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Property profile & analytics
OFF-MARKET
Estimated value
$3,460,000
Flex space
602 Enterprise Ct Livermore, CA 94550
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8115548
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2005
Construction
TILT-UP CONCRETE
Total area
15,070 SF
Lot
1.11 ac (48,160 SF)
APN
99B-5753-43
UPID
US09-8115548
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
$2.78M
Comparable Approach
Comparable
$3.37M
Blend (final)
Blend
$3.46M
Owner & transaction history
Sam Park Group LLC · 1 yrs held
Sam Park Group LLC
since 2024
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.1M
+53.4%
Auto repair, garage
$4.9M
+45.7%
Retail stores
$4.3M
+28.4%
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 Livermore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livermore 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%
$3,005,000
6.5%
$2,775,000
7%
$2,575,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,330,000
Current use
OFFICE BUILDING
$5,110,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,855,000
Change: +46% · Conversion: Easy
RETAIL STORES
$4,275,000
Change: +28% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,220,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$3.46M
Range $3.11M – $3.81M · ±10% · vs last sale $3.85M (Jun 13 2024)
Last sale anchor
$3.85M
Jun 13 2024
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
$230 / 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
$38,771
Tax year 2024
Assessed value
$3,331,844
Assessed 2024
Previous assessed
$3,331,844
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$860,869
Assessed improvement
$2,470,975
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Bathrooms
2
Total area
15,070 SF
Lot
1.11 ac (48,160 SF)
APN
99B-5753-43
UPID
US09-8115548
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.3M
OFFICE BUILDING
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.9M
RETAIL STORES
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$4.2M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Bathrooms
2
Lot
1.11 ac
Current owner
From public records · entity-resolved
Sam Park Group LLC
Entity
Mailing address
5650 DRESSLAR CIR, LIVERMORE, CA 94550-7194
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
Sep 13, 2024
$3,850,000
Sam Park Group LLC
Enterprise 602 LLC
Grant Deed
$2,250,000 · Technology Cu
Jul 5, 2023
—
Enterprise 602 LLC
Michael L Sanders
Grant Deed
—
Sep 11, 2018
—
Michael L Sanders
—
Deed
related
$1,150,000 · Jpmorgan Chase Bank NA
Dec 30, 2011
—
Sanders Family Living Trust
Sanders Michael L Trust
Quit Claim Deed
related
—
Jul 25, 2007
—
Sanders Michael L Trust
Sanders,michael L
Quit Claim Deed
related
—
Dec 1, 2004
$2,378,500
Michael L Sanders
National Drive Developers
Grant Deed
$1,199,234 · Bank Of America
—
—
Sanders Family Living Trust
—
Deed Of Trust
related
$1,500,000 · Bank Of The West
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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