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Property profile & analytics
OFF-MARKET
Estimated value
$2,435,000
Industrial properties
62 Buchanan Cir Pacheco, CA 94553-5116
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2798352
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1962
Construction
STEEL FRAME
Total area
8,662 SF
Lot
1.08 ac (47,045 SF)
Zoning code
C-M
APN
125-231-011-3
UPID
US09-2798352
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
-
CAL-STEAM Plumbing Service Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.37M
CAP Approach
CAP
$1.98M
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.44M
Owner & transaction history
Benjamin J Kronick · 2 yrs held
Benjamin J Kronick
since 2023
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
C-M · Pacheco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+146.7%
Medical building
$3.1M
+104.9%
Commercial (general)
$3.0M
+96.4%
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 Pacheco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacheco 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
$2,390,000
ML approach
$2,365,000
CAP Approach
CAP Return
Estimation
6%
$2,145,000
6.5%
$1,980,000
7%
$1,835,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,535,000
Current use
RESTAURANT
$3,790,000
Change: +147% · Conversion: Difficult
MEDICAL BUILDING
$3,145,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,015,000
Change: +96% · Conversion: Difficult
OFFICE BUILDING
$2,980,000
Change: +94% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,295,000
Change: +50% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,195,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$2.44M
Range $2.19M – $2.68M · ±10% · vs last sale $2.50M (Dec 14 2023)
Last sale anchor
$2.50M
Dec 14 2023
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
$281 / 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
$30,264
Tax year 2024
Assessed value
$2,500,000
Assessed 2024
Previous assessed
$2,500,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,400,000
Assessed improvement
$1,100,000
Applied tax rate
79.0000
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1962
Construction
STEEL FRAME
Heating
SPACE
Cooling
WALL UNIT
Stories
1
Units
1
Rooms
1
Total area
8,662 SF
Lot
1.08 ac (47,045 SF)
Zoning code
C-M
APN
125-231-011-3
UPID
US09-2798352
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
C-M · Pacheco, CA
Zoning C-M · permitted uses
C-M · Pacheco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pacheco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
RESTAURANT
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.0M
OFFICE BUILDING
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1962
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Benjamin J Kronick
Individual
Mailing address
1160 HANNA GRV TRL, WALNUT CREEK, CA 94598-4560
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2023
$2,500,000
Benjamin J Kronick
Obc Pacheco LLC
Grant Deed
$800,000 · Community Bank Of The Bay
Oct 17, 2023
$1,750,000
Obc Pacheco LLC
Rice Family Pacheco LLC
Grant Deed
—
Dec 17, 2010
—
Rice Family Pacheco LLC
Rice Claire L 1995 Trust
Quit Claim Deed
—
Jan 27, 2006
$598,500
Rice Claire L 1995 Trust
Lincoln,john S & Maria M
Grant Deed
—
May 25, 2004
—
Lincoln,tr
Lincoln,tr
Quit Claim Deed
related
—
Dec 29, 1995
$195,000
Lincoln Rice Trust
Lincoln Trust
Grant Deed
related
—
Aug 17, 1995
—
John S Lincoln
Dallman Trust
Grant Deed
related
—
Jun 9, 1995
—
Rice Trust
Rice,claire L
Quit Claim Deed
related
—
May 26, 1995
—
Lincoln Trust
Lincoln,john
Quit Claim Deed
related
—
Oct 7, 1993
—
Suzanne,hedges Dallman Trust
Dallman,s.
Quit Claim Deed
related
—
May 11, 1992
—
Rosalie D Lincoln Trust
Lincoln,r.
Quit Claim Deed
related
—
Oct 21, 1988
$200,000
Suzanne Dallman
Rice,s./dallman,
Grant 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.
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