Back to Search
Property profile & analytics
FOR LEASE
Office buildings
588 San Ramon Valley Blvd Danville, CA 94526
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1749245
For Lease
$3,155,000
588 San Ramon Valley Blvd, Danville, CA 94526
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
12,973 SF
Lot
0.84 ac (36,460 SF)
Zoning code
RB
APN
216-090-023-5
UPID
US09-1749245
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
-
Gretchen Pearson Real Estate Agency
-
Berkshire Hathaway HomeServices Drysdale Properties - Danville (Home Office) Real Estate Agency
-
Drysdale Insurance Services Insurance Agency
-
Diane Gilfether, REALTOR® - CalDRE #00929697 Real Estate Agency
-
Jeff Kettmann - Welcome Home Funding Regional Manager NMLS# 450738 Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.85M
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$3.16M
Owner & transaction history
Cal North Properties LLC · 10 yrs held
Cal North Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
RB · Danville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.7M
+5.7%
Commercial (general)
$4.5M
+1.3%
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%
$4,170,000
6.5%
$3,850,000
7%
$3,575,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,460,000
Current use
MEDICAL BUILDING
$4,710,000
Change: +6% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,515,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$3.16M
Range $2.84M – $3.47M · ±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
$243 / 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
$78,266
Tax year 2024
Assessed value
$6,731,393
Assessed 2024
Previous assessed
$6,731,393
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,829,931
Assessed improvement
$2,901,462
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1987
Heating
NONE
Stories
1
Total area
12,973 SF
Lot
0.84 ac (36,460 SF)
Zoning code
RB
APN
216-090-023-5
UPID
US09-1749245
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
OFFICE BUILDING Current
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.5M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1987
Heating
NONE
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Cal North Properties LLC
Entity
Mailing address
1280 BLVD WAY STE #109, WALNUT CREEK, CA 94595-1100
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
—
Cal North Properties LLC
—
Deed
related
$1,000,000 · Fremont Bank
May 27, 2016
—
Cal North Properties LLC
—
Deed
related
$300,000 · Fremont Bank
May 6, 2016
$5,800,000
Cal North Properties LLC
588 Srval LLC
Grant Deed
$3,020,000 · Fremont Bank
Nov 7, 2013
$4,660,000
588 Srval LLC
Deerfield 2000 LLC
Grant Deed
$3,000,000 · Bank Of The West
Dec 30, 2010
$1,629,500
Deerfield 2000 LLC
Pace Properties LLC
Grant Deed
—
Jun 25, 2009
—
Joint Venture Bianchi
Bianchi Joint Venture
Quit Claim Deed
—
May 31, 2000
—
Pace Properties LLC
Old Republic Title
Quit Claim 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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
