Back to Search
Property profile & analytics
FOR LEASE
Office buildings
5934 Gibraltar Dr Pleasanton, CA 94588
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8358212
For Lease
1 / 6
$11,160,000
5934 Gibraltar Dr, Pleasanton, CA 94588
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
43,218 SF
Lot
2.61 ac (113,498 SF)
APN
941-2759-79
UPID
US09-8358212
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
-
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.51M
CAP Approach
CAP
$14.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.16M
Owner & transaction history
Rollins Road LLC · 4 yrs held
Rollins Road LLC
since 2022
Last sale
$11.5M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$18.4M
+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
$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
Blend value · Realmo final
$11.16M
Range $10.04M – $12.28M · ±10% · vs last sale $11.50M (Mar 10 2022)
Last sale anchor
$11.50M
Mar 10 2022
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
$258 / 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
$138,913
Tax year 2023
Assessed value
$11,964,600
Assessed 2024
Previous assessed
$11,730,000
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$4,161,600
Assessed improvement
$7,803,000
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 buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1985
Buildings
1
Stories
2
Units
1
Total area
43,218 SF
Lot
2.61 ac (113,498 SF)
APN
941-2759-79
UPID
US09-8358212
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
$18.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.4M
MEDICAL BUILDING
Est. value
$17.1M
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
1985
Stories
2
Buildings
1
Units
1
Lot
2.61 ac
Current owner
From public records · entity-resolved
Rollins Road LLC
Entity
Mailing address
235 MONTGOMERY ST STE #1042, SAN FRANCISCO, CA 94104-3008
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
$11,500,000
Rollins Road LLC
Crefiii Rci Saratoga Owner LLC
Grant Deed
$4,200,000 · First Republic Bank
Mar 10, 2021
—
Crefiii Rci Saratoga Owner LLC
Crefii Rci Saratoga Owner LLC
Intrafamily Transfer
related
$5,600,000 · Oceanview Commercial Mortgage Finan
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.
