okeefe Family Trust
Guasch,michael N & Monica J
Grant Deed
$1,850,000 · Bank Of The West
Jun 3, 2002
—
Western Metal Decorating Co LP
Western Metal Decorating Co
Quit Claim Deed
related
—
Jun 3, 2002
$1,700,000
Michael N Guasch
Western Metal Decorating Co
Grant Deed
$1,000,500 · California Bank & Trust
Aug 3, 1982
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Michael N Guasch
—
Deed Of Trust
related
$824,000 · Mortgage Capital Dev 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.
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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