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Property profile & analytics
FOR LEASE
Office Spaces
5890 Stoneridge Dr Pleasanton, CA 94588
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-7864809
For Lease
1 / 2
$790,000
5890 Stoneridge Dr, Pleasanton, CA 94588
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1990
Construction
TILT-UP CONCRETE
Total area
1,763 SF
APN
941-2824-8
UPID
US09-7864809
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
-
Riverstone (Bike/Boat/Book/etc) Store Corporate Office
-
Smile Solutions Dental Office
-
Dr. Marjan Shaghasi Dental Office
-
Pleasanton Landscape & Garden Design Landscaping General Contractor
-
willowridge Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$938k
Blend (final)
Blend
$790k
Owner & transaction history
Ptp Tech INC · 1 yrs held
Ptp Tech INC
since 2025
Last sale
$760,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$750,000
+2.1%
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
Method
Estimation
Statistic approach
$780,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$735,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$750,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$695,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $760k (Feb 26 2020)
Last sale anchor
$760k
Feb 26 2020
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
$448 / 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
$9,648
Tax year 2023
Assessed value
$814,863
Assessed 2024
Previous assessed
$798,889
+2.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$246,603
Assessed improvement
$568,260
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Rooms
1
Total area
1,763 SF
APN
941-2824-8
UPID
US09-7864809
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$750,000
MEDICAL BUILDING
Est. value
$695,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Rooms
1
Current owner
From public records · entity-resolved
Ptp Tech INC
Entity
Mailing address
2596 WHITEHORSE WAY, DUBLIN, CA 94568-4611
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2025
$675,000
Ptp Tech INC
Dana Gulseth
Grant Deed
$472,500 · Five Star Bank
Jul 10, 2023
—
Dana D Gulseth
Dana D Gulseth
Deed
related
—
Nov 16, 2021
$412,000
Dana D Gulseth
James H Gulseth
Deed
related
$412,000 · Us Bank NA
Jul 21, 2021
$599,000
The Cala Group LLC
Prakash Narasimhalu
Grant Deed
$539,100 · Community Bank Of The Bay
Jul 20, 2021
$1,073,000
Jaydean LLC
Leonard A Magnani
Grant Deed
$4,500,000 · Live Oak Banking Company
Jul 20, 2021
$1,077,000
Jaydean LLC
Colleen Mary Pleis
Grant Deed
—
Feb 9, 2021
—
Riverstone Investments LLC
—
Deed
related
$500,000 · Poppy Bank
Feb 26, 2020
$760,000
Hana Property Management LLC
Starriver INC
Grant Deed
$608,000 · Jpmorgan Chase Bank NA
Apr 10, 2019
$875,000
Riverstone Investments LLC
Austin John & Lucia F/tr
Grant Deed
—
Oct 19, 2016
—
Sharon A Almeida
—
Deed
related
$450,000 · Wells Fargo Bank NA
Aug 3, 2016
—
Prakash & Priya Family Trust
Narasimhalu,prakash
Quitclaim Deed
related
—
Jul 28, 2016
—
Prakash Narasimhalu
—
Deed
related
$320,000 · Bank Of America
Mar 29, 2013
$307,500
Starriver INC
Willow Ridge LLC
Grant Deed
—
Apr 8, 2009
—
Willow Ridge LLC
—
Deed Of Trust
related
$1,500,000 · Stanford FCU
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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