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    Property profile & analytics

    5934 Gibraltar Dr Pleasanton, CA 94588

    • Office buildings
    • 43,218 SF
    • 2.61 lot acres
    For Lease
    View listing
    Last Sale
    Mar 10, 2022
    $11,500,000
    Value Estimations
    $11,160,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8358212
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Provident Bank Mortgage - Wholesale / Loan Service / Bank
    • WB Engineers+Consultants / Engineering Consultant
    • Wunderlich-Malec / Engineering Consultant
    • Winbond Pleasanton Office / Corporate Office
    • Tekion Corp / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 5934 Gibraltar Dr

    Year built
    1985
    Lot size
    2.61 lot acres
    Property size
    43,218 SF
    Property type
    Office buildings
    APN
    941-2759-79
    APU
    941275979

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,955,000
      ML approach
      $8,510,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $15,525,000
      6.5%
      $14,335,000
      7%
      $13,310,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $17,990,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $18,360,000
      Change: +2% Conversion: Difficult
      MEDICAL BUILDING
      $17,085,000
      Change: -5% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Alameda
    State
    California
    Longitude
    -121.899
    Latitude
    37.6954
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $138,913
    $4,161,600
    $7,803,000
    $11,964,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,705,000
      7,511 SF

      11533 Dublin Cyn Rd

      OFFICE BUILDING • 7,511 SF
      11533 Dublin Cyn Rd, Pleasanton, CA 94588-2815
      View Details
    • Value Estimation
      $2,565,000
      14,588 SF

      6111 Johnson Ct

      OFFICE BUILDING • 14,588 SF
      6111 Johnson Ct, Pleasanton, CA 94588-3331
      View Details
    • Value Estimation
      $4,480,000
      24,642 SF

      6678 Owens Dr

      OFFICE BUILDING • 24,642 SF
      6678 Owens Dr, Pleasanton, CA 94588-3325
      View Details
    • Value Estimation
      $2,360,000
      12,416 SF

      2166 Rheem Dr

      OFFICE BUILDING • 12,416 SF
      2166 Rheem Dr, Pleasanton, CA 94588-2775
      View Details
    • Value Estimation
      $28,815,000
      146,060 SF

      4410 Rosewood Dr

      OFFICE BUILDING • 146,060 SF
      4410 Rosewood Dr, Pleasanton, CA 94588-3050
      View Details
    • Value Estimation
      $27,800,000
      140,662 SF

      4450 Rosewood Dr

      OFFICE BUILDING • 140,662 SF
      4450 Rosewood Dr, Pleasanton, CA 94588-3061
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,948 SF

      Pleasanton Office Building For Sale

      Office building with excellent parking, near BART, furniture included.
      5139-5145 Johnson Dr, Pleasanton, CA 94588
      View Details
    • $3,299,000

      Freestanding Office Building Near Hospital

      Single-story office building suitable for medical or general office use.
      4495 Stoneridge Dr, Pleasanton, CA 94588
      View Details
    • $620,000
      1.00 Acre

      Land For Sale, Napa, CA

      Land available for retail or automotive use in Napa.
      1906 Wise Ave, Napa, CA 94588
      View Details
    • Contact for pricing
      7,206 SF

      Retail Space in Stoneridge Mall

      Retail space available for lease in Pleasanton, California.
      5800 Stoneridge Mall Rd, Pleasanton, CA 94588
      View Details
    • $2,795,000
      80.00 Acres

      80 Acres in Pleasanton, CA

      Rare 80-acre land parcel in prestigious Pleasanton location.
      3984 Foothill Rd, Pleasanton, CA 94588
      View Details
    • Contact for pricing
      1,435.00 Acres

      Tassajara Ranch Estate Land

      1435 Acres, Buildable Lots, Private Reserve
      6401 Camino Tassajara, Pleasanton, CA 94588
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      37,498 SF

      Class A Office Space Available

      Office space for lease in Hacienda Business Park.
      4430 Rosewood Dr, Pleasanton, CA 94588
      View Details
    • Contact for pricing
      20,270 SF

      Class A Office Building

      64,405 SF Class A office space available for lease.
      5100 Franklin Dr, Pleasanton, CA 94588
      View Details
    • Contact for pricing

      Hacienda Business Park Office Space

      Class A office space for rent in Pleasanton, California.
      3825 Hopyard Rd, Pleasanton, CA 94588
      View Details
    • Contact for pricing
      30,000 SF

      Pleasanton Office Space For Rent

      Sublease opportunity with open floor plans and freeway access.
      6220 Stoneridge Mall Rd, Pleasanton, CA 94588
      View Details
    • $2 SF/Yr

      Pleasanton Office Space For Rent

      Office space with freeway access and proximity to BART station.
      5111-5117 Johnson Dr, Pleasanton, CA 94588
      View Details
    • $22 SF/Yr
      19,846 SF

      Regus Pleasanton Office Space

      Premium Pleasanton office suites, flexible options.
      6200 Stoneridge Mall Rd, Pleasanton, CA 94588
      View Details
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    Pleasanton, CA 94588
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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